Seminar  Program

Pocket MBA 2018: Finance for Lawyers and Other Professionals


Select a Location:

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Rajay Desai, Rodin M. Hai-Jew



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Michael Bartuska, Brittany Cadwalader, Rajay Desai, Jack Jones, Andrew Monroe



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Michael Bartuska, Brittany Cadwalader, Rajay Desai, Jack Jones, Andrew Monroe



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Charmaine Wilson



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

Greg Halm, Bryan Ketroser, Torben Voetmann, Ph.D.



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • US regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Kenneth P. Herzinger, Ryan T. Miller



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Marvin G. Padilla, Jeremy M. Weitz



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Amir Agam, Seth Goldman



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Catherine E. Moreno, Xavier Oustalniol



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Nina L. Flax



5:00 Adjourn

Co-Chair(s)
Rajay Desai ~ Managing Director, Deloitte & Touche LLP
Rodin M. Hai-Jew ~ Kirkland & Ellis LLP
Speaker(s)
Amir Agam ~ Senior Managing Director, Corporate Finance & Restructuring, FTI Consulting
Michael Bartuska ~ Audit Senior Manager, Deloitte Touche LLP
Brittany Cadwalader ~ Audit and Assurance Senior Manager, Deloitte & Touche LLP
Nina L. Flax ~ Mayer Brown LLP
Ilene K. Froom ~ Reed Smith LLP
Seth Goldman ~ Munger Tolles & Olson LLP
Greg Halm ~ Director, Berkeley Research Group
Kenneth P. Herzinger ~ Orrick, Herrington & Sutcliffe LLP
Jack Jones ~ Senior Manager, Deloitte & Touche LLP
Bryan Ketroser ~ Alto Litigation PC
Ryan T. Miller ~ Senior Manager, Advisory Services, Deloitte Transactions and Business Analytics LLP
Andrew Monroe ~ Senior Manager, Audit & Assurance, Financial Services, Deloitte & Touche LLP
Catherine E. Moreno ~ Wilson Sonsini Goodrich & Rosati
Xavier Oustalniol ~ Partner, StoneTurn Group
Marvin G. Padilla ~ Managing Director, Intrepid Investment Bankers
Anna T. Pinedo ~ Mayer Brown LLP
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Torben Voetmann, Ph.D. ~ Principal, The Brattle Group; Adjunct Professor, University of San Francisco,
Jeremy M. Weitz ~ Buchalter
Charmaine Wilson ~ CIA, CISA; Senior Manager, Deloitte
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute

San Francisco Seminar Location

PLI California Center, 685 Market Street, San Francisco, California 94105. (800) 260-4754.

San Francisco Hotel Accommodations

Park Central Hotel, 50 Third Street, San Francisco, CA 94103. 415-974-6400. When calling, please mention PLI and SET#287179. In addition, you may book online at Park Central Hotel PLI.

Omni Hotel San Francisco, 500 California Street, San Francisco, CA 94104. 415-677-9494.  When calling, please mention Practising Law Institute.  You may also book online at PLI Omni 2018.

Due to high demand we recommend reserving hotel rooms as early as possible.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live seminars qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

California:  PLI’s live seminars qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Illinois: All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Iowa:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Kansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Louisiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Maine:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Minnesota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Mississippi:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Missouri:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Montana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nebraska:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nevada:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Mexico:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live seminars can be used to fulfill the requirements for newly admitted attorneys. All credit categories may be earned via transitional live seminars.

North Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars

North Dakota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Ohio:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oklahoma:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

South Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Tennessee:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Vermont:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live seminars qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wisconsin:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wyoming:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live seminars qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live seminars qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC): PLI’s live seminars can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live seminars qualify as “live” credit. There is no limit to the number of points an attorney can earn via live seminars.

United Kingdom (CPD-UK):  PLI’s live seminars can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live seminars qualify as “live” credit in all Australian jurisdictions. There is no limit to the number of credits an attorney can earn via live seminars.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live seminars may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA): PLI’s live seminars qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE): PLI’s live seminars may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live seminars may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live seminars may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live seminars may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live seminars qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live seminars qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live seminars may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live seminars may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live seminars may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live seminars may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Rajay Desai, Rodin M. Hai-Jew



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Michael Bartuska, Brittany Cadwalader, Rajay Desai, Jack Jones, Andrew Monroe



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Michael Bartuska, Brittany Cadwalader, Rajay Desai, Jack Jones, Andrew Monroe



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Charmaine Wilson



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

Greg Halm, Bryan Ketroser, Torben Voetmann, Ph.D.



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • US regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Kenneth P. Herzinger, Ryan T. Miller



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Marvin G. Padilla, Jeremy M. Weitz



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Amir Agam, Seth Goldman



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Catherine E. Moreno, Xavier Oustalniol



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Nina L. Flax



5:00 Adjourn

Co-Chair(s)
Rajay Desai ~ Managing Director, Deloitte & Touche LLP
Rodin M. Hai-Jew ~ Kirkland & Ellis LLP
Speaker(s)
Amir Agam ~ Senior Managing Director, Corporate Finance & Restructuring, FTI Consulting
Michael Bartuska ~ Audit Senior Manager, Deloitte Touche LLP
Brittany Cadwalader ~ Audit and Assurance Senior Manager, Deloitte & Touche LLP
Nina L. Flax ~ Mayer Brown LLP
Ilene K. Froom ~ Reed Smith LLP
Seth Goldman ~ Munger Tolles & Olson LLP
Greg Halm ~ Director, Berkeley Research Group
Kenneth P. Herzinger ~ Orrick, Herrington & Sutcliffe LLP
Jack Jones ~ Senior Manager, Deloitte & Touche LLP
Bryan Ketroser ~ Alto Litigation PC
Ryan T. Miller ~ Senior Manager, Advisory Services, Deloitte Transactions and Business Analytics LLP
Andrew Monroe ~ Senior Manager, Audit & Assurance, Financial Services, Deloitte & Touche LLP
Catherine E. Moreno ~ Wilson Sonsini Goodrich & Rosati
Xavier Oustalniol ~ Partner, StoneTurn Group
Marvin G. Padilla ~ Managing Director, Intrepid Investment Bankers
Anna T. Pinedo ~ Mayer Brown LLP
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Torben Voetmann, Ph.D. ~ Principal, The Brattle Group; Adjunct Professor, University of San Francisco,
Jeremy M. Weitz ~ Buchalter
Charmaine Wilson ~ CIA, CISA; Senior Manager, Deloitte
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute
General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.

PLI’s live and on-demand webcasts are single-user license products intended for an individual registrant only. Credit will be issued only to the individual registered. If two or more individuals wish to participate in a webcast and receive credit, PLI would be happy to provide a Groupcast – group viewing of a webcast. To schedule a Groupcast, please contact PLI at groupcasts@pli.edu.


U.S. MCLE States

Alabama:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live webcasts qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

California:  PLI’s live webcasts qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live webcasts qualify as “eCLE” credit. Attorneys are limited to 12 credits of eCLE per reporting period.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live webcasts qualify as “in-house” credit. Attorneys are limited to 6 in-house credits per reporting period.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live webcasts qualify as “distance education” credit. Attorneys are limited to 9 credits of distance education per reporting period.

Iowa:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kentucky:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Louisiana:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 4 credits of self-study per reporting period.

Maine:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Minnesota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Mississippi:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Montana:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Nebraska:  PLI’s live webcasts qualify as “computer-based learning” credit. Attorneys are limited to 5 credits of computer-based learning per reporting period.

Nevada:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live webcasts qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live webcasts can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live webcasts. Skills credits may not be earned via live webcasts.

North Carolina:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

North Dakota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Ohio:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Oklahoma:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

South Carolina:  PLI’s live webcasts qualify as “alternatively delivered” credit. Attorneys are limited to 6 credits of alternatively delivered programs per reporting period.

Tennessee:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 8 credits of distance learning per reporting period.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live webcasts qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live webcasts qualify as “online” credit. Attorneys are limited to 12 credits of online instruction per reporting period.

Wisconsin:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Wyoming:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live webcasts qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live webcasts qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live webcasts can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 15 points of distance learning programs per reporting period.

United Kingdom (CPD-UK):  PLI’s live webcasts can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live webcasts may fulfill Australia’s CPD requirements. Credit limits for live webcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live webcasts may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA):  PLI’s live webcasts qualify as the “Group-Internet-Based” (GIB) delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live webcasts may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live webcasts may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live webcasts may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live webcasts may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live webcasts qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live webcasts qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live webcasts may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live webcasts may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live webcasts may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live webcasts may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Paul Anderson, Philip J. Bach



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Philip J. Bach, Michael Couillard, Jennifer Finger



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Philip J. Bach, Michael Couillard, Jennifer Finger



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

David Haronik, Andrell Holloway, Michael A. Zumach



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Paul Anderson



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

Ed Nakayama



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Scott J. Gordon



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Mose (Chad) Rucker III



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Craig T. Alcorn, Hugo Dubovoy, Jr., William J. Rowe



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Sandeep Gupta, Eric Prezant



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Terra L. Reynolds, Gil M. Soffer



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

James J. Grogan, Lea S. Gutierrez



5:00 Adjourn

Co-Chair(s)
Paul Anderson ~ Kirkland & Ellis LLP
Philip J. Bach ~ Senior Manager, Global Compliance Audit, Stepan Company
Speaker(s)
Craig T. Alcorn ~ Skadden, Arps, Slate, Meagher & Flom LLP
Michael Couillard ~ CPA; Senior Manager, Baker Tilly Virchow Krause, LLP
Hugo Dubovoy, Jr. ~ Vice President, Corporate Secretary and Chief M&A & Securities Counsel, W.W. Grainger, Inc.
Jennifer Finger ~ CPA, MSA; Director, Baker Tilly Virchow Krause, LLP
Scott J. Gordon ~ Kirkland & Ellis LLP
James J. Grogan ~ Deputy Administrator and Chief Counsel, Attorney Registration & Disciplinary Commission of the Supreme Court of Illinois (ARDC)
Sandeep Gupta ~ Principal/Co-Founder, Novo Advisors
Lea S. Gutierrez ~ Director of Diversity & Inclusion/Senior Litigation Counsel , Attorney Registration and Disciplinary Commission of the Supreme Court of Illinois (ARDC)
David Haronik ~ Director of International Internal Audit, OneSpan
Andrell Holloway ~ Protiviti
Ed Nakayama ~ Vice-President – Healthcare, William Blair & Company
Eric Prezant ~ Bryan Cave Leighton Paisner LLP
Terra L. Reynolds ~ Latham & Watkins
William J. Rowe ~ Baker McKenzie
Mose (Chad) Rucker III ~ Managing Director, Valuation Research Corporation
Gil M. Soffer ~ Katten Muchin Rosenman LLP
Michael A. Zumach ~ Deputy Executive Director, Audit, Regional Transportation Authority
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute

Chicago Seminar Location

University of Chicago Gleacher Center, 450 N. Cityfront Plaza Drive, Chicago, Il 60611. (312) 464-8787.

Hotel Accommodation

Intercontinental Hotel Chicago, 505 N. Michigan Avenue, Chicago, IL 60611. (312) 944-4100. Please contact the hotel directly for the preferred rate and mention Practising Law Institute or Corporate ID 100312169.  You may also book online at PRACTISING LAW INSTITUTE.    Please note that the rate is a corporate and not a group rate. 

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live seminars qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

California:  PLI’s live seminars qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Illinois: All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Iowa:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Kansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Louisiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Maine:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Minnesota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Mississippi:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Missouri:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Montana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nebraska:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nevada:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Mexico:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live seminars can be used to fulfill the requirements for newly admitted attorneys. All credit categories may be earned via transitional live seminars.

North Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars

North Dakota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Ohio:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oklahoma:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

South Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Tennessee:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Vermont:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live seminars qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wisconsin:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wyoming:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live seminars qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live seminars qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC): PLI’s live seminars can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live seminars qualify as “live” credit. There is no limit to the number of points an attorney can earn via live seminars.

United Kingdom (CPD-UK):  PLI’s live seminars can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live seminars qualify as “live” credit in all Australian jurisdictions. There is no limit to the number of credits an attorney can earn via live seminars.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live seminars may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA): PLI’s live seminars qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE): PLI’s live seminars may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live seminars may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live seminars may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live seminars may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live seminars qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live seminars qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live seminars may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live seminars may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live seminars may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live seminars may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Anne T. Pinedo, Frank J. Weigand, Peter L. Zanolin



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Ozgur B. Kan, Michael A. Skrief



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Ozgur B. Kahn,  Michael A. Skrief



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Jenna O'Brien



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Kevin Haggard, Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

John Cristiano



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa, Michael Wirgin



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Philip J. Antoon, Howard M. Berkower



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Michelle Garcia



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Rick Antonoff, Bruce M. Buchanan



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Lorin L. Reisner, Daniel L. Stein



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Lewis Tesser



5:00 Adjourn

Co-Chair(s)
Anna T. Pinedo ~ Mayer Brown LLP
Frank J. Weigand ~ General Counsel, HSBC Securities (USA) Inc., Head of HSBC Global Markets Legal (Americas)
Peter L. Zanolin ~ Senior Director – Global Compliance & Investigations, Jabil Inc.
Speaker(s)
Rick B. Antonoff ~ Blank Rome LLP
Philip J. Antoon ~ Managing Director, Alvarez & Marsal Taxand, LLC
Howard M. Berkower ~ McCarter & English, LLP
Bruce M. Buchanan ~ Head of Restructuring and Special Situations, Oppenheimer & Co., Inc.
John Cristiano ~ Managing Director, Grant Thornton LLP
Ilene K. Froom ~ Reed Smith LLP
Michelle Garcia ~ Senior Vice President - Corporate Legal, Coty Inc.
Kevin Haggard ~ Managing Director, Miller Buckfire & Co., LLC
Ozgur B. Kan ~ Managing Director, Berkeley Research Group, LLC
Jenna O'Brien ~ CPA, CFE, CIRA, CAMS; Director – Disputes Practice, Duff & Phelps, LLC
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Lorin L. Reisner ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Michael A. Skrief ~ Principal, Forensic Services, PwC
Daniel L. Stein ~ Mayer Brown LLP
Lewis Tesser ~ Tesser, Ryan & Rochman LLP
Michael Wirgin ~ Vice President, Senior Legal Counsel, HSBC Securities (USA) Inc.
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute

New York City Seminar Location

PLI New York Center
, 1177 Avenue of the Americas, (2nd floor), entrance on 45th Street, New York, New York 10036. (800) 260-4754.

New York City Hotel Accommodations

Crowne Plaza Times Square Manhattan, 1605 Broadway (48th Street), New York, NY 10019 (212) 977-4000. When calling, mention Practising Law Institute. You can also make reservations online to access PLI's rates.

The Muse, 130 West 46th Street, New York, NY 10036. Please call reservations at 1-800-546-7866. When calling, please mention Practising Law Institute and Corporate Rate ID 786839408. In addition, you can book online at PLI Muse Hotel

Millennium Broadway Hotel, 145 West 44th Street, New York, NY 10036. Please call reservations at 1-800-622-5569. When calling, please mention Practising Law Institute. In addition, you can book online at PLI Millennium Hotel .

 Hyatt Times Square, 135 W. 45th Street, New York, NY 10036. For reservations, please call (646) 364-1234. When calling mention rate code CR56218 or Practising Law Institute.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live seminars qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

California:  PLI’s live seminars qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Illinois: All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Iowa:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Kansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Louisiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Maine:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Minnesota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Mississippi:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Missouri:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Montana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nebraska:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nevada:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Mexico:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live seminars can be used to fulfill the requirements for newly admitted attorneys. All credit categories may be earned via transitional live seminars.

North Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars

North Dakota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Ohio:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oklahoma:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

South Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Tennessee:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Vermont:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live seminars qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wisconsin:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wyoming:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live seminars qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live seminars qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC): PLI’s live seminars can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live seminars qualify as “live” credit. There is no limit to the number of points an attorney can earn via live seminars.

United Kingdom (CPD-UK):  PLI’s live seminars can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live seminars qualify as “live” credit in all Australian jurisdictions. There is no limit to the number of credits an attorney can earn via live seminars.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live seminars may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA): PLI’s live seminars qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE): PLI’s live seminars may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live seminars may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live seminars may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live seminars may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live seminars qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live seminars qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live seminars may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live seminars may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live seminars may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live seminars may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Anne T. Pinedo, Frank J. Weigand, Peter L. Zanolin



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Ozgur B. Kan, Michael A. Skrief



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Ozgur B. Kahn,  Michael A. Skrief



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Jenna O'Brien



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Kevin Haggard, Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

John Cristiano



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa, Michael Wirgin



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Philip J. Antoon, Howard M. Berkower



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Michelle Garcia



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Rick Antonoff, Bruce M. Buchanan



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Lorin L. Reisner, Daniel L. Stein



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Lewis Tesser



5:00 Adjourn

Co-Chair(s)
Anna T. Pinedo ~ Mayer Brown LLP
Frank J. Weigand ~ General Counsel, HSBC Securities (USA) Inc., Head of HSBC Global Markets Legal (Americas)
Peter L. Zanolin ~ Senior Director – Global Compliance & Investigations, Jabil Inc.
Speaker(s)
Rick B. Antonoff ~ Blank Rome LLP
Philip J. Antoon ~ Managing Director, Alvarez & Marsal Taxand, LLC
Howard M. Berkower ~ McCarter & English, LLP
Bruce M. Buchanan ~ Head of Restructuring and Special Situations, Oppenheimer & Co., Inc.
John Cristiano ~ Managing Director, Grant Thornton LLP
Ilene K. Froom ~ Reed Smith LLP
Michelle Garcia ~ Senior Vice President - Corporate Legal, Coty Inc.
Kevin Haggard ~ Managing Director, Miller Buckfire & Co., LLC
Ozgur B. Kan ~ Managing Director, Berkeley Research Group, LLC
Jenna O'Brien ~ CPA, CFE, CIRA, CAMS; Director – Disputes Practice, Duff & Phelps, LLC
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Lorin L. Reisner ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Michael A. Skrief ~ Principal, Forensic Services, PwC
Daniel L. Stein ~ Mayer Brown LLP
Lewis Tesser ~ Tesser, Ryan & Rochman LLP
Michael Wirgin ~ Vice President, Senior Legal Counsel, HSBC Securities (USA) Inc.
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute
General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.

PLI’s live and on-demand webcasts are single-user license products intended for an individual registrant only. Credit will be issued only to the individual registered. If two or more individuals wish to participate in a webcast and receive credit, PLI would be happy to provide a Groupcast – group viewing of a webcast. To schedule a Groupcast, please contact PLI at groupcasts@pli.edu.


U.S. MCLE States

Alabama:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live webcasts qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

California:  PLI’s live webcasts qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live webcasts qualify as “eCLE” credit. Attorneys are limited to 12 credits of eCLE per reporting period.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live webcasts qualify as “in-house” credit. Attorneys are limited to 6 in-house credits per reporting period.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live webcasts qualify as “distance education” credit. Attorneys are limited to 9 credits of distance education per reporting period.

Iowa:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kentucky:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Louisiana:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 4 credits of self-study per reporting period.

Maine:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Minnesota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Mississippi:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Montana:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Nebraska:  PLI’s live webcasts qualify as “computer-based learning” credit. Attorneys are limited to 5 credits of computer-based learning per reporting period.

Nevada:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live webcasts qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live webcasts can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live webcasts. Skills credits may not be earned via live webcasts.

North Carolina:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

North Dakota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Ohio:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Oklahoma:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

South Carolina:  PLI’s live webcasts qualify as “alternatively delivered” credit. Attorneys are limited to 6 credits of alternatively delivered programs per reporting period.

Tennessee:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 8 credits of distance learning per reporting period.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live webcasts qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live webcasts qualify as “online” credit. Attorneys are limited to 12 credits of online instruction per reporting period.

Wisconsin:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Wyoming:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live webcasts qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live webcasts qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live webcasts can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 15 points of distance learning programs per reporting period.

United Kingdom (CPD-UK):  PLI’s live webcasts can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live webcasts may fulfill Australia’s CPD requirements. Credit limits for live webcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live webcasts may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA):  PLI’s live webcasts qualify as the “Group-Internet-Based” (GIB) delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live webcasts may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live webcasts may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live webcasts may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live webcasts may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live webcasts qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live webcasts qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live webcasts may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live webcasts may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live webcasts may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live webcasts may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 8:00 a.m. - 4:00 p.m.

8:00 Opening Remarks

Anne T. Pinedo, Frank J. Weigand, Peter L. Zanolin



8:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Ozgur B. Kan, Michael A. Skrief



9:30 Networking Break

9:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Ozgur B. Kahn,  Michael A. Skrief



11:30 Lunch

12:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Jenna O'Brien



1:30 Networking Break

1:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Kevin Haggard, Anna T. Pinedo



3:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

John Cristiano



4:00 Adjourn

Day Two: 8:00 a.m. - 4:00 p.m.

8:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa, Michael Wirgin



9:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Philip J. Antoon, Howard M. Berkower



10:00 Networking Break

10:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Michelle Garcia



11:15 Lunch Break

12:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Rick Antonoff, Bruce M. Buchanan



1:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Lorin L. Reisner, Daniel L. Stein



2:45 Networking Break

3:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Lewis Tesser



4:00 Adjourn

Co-Chair(s)
Anna T. Pinedo ~ Mayer Brown LLP
Frank J. Weigand ~ General Counsel, HSBC Securities (USA) Inc., Head of HSBC Global Markets Legal (Americas)
Peter L. Zanolin ~ Senior Director – Global Compliance & Investigations, Jabil Inc.
Speaker(s)
Rick B. Antonoff ~ Blank Rome LLP
Philip J. Antoon ~ Managing Director, Alvarez & Marsal Taxand, LLC
Howard M. Berkower ~ McCarter & English, LLP
Bruce M. Buchanan ~ Head of Restructuring and Special Situations, Oppenheimer & Co., Inc.
John Cristiano ~ Managing Director, Grant Thornton LLP
Ilene K. Froom ~ Reed Smith LLP
Michelle Garcia ~ Senior Vice President - Corporate Legal, Coty Inc.
Kevin Haggard ~ Managing Director, Miller Buckfire & Co., LLC
Ozgur B. Kan ~ Managing Director, Berkeley Research Group, LLC
Jenna O'Brien ~ CPA, CFE, CIRA, CAMS; Director – Disputes Practice, Duff & Phelps, LLC
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Lorin L. Reisner ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Michael A. Skrief ~ Principal, Forensic Services, PwC
Daniel L. Stein ~ Mayer Brown LLP
Lewis Tesser ~ Tesser, Ryan & Rochman LLP
Michael Wirgin ~ Vice President, Senior Legal Counsel, HSBC Securities (USA) Inc.
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute
Nashville Groupcast Location

The Nashville Bar Association, 150 4th Avenue, North, Suite #1050, Nashville, TN 37219. (615) 242-9272.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Anne T. Pinedo, Frank J. Weigand, Peter L. Zanolin



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Ozgur B. Kan, Michael A. Skrief



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Ozgur B. Kahn,  Michael A. Skrief



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Jenna O'Brien



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Kevin Haggard, Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

John Cristiano



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa, Michael Wirgin



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Philip J. Antoon, Howard M. Berkower



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Michelle Garcia



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Rick Antonoff, Bruce M. Buchanan



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Lorin L. Reisner, Daniel L. Stein



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Lewis Tesser



5:00 Adjourn

Co-Chair(s)
Anna T. Pinedo ~ Mayer Brown LLP
Frank J. Weigand ~ General Counsel, HSBC Securities (USA) Inc., Head of HSBC Global Markets Legal (Americas)
Peter L. Zanolin ~ Senior Director – Global Compliance & Investigations, Jabil Inc.
Speaker(s)
Rick B. Antonoff ~ Blank Rome LLP
Philip J. Antoon ~ Managing Director, Alvarez & Marsal Taxand, LLC
Howard M. Berkower ~ McCarter & English, LLP
Bruce M. Buchanan ~ Head of Restructuring and Special Situations, Oppenheimer & Co., Inc.
John Cristiano ~ Managing Director, Grant Thornton LLP
Ilene K. Froom ~ Reed Smith LLP
Michelle Garcia ~ Senior Vice President - Corporate Legal, Coty Inc.
Kevin Haggard ~ Managing Director, Miller Buckfire & Co., LLC
Ozgur B. Kan ~ Managing Director, Berkeley Research Group, LLC
Jenna O'Brien ~ CPA, CFE, CIRA, CAMS; Director – Disputes Practice, Duff & Phelps, LLC
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Lorin L. Reisner ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Michael A. Skrief ~ Principal, Forensic Services, PwC
Daniel L. Stein ~ Mayer Brown LLP
Lewis Tesser ~ Tesser, Ryan & Rochman LLP
Michael Wirgin ~ Vice President, Senior Legal Counsel, HSBC Securities (USA) Inc.
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute
New Jersey Groupcast Location

New Jersey Institute for Continuing Legal Education, One Constitution Square, New Brunswick, NJ 08901-1520. 732-249-5100.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

Why You Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information. It will enhance understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers. Practical advice and application of information to actual situations and financial reports will provide participants with opportunities to immediately implement growth and broaden capabilities. The faculty for this program is unusually diverse, including top partners from elite accounting firms and law firms, private equity investors, bankers, consultants and academics.

 

What You Will Learn

• New!  Internal audits: What they do

• New!  Demystifying derivatives

• Key factors shaping financial reporting

• Foundational finance, accounting and economics terminology and principles

• How businesses generate, deploy and manage capital

• How to “navigate” and understand the basic financial statements

• Practical corporate finance concepts — financial ratios and analysis

• The use of valuations and evaluating the financial health of an entity

• Fraud, corruption and regulatory risks

• Case Study: Accounting Fundamentals and Financial Statements in Practice                          

…and more                           

 

Special Feature

• Earn Ethics and Skills credit

• Appropriate for litigation and transactional attorneys

 

Who Should Attend

This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

 

Program Level: Basic

Intended Audience: This program is specifically designed for in-house and law firm attorneys and other professionals who work with financial information.

Prerequisites: A background in business strategies, accounting fundamentals and the preparation of financial information.

Advanced Preparation: None 


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks

Anne T. Pinedo, Frank J. Weigand, Peter L. Zanolin



9:15 Accounting Fundamentals
  • Accounting fundamentals and core concepts
  • What is GAAP/IFRS and where are we headed?
  • Who are the FASB, GASB and PCAOB?
  • What is revenue recognition and why is it important
  • Recent developments in accounting and audit
  • What is an audit vs a review or compilation?

Ozgur B. Kan, Michael A. Skrief



10:30 Networking Break

10:45 Financial Statements in Practice: A Case Study
  • The purpose of financial statements
    • Reporting to stakeholders
    • Comparability
  • Basic financial statements: How they flow together and what they say
    • Income statement
    • Balance sheet
    • Statement of cash flows
    • Statement of shareholders’ equity
  • Accounting and reporting: SEC registered vs. private company accounting and reporting

Ozgur B. Kahn,  Michael A. Skrief



12:30 Lunch

1:30 Internal Audits: What They Do and How They Focus a Company's Strategy
  • What does Internal Audit do?
  • How does Internal Audit help a company meet its strategic objectives?
  • Will an audit catch everything that is wrong at a company?
  • Compliance audits: What is included and what isn't?
  • Internal Audit Report - let's review

Jenna O'Brien



2:30 Networking Break

2:45 Investment Banking Basics: Fundamentals of Capital Structures
  • Common financing alternatives — debt, equity and hybrids
  • Sources of funding — public and private markets
  • Liquidity — raising and deploying capital
  • Finding the Optimal Capital Structure
  • Current marketplace developments

Kevin Haggard, Anna T. Pinedo



4:00 Financial Information Analysis
  • How is financial information used in business strategy                                  
  • Evaluate common financial metrics:
    • Earnings before interest, tax, depreciation and assets (EBITDA)
    • Return on investment (ROI)
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
    • Discount rate
  • The increased focus on non-GAAP metrics
  • Examine the effect of financial metrics on capital structure
  • Case Study: Calculating common financial metrics

John Cristiano



5:00 Adjourn

Day Two: 9:00 a.m. - 5:00 p.m.

9:00 Demystifying Derivatives
  • Explanation of derivatives structures and asset classes
  • U.S. regulatory framework governing derivatives
  • Who uses derivatives and why?

Ilene K. Froom, Subadra Rajappa, Michael Wirgin



10:00 What is it Worth? Valuations
  • Examine the concept of “value”
  • Understand historical financial analysis
  • Explore valuation approaches
  • Learn what to look for in a valuation
  • Apply valuation methodologies in the context of M&A, fairness opinions, disputes, commercial damages, debt capacity, etc.
  • Case Study: Walk through a valuation report

Philip J. Antoon, Howard M. Berkower



11:00 Networking Break

11:15 Closing the Transaction: Practical Legal Considerations
  • Getting to closing: Transaction timing overview and common closing conditions
  • Evaluate due diligence challenges: Commercial, legal and tax considerations
  • Explore effective negotiation strategies
  • Common deal types with unique considerations: RWI Insurance, public deals and carve-out transactions
  • Common negotiation sticking points: Working capital adjustments, public deal fiduciary outs and earn-outs

Michelle Garcia



12:15 Lunch Break

1:15 Evaluating the Financial Health of an Entity
  • Analyze the indicators and causes of financial distress
    • Solvency
    • Liquidity
    • Financing
    • Bankruptcy
  • Evaluate the restructuring process and alternatives
    • Out-of-court
    • Chapter 11 reorganization
    • Assignments for benefit of creditors (ABCs)
  • Capital structure concerns
  • Identify the stakeholders
  • Determine the impact on constituents (employees, creditors, suppliers, customers)
  • Explore real estate considerations
  • Case Study: A company in distress

Rick Antonoff, Bruce M. Buchanan



2:30 Regulatory and Legal Compliance in International Business and Trade
  • Threats companies face today:
    • Sanctions & export controls
    • AML compliance
    • Anti-corruption and bribery (e.g. FCPA, UK Bribery Act)
    • Restrictions on trade (e.g. tariffs)
    • Tax compliance & enforcement
    • Cybersecurity
  • Cross-border enforcement landscape and developments
  • How to prioritize compliance resources
  • What corporate compliance looks like in different industries

Lorin L. Reisner, Daniel L. Stein



3:45 Networking Break

4:00 Ethical Considerations for Counsel in the Business World
  • What exposure does counsel have for participating in the negotiation and execution of contracts?
  • Protecting sensitive information and responding ethically to opponents’ probes for it
  • The reach of the duty of confidentiality, and the obligation of disclosure of mistakes
  • Misrepresentation, fraudulent nondisclosure and omissions  - ethical challenges
  • Responsibilities of the firm/legal department for a supervising and/or subordinate attorney’s ethical lapse
  • Discovery Ethics: Use of social media, and recording conversations
  • When is fee sharing permissible?

Lewis Tesser



5:00 Adjourn

Co-Chair(s)
Anna T. Pinedo ~ Mayer Brown LLP
Frank J. Weigand ~ General Counsel, HSBC Securities (USA) Inc., Head of HSBC Global Markets Legal (Americas)
Peter L. Zanolin ~ Senior Director – Global Compliance & Investigations, Jabil Inc.
Speaker(s)
Rick B. Antonoff ~ Blank Rome LLP
Philip J. Antoon ~ Managing Director, Alvarez & Marsal Taxand, LLC
Howard M. Berkower ~ McCarter & English, LLP
Bruce M. Buchanan ~ Head of Restructuring and Special Situations, Oppenheimer & Co., Inc.
John Cristiano ~ Managing Director, Grant Thornton LLP
Ilene K. Froom ~ Reed Smith LLP
Michelle Garcia ~ Senior Vice President - Corporate Legal, Coty Inc.
Kevin Haggard ~ Managing Director, Miller Buckfire & Co., LLC
Ozgur B. Kan ~ Managing Director, Berkeley Research Group, LLC
Jenna O'Brien ~ CPA, CFE, CIRA, CAMS; Director – Disputes Practice, Duff & Phelps, LLC
Subadra Rajappa ~ Managing Director, Head of US Interest Rate Strategy, Société Générale
Lorin L. Reisner ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Michael A. Skrief ~ Principal, Forensic Services, PwC
Daniel L. Stein ~ Mayer Brown LLP
Lewis Tesser ~ Tesser, Ryan & Rochman LLP
Michael Wirgin ~ Vice President, Senior Legal Counsel, HSBC Securities (USA) Inc.
Program Attorney(s)
Stephanie N. Figueroa ~ Program Attorney, Practising Law Institute
Cleveland Groupcast Location

The Cleveland Metropolitan Bar Association, 1375 E. 9th Street – Floor 2, Cleveland, Ohio 44114. 216-696-2404.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  All PLI products can fulfill Washington’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Alberta (CPD-ALBERTA):  All PLI products can fulfill Alberta’s CPD requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

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Pocket MBA 2018: Finance for Lawyers and Other Professionals Peter L. Zanolin, Jabil Inc.
Philip J. Bach, Stepan Company
Rajay Desai, Deloitte & Touche LLP
Anna T. Pinedo, Mayer Brown LLP
Frank J. Weigand, Head of HSBC Global Markets Legal (Americas)
Rodin M. Hai-Jew, Kirkland & Ellis LLP
Paul W. Anderson, Kirkland & Ellis LLP
 
Pocket MBA 2017: Finance for Lawyers and Other Professionals Peter L. Zanolin, Jabil Inc.
Jared Thear, Deloitte & Touche LLP
Philip J. Bach, Top Jar, LLC
Kevin L. Morris, Kirkland & Ellis LLP
Laura A. Kaufmann Belkhayat, Skadden, Arps, Slate, Meagher & Flom LLP
Frank J. Weigand, Head of HSBC Global Markets Legal (Americas)
Rodin M. Hai-Jew, Kirkland & Ellis LLP
 
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