5:00 PM Lecture – Law 262
6:00 PM Reception – Bay View Room
Should lawyers manage a corporate crisis or should they be part of the team managing the crisis? Does your client even recognize that it is in a crisis situation which cannot be solved through normal business procedure? Do you? Are lawyers ideal candidates to lead the crisis management team or effort? What would your role as a lawyer be if your client were Volkswagen facing the emissions scandal, or Chipotle facing the e-coli outbreak, or Toshiba facing the accounting scandal?
Lawyers can play an important role advising a client in a crisis situation, but a lot of other internal business people and external stakeholders can play an even more important role, from the board of directors and senior management, to insurance companies and customers, to plaintiffs lawyers, to the media and to regulators. How do you respond swiftly but effectively? How can you help preserve the client's brand as well as protect its balance sheet from significant litigation or government enforcement proceedings or both? Defining the crisis, understanding the facts, understanding your role as a lawyer, strategizing a path forward, and knowing how to communicate are the keys to counseling a client through a crisis. Mr. Spacone's talk will immerse you in these lessons in the context of a lawyer representing an airline manufacturing company after a deadly crash of one of its passenger planes, which may involve a systemic defect, which could materially threaten future revenues and result in significant legal liability.
As senior in-house counsel and crisis manager for an international Fortune 300 company, Andrew C. Spacone was front and center in these types of crises, and he has led teams in developing a formal crisis management plan and training for lawyers and other internal stakeholders. Come see if you're prepared for a crisis!
Andrew C. Spacone, Esq is an adjunct professor at the Roger Williams University School of Law where he teaches mergers & acquisitions, securities regulation and bank regulation. Professor Spacone spent eight years in private practice between the Buffalo, NY law firm of Jaeckle, Fleichman & Mugeland and the Providence, RI law firm of Adler, Pollok & Sheehan, from which he recently retired. He spent 30 years of his legal career, however, as in-house counsel at Textron Inc. in Providence. Textron is a worldwide Fortune 200 company with operations in the aircraft, defense and industrial products business sectors, among others. When Professor Spacone retired from Textron in 2011, his position was Deputy General Counsel and Assistant Secretary and head of Textron’s litigation department. While at Textron, he developed and implemented Textron's crisis management program as part of a three-person team and was Textron’s first crisis manager, a position he held for thirteen years until his retirement. Andrew was involved in several crisis situations, which, fortunately, he and Textron pretty much emerged from more or less unscathed.
RSVP to the Office of Programs & Events at firstname.lastname@example.org