JordanFurlong + risk   14

Is Your Job Safe? | 3 Geeks and a Law Blog
So this same thought occurred to me recently but in a different context. My Dot.Com experience lead me in to a constantly innovating career path. For example, I was a pioneer in the legal pricing space. And I continue to embrace and lead new ideas and approaches. So I have considered my job positions to be relatively safe, since I am leading the change and not being eaten by it. But then I realized even with that approach, I still have risk. With all of the chaos right now in the legal market (merger mania, etc.), who knows what the future holds for any of us. Positions can be eliminated or dramatically altered or firms can implode or merge into other firms.

Crap.

But then I thought back to my Dot.Com thinking. It’s not that any job I have will necessarily be sustaining. It’s that I am always reaching for new and exciting skills and experiences. Stay nimble and stay adaptive. That’s the best strategy for staying “safe” in this new, fast-changing job market. Adding another layer to this – it’s not just about staying up on tech. Understanding blockchain will have some value. Understanding how to turn that knowledge into revenue and profit has a much higher value.
risk  careers  schools  innovation 
november 2018 by JordanFurlong
Get ready for the coming business travel crisis | Computerworld
If you take away anything from this column, it's this: Immediate action is needed to address the risk to company data posed by fast-changing rules and norms around air travel.

The issues to be addressed are:

A plan if emergency bans are placed on traveling with laptops. (This solution may include shipping cloud-based Chromebook-type laptops to travelers abroad, along with secure access to company data in a way that is not stored on the device.) This is a good policy even before any ban is implemented.
An immediate policy for removing the ability for anyone, including the user, to access key data or compromising information from all devices, especially smartphones. (Get used to the phrases "border mode" and "travel mode." The ability to suspend access to or remove data from a device may be built into phones like "airplane mode" is, or provided as a third-party product or service -- in fact, such products are just now beginning to emerge. For now, you'll have to roll your own solution. People can be detained indefinitely for not providing passwords and PIN codes, but they cannot be held if they themselves have no possible access.)
These issues will likely involve purchasing, software development and additional training. You don't have much time. When the rules change, they'll change fast. And they'll put data at risk.
risk  it  travel  ethics 
may 2017 by JordanFurlong
Comment: After shocks of 2016, law leaders may need to start thinking | www.legalbusiness.co.uk
But political risk is something law firms will increasingly have to consider after a long period where the liberal, free market consensus was utterly dominant. The rise of populism, tribalism and the post-truth nature of public debate that burst into the open so spectacularly during 2016 has been building since the banking crisis, it is just that much 'mainstream' opinion assumed the old rules would soon re-assert themselves.

It is easy to see why comparisons are being drawn to the rise of authoritarianism and nationalism in the early 20th century after decades of liberal free-traders dominating the world.

This is a seismic shift in the ground upon which law firms built their businesses comparable to the realisation in the early 2000s that the post-Maastricht EU-integration play of leading law firms was not going to plan.
risk  global 
december 2016 by JordanFurlong
3 Geeks and a Law Blog: In the Age of Google, Law Librarians Manage Your Time, People, and Money
First and foremost, I want to remind my colleagues that a public librarian plays a very different role from what a law librarian does. I’ll let public librarians defend their own, and I’ll start by stating what I see as the number one role of a law librarian, regardless of if that law librarian is in government, academia, or private legal environment:

Law Librarians manage the risk within the organization they serve, ensuring the organization’s mission is met through the acquisition, management, distribution, and analysis of legal information needed for the organization to perform its mission in a timely manner and at an appropriate cost.
Our job isn’t about pointing people to the nearest bathroom, or locating lost keys. It is about positioning lawyers, educators, judges, administrators, and the public, in the best possible position to fulfill their responsibility within the legal framework they represent. If we do help you find the bathroom or your lost keys, we do so because we tend to be nice people and want to help. Don’t view that as a weakness, view it as a strength in that we feel empathy for your current situation, not that we have nothing better to do.
library  km  risk 
january 2016 by JordanFurlong
Introducing Guesstimate, a Spreadsheet for Things That Aren’t Certain — The Guesstimate Blog — Medium
This is why I’ve made Guesstimate, a spreadsheet that’s as easy to use as existing spreadsheets, but works for uncertain values. For any cell you can enter confidence intervals (lower and upper bounds) that can represent full probability distributions. 5000 Monte Carlo simulations are performed to find the output interval for each equation, all in the browser.
pricing  risk 
january 2016 by JordanFurlong
aosphere | Alternative Solutions for Legal and Compliance Risk Management
aosphere LLP (formerly Derivative Services LLP) specialises in providing user-friendly access to complex legal information for institutions large and small. We use our expertise in all aspects of derivatives trading and key compliance issues like shareholding disclosure, marketing restrictions and cross border data transfers to provide subscription products which help you to reduce legal, regulatory and operational risk. Our secure data management system allows you to manage your bespoke legal documents alongside your aosphere subscriptions offering a seamless, one-stop solution to risk reduction.
robolawyer  risk  it  compliance 
september 2015 by JordanFurlong
LegalTech New York 2015 Expectations (3 of 5): Enterprise Legal Platforms | Blue Hill Research
Where last year was dominated by “big data” and IG (again, itself a leading indicator of the market’s maturity), this year sees numerous topics discussing risk management, cybersecurity, and other issues that typically fall within the sphere of GRC, but increasingly represent topics on the docket of general counsel. LegalTech is primarily a technology exhibition, not a management of legal-issues-presented-by-technology exhibition, meaning that the inclusion of these topics serves as an easy watermark for the evolving recognition of technology need in the space.
risk  it 
february 2015 by JordanFurlong
Holland & Knight Team Drills Down on Compliance | Law Technology News
The team helps companies identify risk: how to protect against risk and how to properly disclose information to protect consumers, said Cwalina. He was formerly vice president and assistant general counsel at data aggregation company ChoicePoint Inc. Reed Elsevier acquired ChoicePoint in 2008.
innovation  risk  compliance  privacy 
october 2014 by JordanFurlong
ACE and Littler Launch Employment Risk Management Tool
In the high-stakes arena of labor and employment law, businesses have to keep up with ever-changing rules in order to stay within the bounds of the law. To help employers avoid rolling the dice on employment mishaps, the ACE Group has paired with management-side firm Littler Mendelson to create EPL Assist, an employment risk management tool.
innovation  it  process  risk 
march 2013 by JordanFurlong
Law Department Management: Ascendancy of risk initiatives among the Financial Times most-innovative departments
In a previous post, I commented on the frequency with which convergence and off-shoring showed up among the innovative law departments honored in the past month by the Financial Times (See my post of Dec. 3, 2010: seven law departments and two focused initiatives.).
risk  innovation 
december 2010 by JordanFurlong
Redefining Risk | Compliance Building
Maybe we should define risk as what needs to go right, instead of what could go wrong.
Bookmarks  risk 
september 2009 by JordanFurlong
Outsourcing taking hold
Gowling, it turns out, is putting its money where its mouth is. From all appearances, the firm is priming the Hamilton office, already known for its efficiency with commoditized files such as mortgage foreclosures and collections, to do the type of work Rio Tinto is outsourcing. "Gowlings is turning an offshore model into an onshore model, not just for their own clients but for other law firms or in-house departments that aren't otherwise their clients," Ms. Swansburg says. "We work with them at Royal, and have found that it's a fantastic model that shows the benefits to law firms who have an entrepreneurial approach." Although the onshore model is slightly more expensive than offshoring the work, Ms. Swansburg says the advantages make the additional marginal cost worthwhile.
Bookmarks  risk  outsourcing 
august 2009 by JordanFurlong
An Inside Take from the Outside: Law Firms and Risk Management – a 7 Step Guide
So - is it possible to design a pragmatic and manageable risk system for the modern law firm? Yes, of course. There are seven key steps to ensuring that your firm is best placed to deal with the risks it is facing - and is not caught out by the regulatory rules requiring risk management. Step 1 – Show it Matters
Bookmarks  firms  risk 
august 2009 by JordanFurlong

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