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From Risk Assessment to Action: Understanding Your Risk Tolerance and Adapting to Shifting Business Priorities


Level: Intermediate
Runtime: 57 minutes
Recorded Date: October 02, 2023
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Agenda

  • Background
  • Qualities of a Strong Culture of Risk Moderation
  • Risk Tolerance
  • Merging Ethics & Compliance with Risk Management
  • Managing Litigation and Insurance
  • How can in-house counsel effectively advance businesses forward and drive change while also assessing and managing risk?
  • Challenges GCs face
  • Strategy for risk assessment

Runtime: 57 minutes
Recorded: October 2, 2023

For NY - Difficulty Level: For both newly admitted & experienced attorneys

For NY - Difficulty Level: Both newly admitted and experienced attorneys

Description

Risk tolerance varies widely among organizations based on many factors, including the organization's overall business goals, the relative risk sensitivity of organizational leaders, and the nature of its assets, resources, and the operational processes they support. As business priorities can often shift and risks lie largely outside of a company's control, in-house legal teams play a key role in anticipating and mitigating the impact of major risks. Join this panel of experts as we discuss the importance of being proactive vs. reactive when it comes to balancing risk appetite with business decisions. Leave this session with a better understanding of how to identify the impact of different types of risks that may face your business, determine what amount of risk your business is willing to accept, and communicate with relevant decision-makers in your organization in order to best mitigate these risks should they occur.

This program was recorded as part of ALM & Corporate Counsel's Annual General Counsel Conference East on October 2, 2023.

Provided By

General Counsel Conference
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Panelists

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Jason Massello

Head of ERM, Privacy and Legal Operations
Audible, Inc.

Tech savvy, pragmatic lawyer serving as jack-of-all-trades / deputy GC and business leader for a portfolio of programs at tech and media subsidiary of Amazon. Experienced in advocating for, establishing and overseeing critical functions in privacy, regulatory strategy, enterprise risk management and legal operations.

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Michelle McGovern

General Counsel
Verana Health

Michelle McGovern is the General Counsel at Verana Health, where she works to find solutions that help set the market standard for data privacy in an increasingly complex legal environment.

Michelle was previously the Deputy General Counsel at Redesign Health, a venture-backed incubator that, during her tenure, raised $350M, and built, launched and scaled more than two dozen healthcare companies.

Michelle also worked at Pfizer, where her roles included supporting clinical trials and pharmacovigilance, building sustainable markets for pharmaceutical products in the developing world, and serving as the North America Legal Lead for Upjohn, Pfizer's $12B legacy products and generics business.

Michelle completed Northwestern University’s accelerated journalism degree program, graduating in four years, magna cum laude, with a Bachelor’s of Science and Master’s of Science in Journalism, and received her JD, cum laude, from Northwestern University’s Pritzker School of Law. Michelle has been credentialed by the International Association of Privacy Professionals as a Certified Information Privacy Manager.

Michelle is also the President of the Board of Directors of 826NYC, a charity that helps under-resourced youth write their own paths forward, regardless of circumstance.

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Jessica Mastrogiovanni

General Counsel
Brooks Brothers

Jessica Mastrogiovanni is currently General Counsel of Brooks Brothers. Previously, she served as General Counsel of Saraca Media Group, Assistant General Counsel at New York & Company and has held the titles of Executive Vice President, Chief Legal Officer, and Chief Compliance Officer at Premier Education Group.

Jessica has experience providing comprehensive legal advice and counsel on a wide range of matters, including: corporate governance, corporate finance, labor and employment, investigations, commercial, technology, and celebrity licensing contracts, international supply chain agreements, e-commerce, insurance and risk management, privacy compliance, marketing, intellectual property, complex commercial litigation and class actions, SEC regulations and filings, and real estate.

During her career, Jessica has served as a member of executive leadership teams and a trusted advisor and confidant and to board of directors and C-level executives. She is an effective leader of highly regarded legal departments.

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Heather Nevitt

Editor-in-Chief, Corporate Counsel
ALM

Heather Nevitt is the Editor-in-Chief of Corporate Counsel, Inside Counsel and Global Leaders in Law. Heather brings Valuable content to the various publications sites she manages while building communities and developing new event ideas to engage readers.

Heather joined ALM in 2005 and was the Editor-in-Chief of Texas Lawyer. Before joining ALM, she practiced law and earned her JD from Michigan State University College of Law in East Lansing, Michigan.


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