Lex Mundi Best Practices, a series of guides developed in consultation with our member firms, provide insight on ways law firms and clients can effectively work together.
Over the past few years, the use of Requests for Proposals (RFPs) for selecting legal counsel has been on the rise. Nevertheless, it seems that neither party involved – the company that issues the RFP nor the law firm that responds to it – is completely satisfied with its side of the process. The purpose of this guide is to provide a comprehensive set of recommendations that will make the RFP process more efficient and successful for the issuing entities and the responding law firms as well as enhance the relationship between both parties.
In today's global business climate, the regulations that guide operations and practices have become increasingly numerous and complex. Regulatory authorities share information with each other more frequently, are increasingly aggressive about enforcement and are adamant about their expectation of accountability for business conduct around the world. We have published this guide in response to the growing body of global knowledge concerning how to address and prevent fraud and corruption in international business. It provides practical suggestions that enable corporations and their law firm advisors to develop effective compliance programs that will avoid, detect and remedy wrongdoing, especially fraud and corruption.