Monday, October 10, 2011

Webinar: Responding to Outside Counsel Guidelines (CLE Eligible)

Following last month's webinar on managing risk tied to lateral hiring and law firm mergers, we're pleased to announced an October webinar on managing risk and response to outside counsel guidelines:

Date: Tuesday, October 18
Time: 9 am Pacific / 12 pm Eastern / 5 pm BST

Description: In the past five years, outside counsel guidelines ("OCGs") have become more commonplace and more stringent. The legal services world has shifted, as corporations (and their law departments) are being held to stricter budget accountability and risk management standards. Law departments have, in turn, held their external counsel to these same higher standards. In many ways, clients have become the true regulators.

When outside counsel guidelines are not appropriately reviewed or are not well-communicated to affected groups, firms open themselves to significant risk and exposure. Facing a variety of guidelines, a constant flux of new client intake activity and diverse (and sometimes decentralized) procedures, prudent firms can work to limit their risk by taking steps including:

In this session, panelists from : Holland & Knight, Orrick, Herrington & Sutcliffe, and McKenna Long & Aldridge will explore topics including:
  • Establishing a firm committee or designee to review all OCGs before they are accepted
  • Keeping OCGs in an accessible repository, available to risk and account department personnel for review
  • Familiarizing risk management staff with any exceptional conditions laid out in these agreements, especially non-standard conflict protections or client information that should be treated as especially sensitive or confidential
  • Similarly familiarizing the accounting department with exception and non-standard conditions tied to rates, billing structures, or mandated technologies for invoice submission
IntApp's Brian Lynch will moderate this discussion featuring representatives from the Risk Roundtable Compliance Consortium, a working group focused on developing risk response guidelines:


CLE Credit: Certificates will be provided to attendees upon request. (Attendees outside of California are responsible for confirming CLE reciprocity in their particular jurisdiction.)

Attendance: Attendance is by invitation only. Risk Roundtable members and qualified parties are invited to request more information by emailing: dan@riskroundtable.com.

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