What is the purpose of international human resources compliance audits?
Cowman: Proactive legal, risk and compliance reviews provide critical backstops for multinationals, especially in today’s troubled times. We team with clients to better position their business by analyzing and quantifying the legal risks and business challenges facing their overseas operations. Lawyers sometimes are seen as “business preventers” who can’t or won’t help businesses do business. Yet, when top executives utilize their in-house and outside legal talent strategically, the result can be the identification of priorities for allocating resources, managing risks, and, importantly, working around those risks to capitalize on opportunities. There is huge value in uncovering serious issues that might otherwise go unnoticed until significant, sometimes catastrophic, consequences occur. For example, actions that could violate the FCPA can lead to fines and criminal penalties. Being well-versed in a wide range of legal issues is a critical element in providing sound and valuable legal
