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As technology advances, regulatory environments change, and new risks emerge, law firms and their leaders need a forward-thinking approach to managing risks, one that goes beyond traditional professional indemnity insurance.

Supported by findings from a recent report by The Lawyer in association with Howden, this roundtable discussion will equip attendees with insights and strategies to embrace the future of risk management beyond traditional insurance coverage.

Discussion points include:

  • Identifying and evaluating risks across various dimensions, including the operational, tactical, and strategic aspects of risk.
  • How are firms leveraging innovative solutions such as artificial intelligence, data analytics, and big data to proactively manage risks?
  • The need for proactive compliance strategies and how that looks like in practice.
  • The significance of reputation management as an integral part of risk management.

 

 Watch On-Demand

Presenters:

Matt Byrne (moderator), Director of Insight, The Lawyer
Matt is The Lawyer’s director of insight. He joined The Lawyer in 2003 as features editor and became deputy editor in 2014. He has written on a wide range of topics related to the business of law and management of legal services organisations. In particular, Matt leads the editorial teams for major market reports such as the UK 200, the US Top 50 and the Global Litigation 50.
Colin
Colin Taylor, Director, Professional Indemnity, Howden Insurance
Colin Taylor, divisional director at Howden, has over 30 years’ experience of providing insurance and risk services for firms within the UK 200. Recipient of the Risk Champion of the Year award at the CIR Risk awards 2022/3, his unique approach to risk management training has made a monumental difference to the behaviors of thousands of people in the legal sector.
Martin Ellis
Martin Ellis, Managing Director, Professional Indemnity, Howden Insurance.
Martin Ellis, managing director of Professional Indemnity Insurance at Howden, has specialised in law firm risk and insurance for over 30 years. He is widely acknowledged as one of the UK’s most experienced and accomplished PII practitioners.

Nicola Gillespie, Director, Contentious Risk and Insurances, Linklaters
Nicola is Director of Risk and Insurances at Linklaters LLP. She joined the firm 25 years ago and set up the Legal & Risk Team there; it was one of the first law firm risk teams to be established. Over the years she has had responsibility for managing the full range of inhouse legal, risk and regulatory issues at the firm and was elected to the partnership in 2009.
Sam Oliver, Head of Professional Indemnity and Insurances, Penningtons Manches Cooper