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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:

  1.  What is "Risk Based Decision Making" & why is it important
  2.  How RBDM differs from common management decision making 
  3. Principles of Risk Based Decision Making how to avoid bad practices
  4.  Key roles and responsibilities
  5.  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 oneColumn twoColumn threeColumn fourColumn five
DELIVERABLESBasicStandardAdvancedComplete
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

GLS provides a complete training solution for $2,499. What would you get from a typical law firm for this amount? Well, see below.

Big Law ReviewUS RateGLS CostMinutes
Partner$850$2,4991h 42m
Senior Associate$640$2,4992h 20m
Blended Rate$520$2,4992h 53m
Associate$480$2,4993h 06m
Junior Associate$420$2,4993h 34m

GLS RPLV Legal Operations Score

This solution’s GLS RPLV impact score:

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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.

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