Role of compliance versus legal What are the key differences between legal and compliance professionals? There are clearly areas of potential overlap between the work of a legal and compliance professional however the two disciplines have different objectives and employ different methods. By maintaining separate legal and compliance functions, organisations can achieve a balance between managing legal risk and fostering a culture of ethical behaviour. Indeed, in a related, forthcoming article, I identify the ideal core skills and training every compliance officer should have and explore a typology of different roles that CCOs play to effectuate compliance in large publicly Oct 25, 2023 · While both roles are essential to ensuring legal compliance within an organization, they serve different functions and have distinct responsibilities. Understanding the basics of compliance and legal is crucial to recognizing their differences. Compliance and legal are often used interchangeably in conversations about organizational risk management and processes, leading to confusion over their distinct roles. The general counsel is primarily focused on providing legal advice and guidance to the company, managing legal risks, and overseeing legal operations. Of course, the answer to this question might change depending on the skills and training of the specific person who fills the role of CCO and how he or she plays it. Oct 15, 2023 · In today’s complex and highly regulated business environment, legal and compliance functions play vital roles within an organization. Ultimately, both roles foster a healthy, law-abiding, and efficient workplace. Feb 21, 2022 · What is the Role of Compliance and Legal? While there is overlap and alignment, the responsibilities and the expertise expected from the roles of CCOs and GCs are, in fact, different.