How In‑House Expertise Can Help Outside Counsel

When faced with a compliance-related crisis, most fund managers reach out to outside counsel for advice and support. Law firms can offer critical resources, including seasoned attorneys with years of investigatory experience under their belts, but they often lack hands-on, in-house experience with compliance programs. That can lead to misunderstandings and stress. With that in mind, Amy Schuh, a former executive at HP, Merck and Cognizant, has taken her in-house experience to Morgan Lewis to help build out an ethics and compliance practice. The Hedge Fund Law Report recently spoke with Schuh about the reasoning behind her move and how law firm teams can benefit from integrating in-house know-how into their practices. See our two-part series “Perspectives From In‑House and Private Practice”: Hedge Fund Culture, Law Firm Selection and Counterparty Risk (Aug. 11, 2016); and Family Offices, Broker-Dealer Registration issues and Impact of Capital, Liquidity and Margin Requirements (Aug. 25, 2016).

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