Annual Meeting 2006: In the event of a corporate failure, particularly one involving a failure of legal compliance, in-house lawyers may find themselves increasingly in the cross hairs. Expansive changes in attorney conduct regulation, fiduciary liabilities for gatekeeper failures, dawn file-raids, subpoenas for lawyers as witnesses, certifications without adequate sub-certifications, and even unsuccessful reporting-up-turned-retaliatory discharge all suggest that the potential for personal liability, fiduciary breaches, obstruction charges, and sanctions for in-house lawyers are on the rise. As general counsel, you owe it to yourself and your legal staff to understand trends, best practices, and helpful policies for safeguarding your law department and your lawyers’ exposure before a corporate failure, or even 20/20 hindsight, puts you in the cross hairs.