Managers are not acrobats. But the series of balancing acts internal investigations require are unique even among company management—and the lawyers who serve them.

True, the search for the truth is obviously the immediate goal of any internal investigation, regardless of whether the investigation concerns bribery, fraud, breach of fiduciary duties, cybercrime, trade secret theft, fraud, sexual harassment, or some other business-sensitive issue. But that observation constitutes little more than spotting the pig in the python.

In the complicated real world occupied by today’s companies and organizations, the search for the truth finds itself in constant tension with other important considerations. And those responsible for budgeting for and running investigations feel this push and pull from the day the investigation is launched.

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