History
Initial interest in LGRC was driven by corporate legal departments, particularly after the financial crisis of 2007-2008 and the resulting likely regulatory climate. Like the Sarbanes-Oxley act, legal industry thought leaders saw a need for a new framework for legal GRC, and borrowed heavily from IT, RIM and other industries to try to come up with new, clear processes and rules to make navigating the choppy waters of the post-financial crisis legal world go as smoothly as possible.
Read more about this topic: Legal Governance, Risk Management, And Compliance
Famous quotes containing the word history:
“False history gets made all day, any day,
the truth of the new is never on the news
False history gets written every day
...
the lesbian archaeologist watches herself
sifting her own life out from the shards she’s piecing,
asking the clay all questions but her own.”
—Adrienne Rich (b. 1929)
“They are a sort of post-house,where the Fates
Change horses, making history change its tune,
Then spur away o’er empires and o’er states,
Leaving at last not much besides chronology,
Excepting the post-obits of theology.”
—George Gordon Noel Byron (1788–1824)
“History takes time.... History makes memory.”
—Gertrude Stein (1874–1946)