21. How Do You Anticipate Risk and Future Proof Against It?
Future Proofing exercises should form a specific step in the project template. Not just once, not sporadically, but regularly as a calendar entry. Have your team take a planned moment to stop and look around. Look back at progress, look sideways at lateral issues, and most of all, look forward at risk.
September 30, 2022 at 12:15 PM
2 minute read
The original version of this story was published on Lean Adviser
This is our last lesson in the mini-series on Future Proofing. So far, we have looked at Future Proofing law firm fundamentals, then talent and finally client relationships. We can close this out by asking the most actionable question of all: When executing an assignment for a client, how do you anticipate what will happen next and then Future Proof against it?
In any assignment, there is nothing more valuable to the client than having outside counsel who can see round corners, anticipate potential scenarios and protect against them. This is one of the most important techniques never talked about by law schools.
Lean Adviser gives due prominence to this key issue and treats it as one of the three critical components of the Execution Phase. In the Lean Adviser structure, execution starts by identifying just what matters, moves on to applying lean project handling techniques to these key ingredients and then looks to the future. Why? Because just in case.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFormer Federal Judge Christopher Conner Joins Saxton & Stump as Attorney and Shareholder
2 minute readFellows LaBriola LLP is Pleased to Announce that Alisha Goel Has Become Associated with The Firm
1 minute read'Where Were the Lawyers?' Judge Blocks Trump's Birthright Citizenship Order
3 minute readTrending Stories
- 1Data Disposition—Conquering the Seemingly Unscalable Mountain
- 2Who Are the Judges Assigned to Challenges to Trump’s Birthright Citizenship Order?
- 3Litigators of the Week: A Directed Verdict Win for Cisco in a West Texas Patent Case
- 4Litigator of the Week Runners-Up and Shout-Outs
- 5Womble Bond Becomes First Firm in UK to Roll Out AI Tool Firmwide
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250