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U.S. Firms Scramble To Understand U.K. Bribery Act

published March 21, 2011

By CEO and Founder - BCG Attorney Search left
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( 1 vote, average: 2.5 out of 5)
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Under the new law, officials at companies in the U.K. would be subject to prosecution if anyone representing their company, across the world, was paid a bribe, regardless if they were aware of the corruption or not.

Bloomberg News published an article claiming that U.S. law firms are now looking to hire lawyers at the U.K.'s Serious Fraud Office, so that they can protect their U.K. interests from the unprecedented anti-bribery law.

Arnold & Porter, a Washington-based firm, hired the SFO's former head of its business group, Kathleen Harris. Harris joined the firm's London office as a partner.

Additionally, another senior official at the agency, Charlie Monteith, left the AFO for the New York-based firm, White & Case.

Robert Amaee, who left the SFO in January to join Covington & Burling, another Washington-based law firm, said ''There is a real thirst for knowledge on the Briber Act, a thirst for having the right kind of advice from someone who's been on the other side. A good deal of my time is spent helping clients understand the Bribery Act.''

Amaee claims that ''any non U.K. registered company trading on the London Stock Exchange but not otherwise operating in the U.K., is, as a matter of course, exempt from the ambit of the term ‘carries on a business, or part of a business,'' part of the U.K. Bribery Act.

A spokesperson from the Ministry of Justice responded to U.S. and foreign speculation about the new law, stating, ''We cannot comment on draft guidance which is yet to be made public. A common sense approach would mean that organisations which do not have a demonstrable business presence in the U.K. would not satisfy this test.''

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

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About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.

published March 21, 2011

By CEO and Founder - BCG Attorney Search left
( 1 vote, average: 2.5 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

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