Association of Corporate Counsel Boston University School of Management
Business Education for In-house Counsel

RISK MANAGEMENT & IN-HOUSE COUNSEL

2012 Date:

  • October 16-18

*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
Sample Program:
  Day 1 Day 2 Day 3
AM Risk Management Fundamentals: Building Blocks for Success Litigation and Transaction Risk Management Risk Management Lessons from the Lehman Brothers Collapse
AM Risk Management Fundamentals: Building Blocks for Success
(Continued)
Crisis Management Techniques and Sentencing Guidelines Assessing the Strategic Landscape: Trends in Risk Management Post September 15, 2008
PM Identifying, Measuring, and Controlling Risk Developing a Strong Risk Management Framework within your Company  

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 eg operational and arbitrary
  • Discuss corporate risk management structure including risk identification measurement and reporting, and main risk drivers
  • Address the financial cost of not managing risks
Litigation and Transaction Risk Management
  • Discover how to reduce the risks of your company's deals - before, during and after you close
  • Learn to improve your results and reduce the overall costs of your liability claims and suits
Crisis Management Techniques and Sentencing Guidelines
  • Utilize crisis management case studies to emphasize good and bad management techniques
  • Develope strong strategy components including planning, preparedness, stress testing and continuous planning
  • Highlight Federal Sentencing Guidelines and the severe penalties associated with the failure to comply
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
Risk Management Lessons from Lehman
  • 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
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 Registration Deadline Early Registration Rate (ACC Members/Non Members*) Regular Registration Rate (ACC Members/Non Members*) Registration
Oct 16-18
Aug 14 $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