FYI: Corporate Counsel, Contracts and Compliance

National headlines about corporate accounting scandals have not abated since the passage of the Sarbanes-Oxley Act of 2002. Since that time, amendments to the Federal Rules of Civil Procedure went into effect on December 1, 2006 increasing the scrutiny of corporate entities and record keeping. Organizational risk and compliance officers need to maintain regulatory compliance in an increasingly complex environment. In light of these recent changes, it seemed like a good time to revisit the options available for corporate legal departments. We've developed a list of resources for your consideration that are geared toward the special needs of law departments rather than law firms.

Corporate Record Keeping – Updating corporate minutes is a routine function but an important requirement that must be met to maintain the protection of the corporate veil.

 

Contract Management Software facilitates corporate legal department’s compliance with contract regulations, centralizes contract tracking, and contract administration. Here are some applications that are specific to this specialty:

 

Corporate Counsel Practice management applications help law departments manage legal entity information. Some of the following providers focus exclusively on this area while others offer integrated solutions.

  • Corporatek - Founded in 1983, Corporatek's EnAct® Platinum is a fully integrated, Corporate Governance, Compliance, Records and Document Management System, built on a Object-Oriented Relational Database with built-in compression and encryption

 

 

 


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