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Government,
Ethics/Professional Responsibility

Jan. 4, 2023

Does ‘leniency’ inspire companies to report wrongdoing?

The Department of Justice now has increased its incentives for companies to hold themselves accountable by promptly disclosing all nonprivileged information about individuals committing misconduct; the agency will not seek guilty pleas from companies that voluntarily disclose, fully cooperate with an investigation and fully remediate the root cause of the wrongdoing.

Does ‘leniency’ inspire companies to report wrongdoing?
Lisa Monaco, President Joe Biden's nominee to be deputy attorney general, speaks at a Senate Judiciary Committee hearing on her nomination at the Capitol in Washington, March 9, 2021. New York Times News Service

When he took office, President Joe Biden’s administration put in place new policies they said were meant to better police and regulate corporate wrongdoing. But two years on, legal experts are divided on the effectiveness of those policies and whether they had a positive or negative impact.

The Department of Justice now has increased its incentives for companies to hold themselves accountable by promptly disclosing all nonprivileged infor...

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