The Investigations Playbook: Considerations for Boards

Though used only in select circumstances, investigations can be an important first step in addressing serious, credible allegations of corporate wrongdoing or executive misconduct. When necessary, an internal or independent investigation can be used to manage a potential crisis, take strategic action, and mitigate potential legal and reputational risk. While the approach should always be tailored to the specific incident or allegation, investigations generally follow a similar playbook or set of steps. Understanding the spectrum of investigatory options and the board’s role throughout the process is essential to good corporate governance if and when a crisis strikes...

John Carlin is a partner in the litigation department and cochair of the Investigations Practice at Paul, Weiss, Rifkind, Wharton & Garrison. 

Harris Fischman is a partner in the litigation department and cochair of the Investigations Practice at Paul, Weiss, Rifkind, Wharton & Garrison. 

Jeannie Rhee is a partner in the litigation department and cochair of the Investigations Practice at Paul, Weiss, Rifkind, Wharton & Garrison.