We live in an uncertain world. Yet we have to manage our businesses and professional lives in that world. Furthermore, the financial collapse of 2008, BP’s Macondo disaster and scandals such as Volkswagen, phone hacking and #MeToo increased the pressure on lawyers and governance professionals to become active in risk management. Covid-19 exposed significant gaps in operational risk planning as the unthinkable became part of everyday life.
However, for many, the subject is a closed book. There has been little or no professional training available relevant to them. This training course introduces those who need to know about risk management to the subject. Participants will gain an understanding of the issues and terminology. They will also get a feel for the key drivers in culture, behaviour, and ethics that are key in risk decision making.
Whilst learning that we are all risk managers, the course emphasises how much attendees already really know, but provides a structure for them to use that latent knowledge to engage with stakeholders.
The course does not require a risk management background and promotes an easily accessible approach to risk decision making. It is suitable for both in-house lawyers and those who manage risk in private practice.
The course is priced at £960 + VAT.
You will gain 18 hours of verified CPD as well as an optional four hours of private study materials. Completing it fulfills your CPD requirements for the year, including the compulsory risk management component.
Please note there are just 15 spaces on each course.
|Date||Location||Seminars & Tutorials|
|Tuesday 21 September 1.30pm - 3.30pm||Online||Risk - Operating in an Uncertain World Seminar|
|Tuesday 28 September 1.30pm - 3.30pm||Online||Risky Behaviour - How We Approach Risk Seminar|
|Thursday 30 September 2pm - 3pm||Online||Tutorial 1|
|Tuesday 5 October 1.30pm - 3.30pm||Online||Creating Your Risk Management Plan Seminar|
|Tuesday 12 October 1.30pm - 3.30pm||Online||Implementing and Managing Your Risk Plan Seminar|
|Thursday 14 October 2pm - 3pm||Online||Tutorial 2|
|Tuesday 19 October 1.30pm - 4.30pm||Online||Crisis Management and How to Have a Good Crisis Seminar|
|Friday 22 October||Online||Assignment submission deadline|
|Date||Location||Seminars & Tutorials|
|Tuesday 2 November 1.30pm - 3.30pm||Online||Risk - Operating in an Uncertain World Seminar|
|Tuesday 9 November 1.30pm - 3.30pm||Online||Creating a Risk Management Framework Seminar|
|Monday 15 November 1.30pm - 3.30pm||Online||Risky Decisions Seminar|
|Tuesday 16 November 1- 3pm||Online||Tutorial 1|
|Monday 22 November 1.30pm - 3.30pm||Online||Organisational resilience, understanding harm, and how these can help us build better, useable risk frameworks|
|Wednesday 1 December 1pm - 3pm||Online||Tutorial 2|
|Monday 6 December 1.30pm - 3.30pm||Online||Crisis Management and How to Have a Good Crisis Seminar|
|Date TBC||Online||Assignment submission deadline|
- Sign up for the certified course in Risk Management and Governance
- Complete introductory pre-training online modules in risk management (2 hr verified CPD - fulfills compulsory risk management CPD obligation)
- Attend five short seminars (10 hrs verified CPD)
- Attend two tutorials (4 hrs verified CPD)
- Online submission of assignment (2 hr verified CPD)
- Certification in Risk Management and Governance awarded with use of our marque
Optional online private study consolidation package (4 hr private study CPD).
Completion of our four risk management modules covering:
- Payment Fraud
- Letters of Engagement
- Risk Management and Business Continuity
- Conflicts of Interest
Our four bespoke modules, created in association with RSA Insurance Group and Lockton, the broker to the Master Policy, will ensure that you have the skills to manage, mitigate and avoid risk on behalf of you and your employer and keep professional indemnity insurance premiums down.
You can find detailed information about these modules on our webpage.
Counts as 2 hours of verified CPD and fulfills compulsory risk management CPD obligation.
Webinar 1: Risk - Operating in an Uncertain World
The session will look at our uncertain world and how we approach that world in our role as lawyers. Delegates will consider the different categories of risk and be introduced to the key terminology that we will be using throughout the course (risk, legal risk, incidence, impact, controls, mitigations etc.)
Webinar 2: Creating a Risk Management Framework
In this session, we will look at conventional risk management including understanding concepts such as risk (external, strategic, and assurance), legal risk, probability, and impact. We will consider how we use ISO31000 to manage risk for our organisations and firms.
Webinar 3: Risky Decisions
As risk management is about making good risk decisions, we will look at how enterprise risk management imports the concepts of risk appetite and risk attitude and what they mean. We will also look at why risk decisions go wrong, the influence of biases on decision making and what it means for risk management.
Webinar 4: Organisational resilience, understanding harm, and how these can help us build better, useable risk frameworks
Covid-19 is the latest risk event that has caused organisations to question the robustness of their plans. In this session, we look at an alternative approach to managing risk by focussing on organisational resilience. This approach feeds directly into improving our risk decision making and aligning them with ESG policies etc.
Webinar 5: Crisis Management and How to Have a Good Crisis
Using a fictional case study, the session will unfold a crisis and look at possible responses at each stage. Delegates will actively participate by assuming the roles of non-lawyers to understand how legal advice both might help and hinder crisis management.
Tutorial one will take place between sessions two and three. It will reflect on sessions one and two, drawing on delegates own experiences of risks situations. In particular, they will be invited to think about behavioural biases that may have been in play and how those affected the handling of the risk situation.
Tutorial two will take place between sessions four and five. The tutorial will focus on the legal controls and mitigations that delegates can use in their organisation, how they monitor them, how they measure success and what lessons they can draw from their own experiences.
Please note you will be required to complete around 1 hour of preparation ahead of each tutorial.
The assignment will reflect back on the content covered throughout the course. It will be distributed during the course and due to be submitted online by 11.59pm on Friday 22 October.
Gain four extra hours of private study materials to enhance and consolidate your knowledge in the context of your own organisation.
Materials will be provided by the course tutor.
""An excellent course run by an excellent professional – I would wholeheartedly recommend this (and the Crisis Management section as a stand alone) to anyone, let alone those looking to manage risk as a direct part of their role.""
"I thoroughly enjoyed, and was pleasantly surprised by the quality of the online course. Ian is an excellent combination of a practitioner very knowledgeable in the theory of risk management who also embraces the commercial pragmatism that we Solicitors should, and are expected to, demonstrate daily. I found the real value was that the course encouraged us to develop a very dynamic, justifiable and ever-applicable, risk management mindset rather than simply focusing on dissecting the current regulatory framework. The course encouraged an understanding of the history, future and current cultural understanding of risk in society and organisations."
"This course was very informative and really made me think about possible scenarios, particularly in the workplace. I enjoyed having the opportunity to discuss issues openly and honestly without any prejudice."