D-5: Legal Swords and Insurance Shields: A Lawyers and Insurance Brokers Guide to Risk Mitigation

NAB; HRCI – 1  Credit Hour | Wednesday, June 5th. 1:15 PM – 2:15 PM

Session Description:

In an ever-evolving legal landscape, businesses that provide aging services face a myriad of challenges and potential pitfalls that can have significant ramifications. This session aims to provide a comprehensive understanding of the importance of risk management and practical strategies to minimize exposure. The session will outline the current legal environment, highlighting key regulatory and statutory trends, and recent legal developments that impact the aging services industry. This contextual overview sets the stage for a deeper exploration of the critical role legal risk mitigation plays in maintaining a resilient and compliant business. The core focus of the session will then shift towards proactive legal risk management. Attendees will be introduced to a structured framework for identifying, assessing, and prioritizing legal risks specific to the industry. Furthermore, the session will address the role of insurance as a tool for mitigating legal risks. Participants will gain an understanding of the types of insurance coverage available, the importance of tailored policies, and the role of insurance in protecting against unforeseen legal challenges. The main sections of the presentation include Identification of Legal Risks; Building a Compliance Framework; Crisis Management and Contingency Planning; Insurance and Risk Transfer; Continuous Improvement and Adaptation. Attendees will leave with a heightened awareness of potential legal risks, equipped with the knowledge and tools to proactively address and minimize these risks within their respective organizations.

Learning Objectives:

Develop risk mitigation strategies

Cite a roadmap for members to follow when claims arise

Describe structures and protocols that will mitigate potential legal liability

Speakers:

Jeffrey Daitz, Partner and Co-Chair Labor & Employment Dept. Hall Booth Smith, P.C.

Jeffrey M. Daitz is a Partner in Hall Booth Smith, P.C.’s Saddle Brook, New Jersey office, Co-Chair of the Labor and Employment Law Group, as well as Co-Director of the Employment Practices Liability Insurance Defense Department. Jeffrey is admitted to practice law in New Jersey, New York, and Pennsylvania, as well as the Third Circuit Court of Appeals and Supreme Court of the United States. Jeffrey earned a Juris Doctorate from Seton Hall University School of Law. He holds a Bachelor of Arts degree from Temple University where he majored in Accounting, Finance and Economics. Jeffrey is a long-time participant in the LeadingAge organization and partner of LeadingAge New Jersey & Delaware. He has more than two (2) decades of experience in employment law, labor management relations, and alternative dispute resolution. Jeffrey’s nationwide practice is focused on defending employers in Employment Practices Liability Insurance (EPLI) matters and Directors & Officers (D&O) claims, and he also monitors claims on behalf of carriers. He is often brought in to coordinate local and co-counsel in multiparty and multi-jurisdiction litigation.