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CALLING ALL IN HOUSE LAWYERS – MITIGATING RISK ROUND TABLE

 

The Law Society’s In-house Division is hosting a Mitigating Risk Roundtable on 25 July (15.45-18.00) at DAC Beachcroft, 3 Hardman St, Manchester M3 3HF.  All in house lawyers are invited to join.

The following topics will be covered (and see the full agenda below for more details):

• The definition of risk and how the GC/senior legal counsel fits into an organisation’s risk matrix
• Making the transition from legal risk manager to strategic risk partner
• Risk reporting and legal risk mapping.

We expect up to 20 senior lawyers to attend on the day.  The outputs for this session will be to discuss key themes facing senior in-house lawyers and to identify areas to cover for a follow up practical seminar to the wider in-house community on 19 September in Manchester.

Please let us know if you are able to attend by Monday 16 July by emailing Priya.Krishnan@LawSociety.org.uk

Agenda

1.   Refreshments/networking (15.45)

2.   Welcome; and round the table introductions (16:15)


3.   Roundtable discussion on mitigating risk for in-house (16:25):

a.       Definition of risk

• What risks fall within the remit of the role of the in-house GC?  (The importance of understanding different types of risk & how the in-house GC fits into the risk matrix of their organisation)

b.       Positioning yourself as a strategic risk partner

• Practical solutions and tools to help in-house lawyers make the transition from legal risk manager to strategic risk partner. How would you define a strategic risk partner?
• How do you position yourself as a proactive influencer on risk in your organisation?
• How do you influence and negotiate effectively with both with legal and non legal colleagues?

c.       Risk reporting, legal risk mapping

• Provide best practice guidance in reporting on risk
• As a strategic risk manager, how do you gauge appetite for risk and unify an approach to risk management within your organisation?
• Legal risk mapping (What is it? Why do it? What is a legal risk? How it’s done?  What does it reveal? Importance of Action Plans)
• How do you factor in regulatory requirements and updates?
• International aspect – working across jurisdictions

4.   AOB and networking (17:45)

5.   Close and external networking drinks (18.00)

 

 

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