What role do in-house and outside counsel play in identifying and mitigating a company's litigation risks early on?
In our recent virtual session, Helping In-House Counsel Confront Litigation Risks at Very Early Stages, we discussed this.
Our panel was a diverse group of in-house and outside counsel: Tracie Bryant, partner at Kirkland & Ellis LLP; Katherine Halliday, Associate General Counsel for General Litigation at Freddie Mac; Hannah Breshin-Otero, Vice President and Deputy General Counsel for CACI International, Inc., and
our moderator, Serafina Concannon, Of Counsel, Caplin & Drysdale.
Here are a few takeaways from the group:
* Be sure to use your outside counsel to help understand if your litigation risk is a "stone" or a "grenade";
* A system for tracking and monitoring complaints and keeping apprised of what is happening with your counterparties in the market can be helpful;
* If your company is committed to a diverse, inclusive, and representative team, ensure the outside counsel teams you consider include women and people of color as well;
* Communication with clients and responsiveness is key for outside counsel to ensure a positive relationship;
* It's important to develop a cohesive narrative and strategy early on because you only get one set of facts, and if you change them, you lose credibility with the judge.
#promotingwomenlawyers #inhouse #litigation #professionaldevelopment
Mediator and Arbitrator at ADR Services, and Professor in the Center for Negotiation & Dispute Resolution at UC Law.
3moBRAVO!!! I have had the pleasure of being the mediator for Superlawyers Noel Edlin , Erin Poppler and Brendan H. Browne, Esq. They are superstars as well as Superlawyers. ⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️