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This product provides an authoritative, insider's perspective on key strategies for implementing effective corporate governance safeguards against white-collar infractions. Featuring partners from leading national law firms, this book guides the reader through the phases of developing a compliance program and the considerations for each phase. It offers advice on avoiding common mistakes, counseling clients, evaluating existing control systems, and overcoming challenges. It explains what steps must be taken in order to accurately define the problem before creating an effective compliance program. Additionally, the consequences of noncompliance and the benefits of setting up safeguards to avoid litigation are discussed.