Whether to decide on a potential settlement or evaluate how legal risks may impact the long-term value of corporate strategies, in-house counsel are frequently expected to demonstrate business acumen and sound financial decision-making skills. During this session, experienced faculty from Boston University Questrom School of Business will help you sharpen your ability to make choices that rely on a rational financial-decision making process rather than the proverbial gut feeling. Faculty will discuss how to take into account external and internal factors that affect the longer-term profitability of the organization, in order to identify the decision that offers the best value. Faculty will also explain step-by-step how to understand the balance sheet, income statement and statement of cash flow, and how to identify red flags that signal financial difficulties or accounting problems.