Lawyer Article
New Federal and State Ethics Laws Present High-Stakes Challenges for Business and Their In-House Counsel
March 10, 2008
Republished courtesy of Washington Metropolitan Area Corporate Counsel Association (WMACCA)
Abstract
Lunches, lobbying, and campaign donations—once activity considered to be just part of doing business—have become a highstakes compliance challenge for corporations and associations, and the in-house counsel who advise them. A new federal ethics and lobbying law requires an executive in every organization that employs a lobbyist to swear under oath that the entire organization is in compliance with Congressional ethics and lobbying rules. Even if a company only occasionally hires an outside lobbyist,
the employees of that company must now comply with more rigid Congressional gift and lobbying restrictions.
Click here to read the article (PDF format).
This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.