In his Franchising column, Rupert M. Barkoff, a partner at Kilpatrick Townsend & Stockton, writes: In the context of spends to insure legal compliance, the connection between expenditures and improvements to the bottom line is distant, and, therefore, dollars spent on legal compliance are typically not first priority. But a connection does exist, and a company that fails to spend small amounts, mostly for personnel to monitor legal compliance, may end up with large liabilities.
Skimping on Costs of Compliance Has Its Consequences
New York Law Journal
September 20, 2013