Main Menu
More
The past month has been filled with events, conferences, and travel, from celebrating Risk Heroes at RISK London to engaging with the In-House Legal community at Crafty Counsel’s LegalTech Buyers’ Club and vising Toronto again to lay the foundation for Lexverify’s expansion into North America.
Founder and CEO of Lexverify, Cristian Gherhes shares insights and reflections from the recent events we have attended and exhibited at.
It was a pleasure, as always, to attend the annual ProfTech dinner organised by SuperTech WM as part of Birmingham Tech Week. We heard from Hilary Smyth-Allen, Executive Director of SuperTech WM on the fantastic progress made in the region, and I had a refreshing conversation with a couple of attendees about the state of the UK business ecosystem—you guessed it, we need to do better; much better.
Birmingham Tech Week was filled with events, and I had the pleasure to attend Fieldfisher’s Roundtable on The impact of AI in the Workplace, which brought together a diverse group of stakeholders to discuss how AI is (or is not) shaping our work lives. Here are a few reflections and learnings from the session.
At the end of October, we attended the Legal Tech Buyers’ Club by Crafty Counsel. It was so inspiring to connect with so many of the In-House Legal community who attended the event. Legal is a critical function in every organisation, yet not always appreciated nor given the necessary resources to support business objectives.
We spoke with people in a variety of roles, from General Counsels and In-House Counsels to Legal Operations Directors and even Trainee Solicitors, learning about the challenges they face in their day-to-day work and exploring how we can make their lives easier. Hint: there’s power in preventing issues from turning into litigation; it allows Legal teams to focus on strategic business objectives and adding value to their organisations, as opposed to having to firefight and defend the loss of value that comes with fines, penalties, and reputational damage when things go wrong. Compliance blind spots can lead to many unintended consequences, and it’s often too late when you find out about them. Our Next Generation Compliance solution gives Legal and Risk & Compliance teams the visibility they need to proactively manage and prevent risks. Compliance blind spots? Not with Lexverify.
The next event was in early November. It was great to be back in Toronto for our second market visit as part of the Global Incubation Programme by Innovate UK and Legal Innovation Zone. A few highlights from my week in Toronto:
Lots of work to do after this trip and lots of conversations to be continued.
To wrap up this up, here are some of the things we’ve heard from Risk & Compliance professionals over the 2 days at RISK London in October:
“Some people should not be allowed to send emails. We need this!”
“This is the future.”
“I had no idea this was possible, I wish I had this a few years ago.”
As regulators are increasingly taking a zero tolerance approach, firms need better visibility and data to understand their risk universe and prevent risks.
It’s often the case that companies see compliance spend as a cost that needs to be minimised. Investing in a compliance solution is not a cost, it’s an asset. Employees want to work for organisations that promote a professional culture and respect their workforce, that are ethical and responsible; all this also has a positive impact on the share price.
It was fantastic to meet and celebrate so many Risk Heroes and to see how much the pain points we are addressing resonate with Risk & Compliance community. It’s not easy to work in Risk & Compliance. Nobody notices when things go well, but everyone notices when things go wrong.
Here’s to all the Risk Heroes!
Fill in a few details
Please submit your details, so we know how popular our downloads are, thank you!