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{{a|devil|<center><youtube>https://www.youtube.com/watch?v=8PlLCKW4zuY</youtube><br>The awesome power of hindsight.</center>}}{{Quote| | {{a|devil|<center><youtube>https://www.youtube.com/watch?v=8PlLCKW4zuY</youtube><br>The awesome power of hindsight.</center>}}{{Quote| | ||
{{office scene|III|iv|gazes admiringly at his own Insta feed, which consists entirely of touched-up selfies|silently fumes while the [[JC]], who has managed to elbow his way into what was meant to be a private meeting of important people, will now not stop talking}} | {{office scene|III|iv|gazes admiringly at his own Insta feed, which consists entirely of touched-up selfies|silently fumes while the [[JC]], who has managed to elbow his way into what was meant to be a private meeting of important people, will now not stop talking}} | ||
:'''[[JC]]''': [''Winding down''] “... so, I ask you: why | :'''[[JC]]''': [''Winding down''] “... so, I ask you: why has the legal industry been so ''inept'' at preventing catastrophic risks? There are more lawyers than ever, but we don’t seem to be able to stop anything: Nick Leeson, [[LTCM]], [[Amaranth]], [[Enron]], Global Crossing, Kerviel, [[Madoff]], Bear Stearns, [[Lehman]], [[LIBOR]], Theranos, London Whale, Mossack Fonseca, 1MDB, Wirecard. All our immense legal firepower failed to prevent ''any'' of these.” | ||
:'''[[Head of Legal Ops]]''': ['' | :'''[[General Counsel]]]''': [''Deploying the “[[Elephant|elephants hiding in custard]]” gambit''] Oh, but imagine how much ''worse'' it would have been had we [[legal eagle]]s ''not'' been on hand. It doesn’t bear thinking about. | ||
:'''[[Head of Legal Ops]]''': [''Darkening'']: Ah, yes! Well, it’s simple. Lawyers are not [[proactive]] enough in looking for it. They do not [[leverage]] [[data]] properly. | |||
:'''[[JC]]''': What? | :'''[[JC]]''': What? | ||
:'''[[Head of Legal Ops]]''': [''Gravely''] To add value as an [[Inhouse lawyer|in-house legal]] function we need to use [[Innovation|innovative]] tools to crunch [[data]], proactively spot emerging risks and escalate them to business.” | :'''[[Head of Legal Ops]]''': [''Gravely''] To add value as an [[Inhouse lawyer|in-house legal]] function we need to use [[Innovation|innovative]] tools to crunch [[data]], proactively spot emerging risks and escalate them to business.” | ||