Policing Financial Crime: Challenges in White-Collar Defense Lawyer Strategies

Abstract

White-collar crime lawyer defense strategies represent challenges in policing financial crime. The white-collar crime attorney is a lawyer who is competent in general legal principles and in the substantive and procedural aspects of the law related to upper-class financial crime. The lawyer applies three defense strategies: substance defense strategy, information control strategy, and symbolic defense strategy. To meet this challenge, the police have to apply four policing strategies: information management strategy, knowledge management strategy, information systems strategy, and value shop configuration strategy. Based on a sample of 310 convicted white-collar criminals and their defense lawyers, this paper presents results from statistical analysis of relationships between crime characteristics and defense characteristics.