Legal and Compliance – Two Sides of the Same Coin
Legal and Compliance functions can at first glance seem to be closely intertwined for an outside observer. Indeed, both broadly deal with regulations and the impact of breaking them. However, the similarity falls short of the specific roles of legal and compliance and their related tasks. In fact, these roles work best when entrusted to separate experts. While combining these roles might seem appealing, especially for early-stage startups, there are conceptual differences to consider beforehand.