Drinker Biddle & Reath LLP recently launched a Leadership Excellence program (LEAD) which provides our lawyers and senior professionals with opportunities to assess their current skills and design strategies for their own education and growth. Today’s leaders face challenges of unprecedented scale and complexity. In representing clients, shaping public policy, and leading corporate, government, and non-profit organizations, our current lawyers and alumni confront society’s most urgent unsolved issues. LEAD is designed to provide those in our community with the skills necessary to not only succeed in these roles but to excel.

Join us in one of our offices for an upcoming program. Each program will be live where noted below and available live via videoconference in all other offices. You may also choose to view a program via webinar.

RSVP to Abby Raanan at Abby.Raanan dbr.com. Please include the office location where you will attend or if you wish to take advantage of a session via webinar.

CLE: CLE credits, when offered, are indicated below each program description. This information will be updated as state approvals are received.

Writing to Capture Clients

There are two kinds of writing: captive and non-captive. Captive writing is for the court, who is required to read it. Non-captive writing is different: reading is optional. No one has to read it. These are your business development pieces like blog posts, client alerts, and articles. If you don’t grab your readers immediately—in the first paragraph, usually—and if you don’t explain why the topic is even relevant to them, they’ll exercise that option and stop reading. And they won't come back. The problem with non-captive legal writing is that too often it looks like captive writing. Who wants to read an article that looks like a brief? In this interactive seminar, Ben Opipari will teach you how to craft business development pieces with attention-getting introductions and engaging writing that caters to the needs of your readers.

CLE: CLE has been approved in the following states: PA, DE, NY, NJ, IL, CA. It has been applied for in TX and VA.

Monday, April 29, 2019: 1:00 – 2:30 p.m. EST. Live in Chicago. Live videoconference in all other offices.

Thursday, May 9, 2019: 12:00 – 1:30 p.m. EST. Live in Washington, D.C. Live videoconference in all other offices.

Emotional Intelligence Trainings – Part I and Part II

Attorneys and professionals will learn how understanding and managing emotions is integral to the practice of law, but also to their ability to function as effective and competent leaders and lawyers. The program also will discuss how the legal profession and legal education currently addresses the conflict between emotion and reason, describe what emotional intelligence is, and provide practice strategies for increasing their own emotional intelligence.

Part I will focus on providing participants with an understanding of how emotional intelligence is applicable to their lives and practice, develop greater self-awareness through learning to identify and understand emotions in themselves and others, and gain tools and strategies to effectively manage their emotions. Part II will focus on how to use the self-awareness and social awareness to achieve the performance and outcomes that they want for themselves and those around them. They learn skill development for self-management, relationship management, and influence.

CLE: Ethics CLE has been approved in the following states: PA, DE, NY, NJ, IL, CA. It has been applied for in TX and VA.

Chicago – Part I: April 29, 2019: 5:30 – 7:00 p.m. CST. Live in Chicago only.

Stay tuned for other dates this summer. Both parts will be coming back around our offices.

Outer Order Inner Calm with Gretchen Rubin

Please join us for a discussion with the bestselling author of The Four Tendencies and The Happiness Project, Gretchen Rubin, as she illuminates one of her key realizations about happiness: For most of us, outer order contributes to inner calm. And for most of us, a rigid, one-size-fits-all solution doesn’t work. In this easy-to-read but hard-to-put-down book, Gretchen Rubin suggests more than 150 short, concrete clutter-clearing ideas so each reader can choose the ones that resonate most. The fact is, when we tailor our approach to suit our own particular challenges and habits, we’re far more likely to be able to create the order that will make our lives happier, healthier, more productive, and more creative.

CLE: No CLE credit is available for this session but lunch and a copy of the book will be provided.

May 22, 2019: 12:00 – 1:30 p.m. EST. Live in Philadelphia. Live videoconference in all other locations.

Financial Statement Training for Lawyers

A basic understanding of financial statements is often key to serving business clients effectively. A great deal of litigation, practically all restructurings, most M&A transactions, financings - almost all transactions require that lawyers understand finance and financial statements. Focus is on how the knowledge of financial statements and financial reporting is relevant to legal practices. The course identifies the content of financial statements, including their nuances, biases and shortcomings, and the value provided by the accompanying notes. The course not only provides participants with the foundation to acquire fundamental skills and derive maximum benefit from our more advanced courses.

Part 1:

A) Overview of financial statements

  • Purpose of financial statements
  • Judgment involved
  • Link between balance sheet, income statement and statement of cash flow
  • Footnotes

B) Detailed walk through of Balance Sheet

  • Asset valuation
  • Intangible vs. tangible asset reporting and Goodwill
  • Leverage and capital structure
  • Equity reporting
  • How to read balance sheet footnotes

CLE: CLE has been approved in the following states: PA, DE, NY, NJ, IL, CA. It has been applied for in TX and VA.

Thursday, June 6, 2019: 12:00 – 2:00 p.m. EST. Live in Philadelphia. Live videoconference from all other offices.

Tuesday, June 18, 2019: 12:00 – 2:00 p.m. EST. Live from New York. Live videoconference from all other locations.

Part 2:

A) Understanding Earnings and Cash Flow

  • Differences between Income Statement and Cash Flow
  • Revenue Recognition
  • Profit vs. Cash Flow From Operations vs EBITDA
  • Liquidity vs Profitability

B) Financial Statement Analysis

  • Comp analysis
  • Basic ratio analysis
  • Valuation metrics

CLE: CLE has been approved in the following states: PA, DE, NY, NJ, IL, CA. It has been applied for in TX and VA.

Friday, June 7, 2019: 12:00 – 2:00 p.m. EST. Live from Philadelphia. Live videoconference from all other locations.

Wednesday, June 19, 2019: 12:00 – 2:00 p.m. EST. Live from New York. Live videoconference in all other locations.

Advanced Financial Topics: Mergers & Acquisitions

Explains the complex accounting rules present in every business combination including goodwill, step-up to fair value impact, in-process R&D, push-down and recap accounting, exit and integration cost issues, and deferred tax liability consequences. Valuation - An overview of how finance professionals value companies. Issues are explored from both the buyer’s and seller’s perspective. Valuation methodologies are discussed in detail, with a focus on the “soft spots” in each of the methods in use.

  • Pre deal considerations
  • Valuation context
  • Comparable Multiples methodology
  • Precedent Transactions methodology
  • DCF methodology
  • Fair value allocation and goodwill
  • Contingent consideration
  • Purchase price adjustments

CLE: CLE has been approved in the following states: PA, DE, NY, NJ, IL, CA. It has been applied for in TX and VA.

Thursday, June 6, 2019: 3:00 – 5:00 p.m. EST. Live in Philadelphia. Live videoconference in all other locations.

Tuesday, June 18, 2019: 3:00 – 5:00 p.m. EST. Live in New York. Live videoconference in all other locations.

Advanced Financial Topics: Accounting Gamesmanship

While not accountants, lawyers who can protect their clients, the Firm, and themselves from financial reporting which obscures rather than reports a client’s financial reality is a distinct asset. Sixteen techniques are exposed using well-known companies as examples.

  • Overview and Context
  • Accounting Rules
  • Earnings manipulation: Revenue
  • Earnings manipulation: Expenses
  • Red flags

Friday, June 7, 2019: 3:00 – 5:00 p.m. EST. Live in Philadelphia. Live videoconference in all other locations.

Wednesday, June 19, 2019: 3:00 – 5:00 p.m. EST. Live in New York. Live videoconference in all other locations.