Management of Legal Risk and Services

Course overview Business prosperity and growth can be adversely affected by poor management of legal risk. Record fines and reputational damage stories appear in the media all too regularly. A great deal of nervous energy can be wasted in internal skirmishing between business people and lawyers. Some business people still feel that the best way to use lawyers is to deprive them of time and information, to stop them ‘suffocating’ business. Most legal departments are under pressure to deliver more with less resource. This can only be achieved with a shift in the way in which legal services are mobilized and effort to ensure that the legal team had the right focus, motivation and capabilities. Legal departments sometimes perform in spite of uninspiring leadership. Good leadership of the legal team is essential to make sure that legal services are aligned to business priorities and provide credible input to the business. Key benefits of attending Better appreciate that management of legal risk needs to be integrated in the overall governance of risk: reward Achieve greater business agility by developing a collaborative approach to managing legal risk Understand the options for the provision of legal services and make the right selection Develop a business minded legal team and legally aware business people Ensure delivery of quality and valued legal services which are cost effective Methodology The course is interactive and delegates will be encouraged to contribute and evaluate ideas. In addition the case studies and templates will provide a head start when returning to the ‘day job’ for initiatives stimulated by attending the course. Who should attend this training course? General counsel and heads of legal teams Senior in-house lawyers aspiring to manage legal teams Anyone responsible for managing legal services in an organization Risk managers and compliance officers Private practitioners contemplating a move to a senior in-house role Attend all three courses below and save US$2,280. Contact updates@euromoneyasia.com for more information. Essential Skills to Succeed as In-house Counsel, 10 November 2014, Singapore Management of Legal Risk & Services, 12-13 November 2014, Singapore Project Management for In-house Lawyers, 14 November 2014, Singapore
Day 1 Management and ‘ownership’ of legal risk Agreeing who is primarily responsible Identifying and prioritising Adopting and reinforcing reliable business processes Regulatory compliance – options to consider The need for legal services Stepping back and looking ahead Aligning with business priorities Choosing providers – external or in-house Effort allocation and budgets Case study - Developing your business plan for the legal team Boosting business resilience and agility Getting business engagement Raising legal awareness Exploring self help Encouraging coherent use of legal resources Developing business minded lawyers Attitude – goals not just tasks Credibility Training – structured and ‘on the job’ Financial awareness Day 2 Orchestrating external advisers Selecting and appointing Building the relationship and interface with the business Managing costs Good client and good adviser attributes Maximising performance of the in-house team Motivation and accountability Skills development and coaching Information management Support staff Case study: Performance management Ensuring reliability, quality and value Responsiveness Consistency Contribution Measurement Leadership challenges Reporting structures Accountability without authority Demands on your time Networking and benchmarking