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Risk Based Decision Making - Training™ (Premium)
A framework for risk analysis and decision making
The Problem
Your team needs to improve more commercial decisions.
Related challenges include:
- without risk there's no profit, but with risk there might be no company…
- it's hard to properly weight “possible but not probable” outcomes
- business units are pressuring your legal team to accept risks, whilst your board is pressuring the team to avoid risks
- sending your team for external training is too expensive
- finding really practical/useful training is a challenge
- DIY training is extremely time intensive
- hearing from subject matter experts is more authoritative
Wouldn’t it be nice to get a concise view of what best practice looks like?
The GLS Solution
Risk Based Decision Making - Training™ (Premium) provides you with a best practice decision making framework to enable your team to make better, more effective risk weighted decisions.
This training module covers the following:
- What is "Risk Based Decision Making" & why is it important
- How RBDM differs from common management decision making
- Principles of Risk Based Decision Making how to avoid bad practices
- Key roles and responsibilities
- An implementation framework for RBDM - what works, what doesn't & why
Our sessions marry practical, efficiency-based content with highly interactive and engaging delivery methodologies designed to improve memory retention.
These courses will be delivered by genuine experts in their field, in a way and at a time that is convenient to your team.
Problem Solved.
Solution Deliverables
| 90min Session: | 90 Minute session delivered via videoconference to users located anywhere in the world. GLS uses Teams at its preferred platform but can work with any other vid conf platform if needed |
| Key Issue Focus: | Coverage of all the main issues of legal import that frequently arise in practice around this topic |
| Behaviour Focused: | The session focuses on conveying “information application” techniques that will drive the right behavioral approach by your team to this subject - a more effective strategy than “wrote memorization” |
| Pre-Session Materials: | A session teaser for your compliance team to circulate to proposed attendees, in order to introduce the session and kick start “issue” receptivity (Support Materials). |
| Supporting Slides: | A vibrant slide deck outlining the subject key issues – these will be branded in your livery if requested and can be made available digitally |
| Subject Matter Expert: | The session is led by subject matter experts who have been advising on this topic for clients globally |
| Q&A: | An interactive Q&A session to address queries from the workplace |
| Takeaway Materials: | Takeaway checklist for your team to pin to their desks, in order to reinforce the message of the session and drive compliance practices (Support Materials) |
| Online Audit: | An online audit for you to test audience retention 1 month after the session (Support Materials) |
| Digital Rights Available: | If you want the digital rights for the presentation - select the relevant tier |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | Standard | Advanced | Complete |
| Pre-Session Materials | ✓ | ✓ | ✓ | ✓ |
| Standard Training Modules | ✓ | ✓ | ✓ | ✓ |
| Digital Rights | ✓ | ✓ | ✓ | |
| Takeaway Materials (Slides/Checklists) | ✓ | ✓ | ||
| Online Follow Up Test | ✓ | |||
| Price (excl. VAT) | $2,499 | $3,499 | $3,999 | $4,499 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $2,499 | 1h 42m |
| Senior Associate | $640 | $2,499 | 2h 20m |
| Blended Rate | $520 | $2,499 | 2h 53m |
| Associate | $480 | $2,499 | 3h 06m |
| Junior Associate | $420 | $2,499 | 3h 34m |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
General Counsel
Contracting
Legal Tech
Compliance
Managed Service
Human Capital
Data Analytics
Legal Operations
Service Provider
Performance
Knowledge
Co. Sec.
IP
Internal Client
Disputes
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
