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Practice Areas: White Collar Crime & Fraud

 

Attitudes toward white collar crime fluctuate in accordance with the business cycle. With the collapse and scandal of Enron and the dot com crash, mistrust of big companies, corporate executives and professionals is now at a high point. The media has had a hand in influencing this cycle by focusing public attention on a few key stories. This publicity causes unique situations to seem more common than they may be. For example, the Enron scandal has been a top headline for weeks. The corrupt practices of this company are arousing suspicion of all big businesses because the repetitive nature of headline news makes their practices seem common.

The Enron scandal has also shocked the American public into recognizing that this kind of white collar crime can have a significant negative impact on ordinary people as never before. When most Americans had pensions, the bad conduct of business executives made for interesting reading but didn’t seem to be all that important. Now, with most dependent on 401(k) stock plans for retirement, bad behavior by executives can wipe out people’s retirement in a day. Even jurors who normally believe in “buyer beware” have been shocked into realizing that due diligence is hard to do when executives lie and conceal information.

The heavy media focus on Enron is already having business impacts, as other companies are having their accounting reports questioned as jurors’ general trust in the system is undermined. It also surely will have an impact on juror perceptions of parties accused of embezzlement, fraud, and accounting malpractice.

However, there are no timeless perceptual "norms" regarding white collar crime. Attitudes fluctuate as events change and different cultural perspectives come into play. In the go-go 1980s and during the dot-com boom, where the perception was that everyone had a chance to get rich, people were more tolerant of "creative" business practices, inflated rhetoric about business possibilities and investment returns, and questionable business behavior.

It is therefore important to have current jury research to understand how a jury in your venue will perceive your case and to develop critical questions for jury selection. Mock trials, community surveys and focus groups are all good ways to get feedback and find out jurors' current attitudes toward key issues in your case.

 

DISCLAIMER: None of the information on this page or anywhere else on the Trial Behavior Consulting Web site is intended as legal advice. If you need legal advice, you should consult an attorney licensed to practice law in your state.
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