Baker Hughes Plans Deployment of LRN Legal Compliance and Education Center.Business Editors LOS ANGELES--(BUSINESS WIRE)--Oct. 22, 2001 LRN LRN Linux.ru.net (website) LRN Laboratory Response Network LRN Location Routing Number LRN Local Routing Number LRN Learning Resource iNterchange (Microsoft) LRN Lead Round Nose , The Legal Knowledge Company, announced that Baker Hughes Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger & Halliburton, its main competitors. Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion and production. Inc., plans to deploy the LRN(R) Legal Compliance and Education Center (LCEC LCEC Louisiana Chemical Equipment Company (La Porte, Texas) LCEC Lee County Electric Company (North Fort Myers, FL) LCEC Loews Cineplex Entertainment Corporation )(TM), a Web-based education solution to help in the continuous development of its ethical, worldwide corporate culture. "We selected LCEC after looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a Web-based program that would allow us to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale our efforts to enhance our education program in support of our strong common set of core values," said Luis Derrota, Deputy General Counsel-Chief Compliance Officer for Baker Hughes. "The ability to train workers uniformly across the world is important because it brings the consistency that is essential to culture building." LCEC is a Web-based education solution providing more than 100 course modules on legal, ethics and compliance issues. Long-time LCEC subscribers include Shell, Texaco and Conoco. They were recently joined by Baker Hughes along with CMS Energy Corp., Transocean Sedco Forex Forex See: Foreign exchange and Equiva Services. Through an interactive tutorial, online handbook and other educational tools, LCEC helps employees learn how to identify and avoid ethical and legal risks. And, when issues arise, the built-in tools for connecting employees with the appropriate legal counsel help head off issues before they become problems. "There's nothing more rewarding than helping a company shape its culture," said Dov Seidman, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of LRN. "And given the times we're going through that's especially important. It's a time to look to how we're leading our lives and set out a positive course. I'm glad we get to do that with Baker Hughes and so many of our other customers." Baker Hughes will have the capacity to reach out to a maximum of 20,000 employees worldwide through this initiative, according to Derrota. The initial focus will be on antitrust issues and topics related to doing business abroad. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. LRN(R), The Legal Knowledge Company(TM) creates and distributes vital, straightforward legal knowledge tools and services. Since 1994, LRN has been the country's leading purveyor (World-Wide Web) Purveyor - A World-Wide Web server for Windows NT and Windows 95 (when available). http://process.com/. E-mail: <info@process.com>. of expert legal knowledge, with products that include sophisticated legal research and analysis for lawyers, databases of legal memoranda, and other materials for corporate law departments and law firms. Developed for corporate employees, LRN Legal Compliance and Education Center (LCEC)(TM) is a Web-based platform for teaching employees about legal and ethical issues that affect their work -- how to recognize legal concerns, avoid risks, and when to seek assistance from in-house counsel. LRN has headquarters in Los Angeles. For more information, visit www.lrn.com. |
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