RISK MANAGEMENT & IN-HOUSE COUNSEL

2013 Date:

October 1-3

A basic knowledge of finance and accounting or previous participation in the Mini MBA for In-house Counsel is recommended for this course.

Increasingly, corporate survival is linked to the ability of corporations to adequately identify, manage and control risk. This three-day course is designed specifically for in-house counsel interested in gaining a greater understanding of risk management principles, measurement techniques and practical application. This program cuts across multiple industries and will cover the fundamental risk management building blocks, including risk awareness, measurement, reporting and adequate policies, procedures and controls. You will gain a greater understanding of risk management industry best practices and the key role you can play in mitigating and controlling risk within your organization

In this program, you will:

Become versed in corporate risk management and main risk drivers
Discover how to reduce the risks of your company's deals - before, during and after you close
Examine crisis management case studies to learn what good and bad management techniques look like
Review Federal Sentencing Guidelines and the severe penalties associated with the failure to comply
Learn how the development of internal policies, procedures and controls can minimize undesirable risk
Address the new regulatory and supervisory framework and useful ways to enhance compliance programs as well as the growing role of the Chief Risk Officer
Learn practical lessons from instructors including a nationally recognized risk management expert, a former state attorney general and a battle hardened corporate attorney

Listen to executive-in-residence, Mark Williams, explain why risk management is important to in-house counsel:

Sample Program:

	Day 1	Day 2	Day 3
AM	Risk Management Fundamentals: Building Blocks for Success	Transaction Litigation and Risk Management, Crisis Management, Fraud and Government Investigation Risk	Developing a Strong Risk Management Framework within your Company
AM	Risk Management Fundamentals: Building Blocks for Success (Continued)	Risk Management Lessons from Lehman Brothers	Assessing the Strategic Landscape: Trends in Risk Management Post September 15, 2008
PM	Identifying, Measuring, and Controlling Risk	Deal Case Studies – Identifying Deal Risks and Key Mitigation Techniques

Session Descriptions:

Title	Description
Risk Management Fundamentals: Building Blocks for Success	Address the fundamental risk management building blocks essential for corporate survival Understand how to define risk management and examine best industry practices Examine risk management theory and the quantitative tools behind risk management Discuss risk tolerance and corporate culture
Identifying, Measuring, and Controlling Risk	Understand major types of risk e.g., operational, market and credit risk Discuss corporate risk management structure including risk identification measurement and reporting, and main risk drivers Address the financial cost of not managing risks
Transaction Litigation & Risk Management, Crisis Management, Fraud and Government Investigation Risk	Identify litigation and risk hotspots in M&A transactions Discuss and annualize recent case examples Develop strong crisis management strategy including planning, preparedness, stress testing and continuous planning Highlight major Governmental investigation risk areas
Risk Management Lessons from Lehman Brothers	Uncover the primary risk drivers that caused Lehman's demise Identify the major lessons learned and not learned Learn how the development of internal policy and controls can minimize Lehman-type risk
Deal Case Studies – Risk Identification, Mitigation, and Problem Solving	Identify and contrast key risks associated with Marvel and Refco cases Discuss key mitigation techniques and explore lessons learned
Developing a Strong Risk Management Framework within Your Company	Examine the legal case for ethics in financial matters Understand changing ethical standards since the financial crisis of 2008 Address issues in professional ethics, state requirements and continuing education Discuss effective ways for lawyers to mitigate risk of unethical firm behavior
Assessing the Strategic Landscape: Trends in Risk Management Post September 15, 2008	Focus on developing risk management trends, changing laws and legal implications including new federal sentencing guidelines Examine the new financial world created post September 15, 2008 and its implications for firms Address the new regulatory and supervisory framework and useful policies and procedures as well as the role of the Chief Risk Officer Discuss the role of in-house counsel in overall risk management

Registration Information:

Program Date	Early Rate Deadline	Early Rate (ACC Members/Non Members*)	Regular Rate (ACC Members/Non Members*)	Registration
Oct 1-3	Jul 30	$1,940/$2,235	$2,040/$2,335	Register

*Must be in-house counsel to attend. Nonmember rate includes a one-year membership to ACC.
**In-Transition Rate: A special in-transition rate for Mini MBA is available to existing ACC members who are actively seeking an in-house position. In-transition counsel who are not current members of ACC are not eligible for this rate.

Program Faculty:

Visit the Registration page
All programs take place at the Executive Leadership Center, Boston University School of Management in Boston, MA.
For hotel and travel information, please visit the Lodging page.
Payment and Cancellation Policy