The Advisors' Blog

– Broc Romanek, CompensationStandards.com

With much thanks to Mike Melbinger and Erik Lundgren of Winston & Strawn, we have posted their “Step-by-Step Action Plan” Chart that can be used by companies who are serious about risk assessment (it is posted in our “Risk Assessment” Practice Area). By following the possible 20 steps, the chart provides guidance to help:

– impose a structure,
– assist board/committee in compliying with fiduciary duties,
– help ensure legal compliance, and
– give attorney-client privilege protection, when necessary.

Check it out and give Mike and Eric your feedback…