Our Purpose: Helping people around the world do the right thing.

Inspiring people to do the right thing is the essence of principled performance. It is about inspired rather than required behavior—living principles beyond following rules. It is about doing the next right thing and not just the next thing right. Ultimately, principled performance leads to healthier, profitable organizations.

What we do

We believe behavior is the greatest source of competitive advantage.

Our ethics and compliance business helps partners navigate an increasingly complex ethical and regulatory environment.

Our governance, culture and leadership practice can fundamentally transform an organization’s culture and operational capabilities to build long-term economic value through elevated leadership.

Around the globe, our people and solutions are fueled by the idea that HOW individuals and organizations do business is a strategic differentiator in a hyper-transparent and interdependent world.

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Our Story

We are not a business with a mission. We are a mission with a business.

Years before Enron’s acts of fraud and the recent financial crisis, LRN was founded on the belief that society is better off when legal & ethical knowledge is accessible to all.  We are proud to have been helping corporations act responsibly long before “Corporate Social Responsibility” became fashionable

Use the left and right arrows to read more about our growth and milestones

1986 – Due to eroded public confidence, leading defense contractors form the Defense Industry Initiative on Business Ethics and Conduct (DII). DII Principles become the basis for early corporate compliance programs

1991 – The first governmental expectations of “effective programs to prevent and detect criminal conduct.” In addition to unprecedentedly huge fines for offences, the FSGO created an incentive for companies: those with an established, effective compliance program at the time of the offense could be treated much more leniently

1994 – LRN, the Legal Research Network, opens for business in Los Angeles to provide shared-cost legal expertise for corporate legal departments

1995 – Trader Nick Leeson causes Barings Bank’s collapse after incurring $1.3 billion in losses

1997 – Delaware Chancery Court rules in Caremark case that corporate directors have compliance-program-related fiduciary duties to monitor compliance with the law

1997 – A group of leading partners team up with LRN to create a charter group bringing together the latest thinking in legal research

1999 – LRN launches the Legal Compliance and Ethics Center (LCEC) to deliver learning through an online library and custom courses

 

 

2001 – Enron becomes largest bankruptcy in U.S. history at that time, leading to criminal investigation and conviction of senior executives for accounting fraud. Arthur Andersen convicted of obstruction of justice for destruction of evidence related to Enron, becoming first accounting firm ever to be convicted of a felony. The firm goes out of business

2001 – The Securities and Exchange Commission (SEC) adopts policy that provides (among other things) for giving credit in enforcement decisions to issuers with compliance programs

2002 – Sarbanes-Oxley Act passed

2002 – WorldCom surpasses Enron to become biggest bankruptcy in U.S. history, after disclosing that it had improperly accounted for $3.8 billion of expenses

2003 – NYSE and NASDAQ listed companies required to adopt codes of ethics and conduct

2004 – FSGO introduces requirement of promoting a culture of compliance

2004 – LRN develops 100th ethics & compliance training course

2004 – LRN founder testifies before the U.S. Sentencing Commission on the importance of culture and values-based ethics programs

2005 – 100th partner joins LRN

2007 – LRN opens London office

2007 – HOW: Why How We Do Anything Means Everything…In Business (And In Life) by LRN founder Dov Seidman is published

2007 – LRN reaches 20 million course completions

2008 – Siemens pays fines totaling $1.6 billion, then the largest amount ever paid by a corporation, for systemic FCPA violations

2008 – LRN launches Ethics & Compliance Alliance

2008 – LRN enters into partnership with the Elie Weisel Foundation for Humanity, sponsoring annual prizes in ethics

2009 – LRN opens Mumbai office

2009 – HOW translated in 32 languages

2010 – LRN joins United Nations Global Compact

2010 – UK’s Bribery Act 2010 passed

2010 – Dodd-Frank Wall Street Reform and Consumer Protection Act passed

2011– LRN moves into LEED-certified New York City headquarters

2012 – LRN releases the HOW Report, a global, empirical research report with 2 million data points, analyzing how governance, culture and leadership impact the performance of organizations

2012 – U.S. Department of Justice and the SEC issue unprecedented joint guidance on the Foreign Corrupt Practices Act

2013 – The SEC’s Office of the Whistleblower awards its first bounty, and receives approximately 6,000 tips

2013 – LRN’S 6th annual Ethics & Compliance Leadership Survey Report released

2014 – LRN ranks first in CEB’S training activities and training effectiveness survey

2014 – New ethics & compliance courses win multiple training effectiveness awards

2014 – The Freedom Report released at the World Economic Forum

2015 – FIFA embroiled in scandal as senior officials are indicted for bribery

2015 – Volkswagen CEO resigns in wake of revelations that the company falsified emissions data on thousands of vehicles

2015 – LRN releases industry’s first mobile Code of Conduct app

2015 – Dov Seidman delivers keynote address to United Nations Global Compact gathering

2015 – LRN reaches 100 million course completion

2016 – PwC and LRN forge strategic relationship to help organizations operate with purpose and values at their core

LRN’s Partnership Principles

Since 1994, LRN has worked with hundreds of companies, both mature and emerging, that employ millions of people around the world. Two central tenets guide our working relationships with clients: Partnership and Community.

We have a set of principles that animate how we do business and how we relate to our Partners. It comes from a commitment to deep relationships and meaningful connections with our Partners and Community. It impacts and expands the value our Partners can expect from LRN.

Partnership Principles