Wednesday, October 26, 2011

Report from Yesterday's San Francisco Risk Roundtable Session Hosted at Orrick

Yesterday we held, a Risk Roundtable session in San Francisco. Many thanks to Orrick for hosting. Brian Lynch delivered a presentation updating attendees on current risk issues and trends, and moderated group discussion. He sent his customary summary of the wide ranging group discussion:
  • Dan – We returned to San Francisco with our Risk Roundtable series. Today at Orrick we discussed legal trends in the US, UK, and Canada, spending a good portion of our time on disruptive technologies, more extensive client requirements, and defensible solutions for reducing the risk of insider trading.
  • Mike Guernon of Orrick shared with the group their approach for using technology to simplify the risk management process. In many ways, the volume and complexity of information barriers was becoming very difficult to manage, and technology played a key part in freeing up the risk group to focus on other pressing issues.
  • One of our attendees spoke about the dangers of disruptive technologies, how it's affecting the way lawyers work, and the security concerns they raise. With the recent breach at Dropbox, all firms should definitely take a look at where their lawyers are storing client work product outside of the four walls of their firms.
  • It was a productive forum for risk professionals to ask their peers how they approach different issues, like balancing knowledge sharing and security or ensuring compliance with outside counsel guidelines. A good session with lots of food for thought.
We'll be announcing several regional additional Risk Roundtables Shortly...

No comments:

Post a Comment