Mitigating Risk and Reducing Costs: What GCs and Claims Executives Need to Know
Join this webcast to hear from GCs, legal and claims leaders as they share their experiences and advice navigating these new pressures and how the nature of their roles has changed.
June 16, 2023 at 12:22 PM
4 minute read
[ON-DEMAND ONLY]
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GCs are increasingly called upon to manage risk for their organization. A recent Law.com article finds 40% of in-house counsel oversee corporate risk as a primary component of their job.¹
At the same time, the role of the GC is changing. Mitigating risk and helping the organization reduce costs and ensuring good fiscal responsibility are essential parts of the job now. Other business units, such as claims, are feeling the same pressure with executives looking to reduce spending, especially around litigation.
What lessons can GCs and claims executives learn from these changes? How can the entire organization better use data and analytics to mitigate risk, reduce costs and have a greater understanding of the legal issues facing their organization?
Join this webcast to hear from leading GCs, legal and claims thought leaders as they share their experiences and advice on navigating these new pressures and how the nature of their roles has changed. You will learn:
- What steps legal and claims leaders can take to understand and mitigate risks as well as to better control costs within their business units.
- How new technologies can harness data and allow GCs to gain better insights into litigation costs.
- New methods and ways to run legal and claims departments to ensure bottom-line goals are met.
Speakers:
Mark Smolik | General Counsel, Board Member | DHL Supply Chain
Mark Smolik serves as the General Counsel for DHL Supply Chain in the Americas where he leads the company's legal, commercial contracts management and regulatory teams and provides strategic legal counsel across the organization. Mark is also a member of the company's Executive Team and Board of Directors. He serves as Global Chair of the company's Supply Chain Legal Services Practice Group with responsibility for helping drive best practices among the organization. Mark earned his bachelor's degree from John Carroll University and his juris doctorate from Cleveland Marshall College of Law, where he was inducted into the Hall of Fame in 2017. He is a frequent speaker and the author of numerous articles and publications on the changing dynamics of the legal industry.
Lisa J. Konie | Co-Founder & Original Board Member | Corporate Legal Operations Consortium
Lisa is a co-founder and original board member of the Corporate Legal Operations Consortium ("CLOC") as well as the former Head of Legal Operations at Adobe, where she built the legal operations team from inception. As a lawyer and operations professional, she has been advancing the business and practice of law for over twenty years and is currently CLOC's interim Executive Director.
Jenny Snyder | Claims Litigation Manager | Ohio Mutual Insurance Group
Jenny Snyder, CPCU, ARM, AIC, AU, AINS, API, is the Claims Litigation Manager at Ohio Mutual Insurance Group where she oversees the Litigation and General Liability Property Damage team. Jenny graduated from Ohio Wesleyan University in 2004 with a degree in Genetics and a degree in Psychology. She later graduated from Bellevue University with a Master's in Business in 2010. Jenny began her career in multi-line claims at various Ohio carriers where she held positions in Claims and Claims Leadership. She has been at Ohio Mutual since 2019. Jenny lives in Ohio with her husband, Josh, and two children, Caden and Norah. In her free time, Jenny enjoys traveling and spending time with her family and dog, Copper.
Ed McCracken | Insurtech Alliance Manager | DXC Technology
Ed McCracken, JD, CPA, is the Insurtech Alliance Manager at DXC Technology. Ed is responsible for identifying, onboarding and managing relationships with ecosystem technology partners, for the DXC Insurance Software and BPS platforms. Ed has also been actively involved in the design and build, of the DXC's new Assure Legal Insights offering. Prior to joining DXC, he served in various executive management roles in the eDiscovery legal space, as well as finance and operations. Ed earned his bachelor's degree from Washington and Jefferson College, and his juris doctor from Duquesne University School of Law. Ed and his wife, Lisa reside in Austin, TX.
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¹https://www.law.com/corpcounsel/2023/04/03/trying-to-control-legal-spend-beware-budgeting-buckets/
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