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Effectively Managing Legal Risk & Preserving Reputation: 2-Day Conference (London, United Kingdom - June 6-7, 2019) - ResearchAndMarkets.com
[February 12, 2019]

Effectively Managing Legal Risk & Preserving Reputation: 2-Day Conference (London, United Kingdom - June 6-7, 2019) - ResearchAndMarkets.com


The "Effectively Managing Legal Risk and Preserving Reputation" conference has been added to ResearchAndMarkets.com's offering.

Legal risk is just part of the jigsaw of risk and reward which business people have to manage. Once an organisation establishes a legal department there can be a tendency for business people to abdicate and the in-house lawyer confiscate the management of legal risk. Poor management of legal risk can impair the prosperity and growth of a business by an accumulation of ineptitude or the drama of a showstopper.

It is undeniable that an organisation will be more agile in today's demanding environment if it is:

  • Equipped with a good understanding of the legal implications of actions (or inactions) and the commitments entered into
  • Involving lawyers in the right things at the right time

In today's tough economic conditions in-house legal departments are under pressure:

  • To reduce or freeze headcount in line with cost reduction programmes
  • To reduce legal spend or keep it under even tighter control
  • To be more attentive to the risks of business failure and unreliable commitments

Unique Feature

A key feature of this seminar is the practical workshop session which is designed to explore more effective ways in which legal awareness can be raised and legal risk better managed.

Workshop

A key feature of this seminar is the practical workshop on managing the multiple strands of risk - regulatory, contractual and third party - involved in three testing scenarios.

Who Should Attend

  • In-house lawyers
  • Legal affairs directors and managers
  • Senior corporate counsel and advisers
  • Risk and compliance officers
  • Commercial and contracts managers and directors
  • Business development executives
  • Business executiveswho need a greater understanding of legal risk



Agenda

Day One


Introduction - what is risk?

  • Identifying risks
  • Is all risk bad?

Top risks for today's businesses - what to focus on

  • Corporate failure
  • Product or service failure
  • Health and safety issues
  • Regulatory investigation
  • The black swan theory
  • Ultimately - what are the three things that could have the highest impact on your business?

Collaborative legal risk management

  • Business engagement at a senior level
  • Use of legal resources
  • Prioritisation
  • Review - an internal audit
  • Engagement at an individual level

How to ensure effective compliance within your business

  • First, second and third lines of defence
  • The impact of business culture
  • The chief risk officer and effective risk team
  • The role of the lawyer
  • How do you compare?

How to deal with major risks

  • Scenario 1: cyber attack - data breach or loss
  • Scenario 2: serious accident involving an employee
  • Scenario 3: you're broke!

Identifying risks - management and mitigation

  • Designing an effective risk programme
  • Risk registers - how to make them practical and effective
  • Looking at the positive too

Implementing an effective compliance programme

  • Design - who leads and who should be involved?
  • Introduction to the compliance programme
  • Sustaining the programme - management buy-in
  • Investigation

Day Two

Raising legal awareness across your business

  • Upsides and downsides
  • Elements of a programme
  • Boosting credibility

Advising the board on risk management

  • The role of the board
  • The role of the audit and/or risk committee
  • Preparing for the questions they might ask
  • How you should respond
  • Dealing with political and economic uncertainty - Providing assurance

Managing dispute resolution (including practical exercise)

  • Being prepared - choice of forum and choice of law
  • Practical exercise: evaluating alternatives
  • Embarking on litigation - fact investigation
  • Costs and funding
  • Trends and conclusions

Managing legal costs as part of managing legal risks

  • Scoping options - identify the end goal and agree the approach
  • Billing options pros and cons: traditional, alternative, hybrid
  • Triangular visibility and communication
  • Tracking and review - tools and techniques

Designing legal awareness sessions for sales and procurement teams

  • The aim of this workshop is to provide guidance, models and confidence to raise the awareness of risk and how to manage various scenarios within your business

Preparing for media attention

  • Media monitoring
  • Blocking publication hurdles and setting the record straight
  • Online remedies
  • Political dimension
  • Crisis management
  • Media training and response rehearsal

Self-help and contract automation

  • Pre-requisites
  • Useful resources

For more information about this conference visit https://www.researchandmarkets.com/research/kb3d8n/effectively?w=4


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