From Psychological Well being to Enterprise Well being – Why Danger Well being Checks Are Extra Necessary Than Ever
“The landscape has changed and companies need to investigate the damage before they can proceed,” says consultancy Avonhurst
LONDON – The pandemic has had a disastrous impact on people and businesses, but taking the time to assess the impact can lead to incredible opportunity, according to innovative consultancy Avonhurst.
“Difficulties often prepare ordinary people for an extraordinary fate” – CS Lewis.
That advice comes as Avonhurst launches its new RESOLUTION Services, a specialized contentious company that brings together leading practitioners to solve complex problems, whether through litigation, arbitration, or before regulatory or law enforcement agencies. The launch follows a number of high profile hires, including former White & Case Head of Litigation John Reynolds and Regulatory Investigations, as well as white-collar crime specialist Audrey Koh as partner (with Reynolds as Head of Disputes for the firm) and Paul Martenstyn of Prosperant as senior advisor.
The service includes a groundbreaking new offering for sophisticated capital, Avonhurst Health Checks. The Resolution Services team works with Avonhurst’s Advisory Services team to analyze compliance risks, programs and cultures against the backdrop of evolving geopolitical challenges to address deficiencies and protect against future problems.
Dr. Pippa Malmgren, Avonhurst Senior Advisor and Former White House Adviser to GW Bush, comments:
“After a series of storms, there will certainly be some damage. Some things will break, whether contracts or supply chains, compliance frameworks, friendships or business models. We also cannot be surprised to find evidence of white-collar crime and fraud. The choice is to hope for the best and wait for these issues to become apparent, or to properly investigate the situation and repair the damage so the company can move forward with confidence.
“The focus on resilience and adaptability is now shifting to resolution and acceleration. The least likely scenario is usually what most planned for. The most likely scenario is the one that most are least prepared for. What is unexpected now? A global recovery that offers unique opportunities.
“Now all sorts of health checks need to be done, from mental health checks to compliance, ESG and balance sheet health checks.”
“Avoidance is just as much a part of the settlement as a formal dispute or regulatory process. With companies in the UK and Europe back in physical presence, Avonhurst’s Risk Health Check helps clients identify risks that may have evolved as a result of structural and geopolitical developments over the past 18 months. “
Jonathan Bloom, Avonhurst Chief Executive, said:
“In all areas of life, we know that prevention is better than cure – and ignoring potential problems only causes them to escalate. We receive personal health checks; our cars get TÜV – but how often do companies do their own health checks? Our revolutionary new solution service offering is not only about resolving challenging capital disputes as effectively as possible, but also ensuring that avoidable conflicts do not arise in the first place. Resolution Services and Advisory Services work together to provide an integrated approach to providing Avonhurst Health Checks – checks designed to uncover current problems and protect against future problems. In a time of global uncertainty, there is no reason to be unsure about your company, its compliance framework or your ESG program. “
CONTACT FOR MORE INFORMATION Kathryn Adamson, Kathryn@legalcomms.com, mobile (+44) 0771 713 3595
NOTES TO EDITORS
Founded in July 2019 with an extensive portfolio of clients, Avonhurst aims to meet the changing needs of discerning capital by delivering a bespoke offering that includes legal, legal / political risk advice and capital services. A group of market-leading founders and influencers from the legal world have created a revolutionary consulting firm that helps funds, capital providers, corporate borrowers and issuers, and secured lenders navigate the complexities of ever-changing markets.
Avonhurst’s unique combination of legal advice and political analysis was recognized as a finalist in the Financial Times Innovative Lawyer Awards 2020 and the British Legal Awards as “Boutique Law Firm of the Year 2020”.
Dr. Philippa (Pippa) Malmgren is a former White House advisor to GW Bush and was also a member of the National Economic Council. She was a juror at the Queen’s Enterprise Awards and has lectured at Sandhurst, Duke Fuqua GEMBA, INSEAD, UT Austin and Tsinghua University in Beijing. To the books of Dr. Malmgren, a best-selling author, includes Signals: How Everyday Signs Can Help Us Navigate the World’s Turbulent Economy and (with Chris Lewis) The Leadership Lab (Business Book of the Year 2019) and The Infinite Leader. She was also named a Leading Woman in Tech by We Are Tech Women and one of the Top 50 Women in Tech by AccelerateHer.
RESOLUTION is Avonhurst’s specialized contentious business that brings together leading practitioners to solve complex problems, whether through litigation, arbitration, or before regulatory or law enforcement agencies. It offers distinctive international settlement and investigation services supported by unique advisory solutions and tailored to the new world of disputes.