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Corporate Governance: How to Serve on Corporate Boards and the Legal Framework Surrounding D&O Insurance, Including Ethical Considerations (2025 Edition)

2025-01-22 14:00:00

2025-01-22 14:00:00

2 Credits

Comprehensive overview of D&O insurance fundamentals and practical guidance for attorneys seeking board positions, including ethical considerations.

2025-01-22 14:00:00

Comprehensive overview of D&O insurance fundamentals and practical guidance for attorneys seeking board positions, including ethical considerations.

2025-01-22 14:00:00

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1000+

Live stream programs

24/7

Access to live webinars & recordings

70,000+

Trusted by Legal Professionals

1000+

Live stream programs

24/7

Access to live webinars & recordings

70,000+

Trusted by Legal Professionals

Course Overview

Mastering D&O Insurance and Board Service

Participants will learn D&O insurance fundamentals and strategies for securing board positions. These skills enable attorneys to protect organizational interests while advancing their careers.

Key topics that will be covered

What will you learn

Attorneys will learn the legal framework of D&O coverage, including claim definitions, reporting requirements, defense obligations, and common exclusions in insurance policies.

What will you gain

Attorneys will gain practical guidance on positioning themselves for board service, understanding fiduciary duties, and navigating ethical considerations unique to lawyer board members.

D&O Coverage
Protects companies and management from claims arising from business conduct decisions.
Reporting Claims
Timely notice to insurers is critical; late reporting can jeopardize coverage entirely.
Board Benefits
Board service offers professional development, networking, supplemental income, and strategic involvement.
Fiduciary Duties
Board members owe duties of care, loyalty, and confidentiality to the organization.
Legal Conflicts
Attorneys must address concurrent conflicts between board service and legal practice obligations.
Dual Role Risks
Serving as both attorney and board member creates potential insurance coverage gaps.

What will you learn

Attorneys will learn the legal framework of D&O coverage, including claim definitions, reporting requirements, defense obligations, and common exclusions in insurance policies.

What will you gain

Attorneys will gain practical guidance on positioning themselves for board service, understanding fiduciary duties, and navigating ethical considerations unique to lawyer board members.

Agenda

Session 1

Legal Framework Surrounding D&O Insurance Coverage

Session 2

Guide for Lawyers Seeking Board Positions

clock 2:00 pm - 3:00 pm EST

Legal Framework Surrounding D&O Insurance Coverage

Alexander I. Loy

Ver Ploeg & Marino

Kimberly D. Lerman

Consilio LLC

Megan E. Nelson

Consilio LLC

This session provides a comprehensive overview of Directors and Officers insurance, including coverage definitions, claim requirements, and the critical distinctions between claims-made and occurrence policies. Attendees will learn about common pitfalls in the reporting process, defense obligations, and how exclusions and limitations can impact coverage availability.

Alexander I. Loy

Ver Ploeg & Marino

Kimberly D. Lerman

Consilio LLC

Megan E. Nelson

Consilio LLC

clock 3:10 pm - 4:10 pm EST

Guide for Lawyers Seeking Board Positions

Alexander I. Loy

Ver Ploeg & Marino

Kimberly D. Lerman

Consilio LLC

Megan E. Nelson

Consilio LLC

This session explores the benefits, responsibilities, and risks of board service for attorneys, covering public, private, and nonprofit board types. Participants will learn how to position themselves for appointments, understand fiduciary duties, and navigate special ethical considerations including ABA Model Rules 1.1, 1.7, and 1.13 that apply when lawyers serve on boards.

Alexander I. Loy

Ver Ploeg & Marino

Kimberly D. Lerman

Consilio LLC

Megan E. Nelson

Consilio LLC

01 02
Prev
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speakers

Joe Ervin

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Kevin Foley

Reminger Co
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Grant H. Lawson

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Alexander I. Loy

Ver Ploeg & Marino

Kimberly D. Lerman

Consilio LLC

Megan E. Nelson

Consilio LLC

Alexander I. Loy

Ver Ploeg & Marino

Alexander Loy represents first and third-party insureds in coverage disputes, with litigation experience covering health care, commercial law, and financial services. He counsels clients on complex issues and advances their interests in and out of the courtroom.

Education & Credentials

Graduate of Trinity College (Hartford, CT) and Albany Law School of Union University, where he served as the Note and Comment Editor for the Albany Law School Journal of Science and Technology.

Recognition & Leadership

Represented the United States in the Lightweight Men's Quadruple Sculls (LM4X) at the 2018 World Rowing Championship Regatta in Plovdiv, Bulgaria.

Experience

Routinely litigates coverage under high-limit commercial and liability policies including multi-layer property policies. Represents clients in business interruption, property, liability, life & disability claims in state and federal court. Former member of the Immigration Branch of the Albany Law Clinic and Justice Center. Clerked for the Office of the Albany County District Attorney.

Alexander I. Loy

Ver Ploeg & Marino

Alexander Loy represents first and third-party insureds in coverage disputes, with litigation experience covering health care, commercial law, and financial services. He counsels clients on complex issues and advances their interests in and out of the courtroom.

Education & Credentials

Graduate of Trinity College (Hartford, CT) and Albany Law School of Union University, where he served as the Note and Comment Editor for the Albany Law School Journal of Science and Technology.

Recognition & Leadership

Represented the United States in the Lightweight Men's Quadruple Sculls (LM4X) at the 2018 World Rowing Championship Regatta in Plovdiv, Bulgaria.

Experience

Routinely litigates coverage under high-limit commercial and liability policies including multi-layer property policies. Represents clients in business interruption, property, liability, life & disability claims in state and federal court. Former member of the Immigration Branch of the Albany Law Clinic and Justice Center. Clerked for the Office of the Albany County District Attorney.

Kimberly D. Lerman

Consilio LLC

Kimberly Lerman is a Talent Manager of Lawyers On Demand, a Consilio company, helping to match attorneys with clients who need contract attorney assistance at law firms, corporate legal departments, and government agencies.

Professional Involvement

Co-Chair of the Duke Atlanta Women's Forum. Member of the Duke Law Atlanta Board. Volunteers with Emory Career Connections as a speaker and mentor for current Emory students considering a career in law.

Experience

Prior to recruiting in 2015, spent 15 years practicing law in Atlanta. Served as Vice President & Associate General Counsel for a large company in Atlanta. Seven years of in-house experience. Worked as a litigation associate at King & Spalding and Eversheds Sutherland. Member of the Hiring Committee at Eversheds Sutherland from 2005-2007.

Megan E. Nelson

Consilio LLC

Megan E. Nelson is a Talent Manager at Lawyers On Demand, a Consilio company, where she matches top-tier attorneys with corporations and law firms in need of flexible legal talent. She began her legal career in medical malpractice litigation before being recruited into the legal staffing industry in 2007. Since then, she has worked with a wide range of clients from prestigious law firms to cutting-edge technology companies and prominent government agencies helping legal professionals navigate their careers at every stage, from securing their first post-J.D. role to staffing interim General Counsel positions for organizations undergoing change.

Education & Credentials

Megan earned her J.D. from Chicago-Kent College of Law and her B.S. from the University of Wyoming.

Recognition & Leadership

Megan's consistent ability to provide high-quality candidates and build long-lasting relationships with both clients and candidates reflects her dedication to understanding the needs of the broader legal market throughout her career in the legal staffing industry.

Professional Involvement

Megan is engaged in the legal talent and staffing community through her work at Lawyers On Demand, a Consilio company, where she serves clients across law firms, technology companies, and government agencies.

Experience

Prior to her current role, Megan served as Managing Director of the Interim Practice Group at Major, Lindsey & Africa and as Managing Director at Hire Counsel. She began her professional career practicing medical malpractice litigation before transitioning into legal talent placement in 2007.

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