Dealing with the Lightning Pace of Change and Uncertainty
Preparing for 2024 is a top-of-mind issue for law firm lawyer leaders and firm business executives. What will happen in 2024 is now the focus of intense discussion amid growing uncertainty.
Partners and business executives are confused about what to expect next year in 2024. The COO/ CFO/ C-Level Roundtable November 30 is your opportunity to hear what changes law firm business executives are planning for 2024.
Change Management and AI
Every firm is discussing how change continues to accelerate and is affecting planning. There is no appetite for long term planning. Five-year plans are a thing of the past. Interest in AI is exploding. De-mystifying AI is essential to its use in firms and client businesses. Why is this a transformative moment? Not since the advent of the Internet have we seen this level of excitement and interest in how to deploy AI to help firms and clients internally for front, middle and back office solutions, and externally with clients.
Key themes we will discuss at the Roundtable include:
For AI:
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New business opportunities with clients
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Deciding when to buy or build
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Data protection and data governance
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Risk mitigation
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Cybersecurity challenges
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Investment decisions
For Real Estate:
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Latest trends
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When to shed real estate
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Reducing real estate costs
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When to stick with and re-purpose real estate
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Hoteling and remote/ hybrid working
For Talent, Recruiting and Hiring:
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Professional development and training needs of associates, partners and staff
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Finding the superstar associate. How best to recruit associates
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Lateral hiring
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Diversity and inclusion
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Mentoring
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Wellness initiatives
Faculty Discussion Leaders:
Ralph Allen, Chief Operating Officer, Kelley Drye & Warren LLP, New York
Brian Blaho, Global Director of Library Services Innovation, Reed Smith, New York
Mike Caplan, Chief Operating Officer, Goodwin Procter LLP, New York
Anne M. Falvey, Chief Knowledge Officer, Sidley Austin LLP, New York
Ira D. Frome, Regional COO/CFO, Clifford Chance US LLP, New York
Shonette Gaston, Chief Operating Officer, BLANKROME, New York
Conan Hines, Senior Legal Technologist, Clifford Chance US LLP, New York
Matt Kelly, Counsel, Debevoise & Plimpton LLP, New York
Jim (James) Leary, Special Consultant, The McCormick Group, Philadelphia, PA
Stephen Nelson, Executive Principal, The McCormick Group, Arlington, VA
Colleen F. Nihill, Chief Knowledge Management & Practice Services Officer, Morgan, Lewis & Bockius LLP, Philadelphia
Michael Raposa Jr., Senior Vice President – North America, RR Donnelley, Boston, MA
Eric J. Sekler, Chief Operating Officer, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York
John Sikaitis, Head of Product, Advisory & Transaction Services Consulting, CBRE, Washington, D.C.
Lauri Walker, Chief Operating Officer, Nixon Peabody, Boston
William Washington, Global Chief Financial Officer, Baker McKenzie, Washington, D.C.
Topics for Discussion:
9:00 a.m. – 12:30 p.m. EST
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AI Strategy and Innovation
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Tools and terms
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Use cases
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Ethical boundaries
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Data protection
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Who owns the data?
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Data strategy—getting your data in order
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Knowledge management and AI
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Running the firm AI leadership team
2. Business and Financial Issues
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Policy and process issues
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2024 planning, budgeting and preparation
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End of year results
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Risk management
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Geopolitical risks
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AI and technical risk
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Reputational risk
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Diversity, inclusion, affirmative action risk
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Cybersecurity
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Readiness
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Policies
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Breach protocols
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Outside counsel guidelines
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E-Billing and collections, autopay, time keepers
3. Growing Revenue
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Controlling expenses
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Revenue enhancements
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Client service opportunities
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Access clients on business issues
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Dealing with new clients as well as existing clients
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4. Real Estate
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State of the real estate market
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Designing and re-designing space for the
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Changing workplace and work habits
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Hoteling and open/flex office set ups; what works best?
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Generational difference on where/ when to work
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5. Talent, Recruiting and Development and Training
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Associate recruiting
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Lateral hiring when? What areas?
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Compensation challenges
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For associates?
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For partners?
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Who Should Attend?
This Roundtable is for all C-level Senior Business Executives
This briefing conference is for law firm business executives including
COOs, CFOs, CMOs, CIOs, Heads of Human Resources and Talent, Client Service and Innovation, other C-suite Executives, senior lawyer leaders including Managing Partners, Members of Executive Committee, practice group leaders are also welcome to attend.