Employer v employee… and the rest of the world via the media
Business & entrepreneurs
Comment | 9 November 2010
The recent trend in the media for reporting on greed and corporate failure has led to a hive of activity in media circles for unearthing the next business scandal. With the rise in social media and the growing number of instances in which the media are courting ‘insiders’ with a story to sell or an axe to grind, effective risk management is more important than ever. The in-house lawyer should be particularly aware of the need for reputational management when dealing with disgruntled employees. Smear campaigns and negative media coverage initiated by these individuals can do untold damage to a company’s reputation, business relationships and its financial value. There follows some of the most common areas of risk.
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