The Intersection Among Torts, Science, Corporate Law, Insurance & Bankruptcy
Feb 15, 2012
1 min read
Direct Financial Costs of a Reputation Crisis – Penn State’s $ 3.2 Million of Fees as of
Reputation risk problems are expensive even for not-for-profits. Consider, for example, this AmLaw article on Penn State’s experience. The university had spent almost $3.2 million on lawyers and other advisors as of year-end 2011. No doubt many more expenses will follow.