Date: 18th July 2020

Time: 10.30 AM to 01.30 PM


Digital Masterclass

on

Identification and Control of Legal Risks to Ensure Uninterrupted and Sustainable Business Continuity

COVID-19 has struck a hard blow on every sector, it is at this point organisations have realized that quick alternative strategies can be implemented for business continuity plans to work.

Even though businesses have been pushed into the new normal without a prior notice, effective risk management strategies need to be implemented to eliminate any possibility of a loss.

Identification and evaluation of legal risks is different from any other risk analysis. With legal risks covering all areas of any business, finding the source of legal risks and assessing it further is one of the most important factors that an organisation should work on.

In such a time of crisis without a firm approach liabilities will be unavoidable and will further lead to a legal loss; there is a need to effectively integrate legal governance, risk and compliance strategies to overcome business discrepancies.

How effective is the communication and interactions between your control functions, is there an overlap between them?

Are the legal consequences discussed using a holistic approach?

In addition to the long term goals, the changing government regulations will impact the organisations finances, withdrawal of license etc if additional measures and procedures are not implemented immediately.

Legal risk management is an important aspect of an organization's risk management strategy and will only be effective if risk identification is considered a priority, there is a constant overview and an awareness of how one area can potentially influence or overlap the others.

How effectively do you respond to the lack of certainty of the pandemic?

Is the response to the potential legal risk a business priority for you?

In the wake of the pandemic, do you have an appropriate ring fencing for your business contracts, are you able to apprehend defaults correctly?

Has a wrong strategy in litigation cost you a loss of claim?

How prepared are you to overcome any damage or brand image issues that you have recently come across?



Focus



Identification and evaluation of potential legal risk factors - understanding the impact and disruptions on operational procedures and business continuity plans
Mitigating legal risks - role of the top management to mandate and create awareness embedding to the companies DNA
Crisis management strategies; quick identification and response to emerging novel legal risks - developing a risk radar
Creating a unified view for legal governance, risk management and compliance; eliminating overlaps in communication
Managing litigation risks - Framework to be implemented to track novel and future potential litigation risk factors
Contractual disputes and obligations - The reliance on Force Majeure clause and its impact
Best practices to assess and analyse fraud control
Rectification of invalid clauses and drafting of new contracts
Dispute risks - developing an effective and rigorous contract management portfolio
Expanding organizational awareness: communications and interactions between control functions - understanding the gaps to create renewed risk tolerance policies
Preparing for the changes in regulation policies and obligations that may arise in the wake of the pandemic
Developing a revised legal risk management strategy- assessing the current compliance framework keeping in mind the new governance structure

Speakers

Anuranjan Prasad

Associate General Counsel

Baxter

Kalindee Mehta

General Counsel & Corporate Secretary

SAP India Subcontinent

Panduranga Acharya

Director - Legal

Swiggy

Sameer Karekatte

Chief Legal and Compliance Officer

Edelweiss General Insurance Company Limited

Srivals Kumar

General Counsel & Sr. Vice President - Legal

Raheja Universal Private Limited




Agenda



Topic 1: Identification and evaluation of potential risk factors in the current working environment: Assessing regulatory compliance's

  • Mitigating legal risks: Impact on business continuity plans and operational procedures Understanding the next normal - From Entrance to Exit
  • Regulatory compliance and risks framework: Understanding the current situation and eliminating violation at all levels
  • Crisis management strategies to implement: What should be the immediate response?
  • Role of the top management: Advising the business divisions on the legal risks involved
  • Ensuring smooth functioning of control functions without communication gaps

Topic 3: Cyber-security legal issues in the current working environment- Tacking cyber-security legal challenges with minimum disruptions

  • Best practices to assess and analyse fraud control: What is the exposure towards fraud risk?
  • Developing revised strategies and policies ensuring security and data protection in the wake of the pandemic
  • Elimination of asset misappropriation
  • Planning a strategy for IPR protection and disputes for an orderly development
  • Security measures to implement beforehand to eliminate data breach - Providing legal inputs to the security plan and a constantly developing cyber security programme

Topic 4: Contractual disputes and obligations

  • Rectification of invalid clauses and drafting of new contracts
  • Developing an effective and rigorous contract management portfolio
  • Relaxations within contracts: Having an appropriate ring fencing for business contracts
  • Failure to meet terms of contracts: Force Majeure and its implications

Who Should Attend


CEO
Chief Operating Officer
Vice President
Directors
Chief Risk Officers
Legal Heads
Corporate Counsel
General Counsel
Chief Compliance Officers

Key Learnings



Strategies to mitigate novel & evolving legal risk that have emerged in the wake of the pandemic
Why is there a need to create a unified view for legal governance, risk management and compliance
Contractual disputes and obligations that have emerged recently – What are the methods to resolve them
Best practices to assess and analyze fraud control
Rectification of invalid clauses and drafting of new contracts
Strategies to adopt to manage and reduce reputation risks, brand damage and liabilities
Developing a revised legal risk management strategy adhering to the current compliance framework
Eliminate asset misappropriation
Improve communications and interactions between control functions
Dedicated Q&A session where Though Leaders answer all your queries


Pricing Details



1 Delegate

1000 + GST - Rs 1180/-

3 Delegate

2250 + GST - Rs 2655/-