Kavitha Gupta's blog

2016 Anti-Bribery Cases—The Year of Internal Controls, Books & Records By Kristin Casler, featuring Gregory Husisian of Foley & Lardner LLP and Michael Volkov of The Volkov Law Group LLC Years of robust federal enforcement have convinced most companies operating internationally to initiate policies that forbid outright bribery of foreign officials. That would have been sufficient in the early days of the Foreign Corrupt Practices Act of 1977, when corporate compliance generally hinged on the existence of any kind of compliance program. Over the years, though, minimum standards have evolved to require a corporate compliance program be more than just a “paper program”— it needs to be “effective.” Now, the latest Department of Justice and Securities & Exchange Commission cases indicate another escalation—companies must also have good, functioning internal controls. That means companies must take utmost care with foreign transactions and dealings in countries known for c...

Big Data and Human Resources—Letting the Computer Decide? By Susan McLean , Caroline Stakim , Hanno Timner and Christine E. Lyon on April 3rd, 2015 Posted in Employment Law Employees are a company’s greatest asset, but if the company gets hiring decisions wrong, employees could also be the company’s greatest expense. Accordingly, recruiting the right people and retaining and promoting the best, while identifying and addressing under-achievers, is critical. Many organizations spend a lot of time and effort on human resources issues but do not have sufficiently detailed data to help them fully understand their employees and the challenges that can affect workforce planning, development and productivity. Big data analytics can help to address these challenges, which explains why more and more HR departments are turning to them for a variety of purposes, for example, to: (i) identify potential recruits; (ii) measure costs per hire and return on investment; (iii) ...