In fast-moving environments, risk decisions often sit at the intersection of legal judgment and commercial ambition. This fishbowl session invites in-house counsel and business leaders to unpack how risk is assessed, owned, and communicated - and who ultimately gets to decide. Through interactive dialogue and real-world scenarios, it will explore how legal and business functions can align or diverge in navigating uncertainty, accountability, and strategic choice. Join us to gain a deeper understanding of what shared ownership truly looks like.

Discussion points will likely include:

• Who owns the risk decision?: when legal identifies a significant risk but the business sees a compelling opportunity, who should have the final say and where should accountability sit?
• Defining risk appetite in practice: how can legal teams help organisations understand the difference between risks that should be avoided and risks that can be accepted in pursuit of growth?
• When legal and commercial priorities collide: what should happen when legal advice and business objectives point in different directions, and how can those tensions be managed constructively?
• The role of legal beyond risk mitigation: should legal leaders act primarily as guardians against risk, or as strategic partners helping the business take informed and calculated risks?
• Making decisions under uncertainty: how can organisations assess and communicate risk effectively when information is incomplete, circumstances are changing rapidly and there is no clear precedent?
• Creating a culture of shared accountability: what does effective collaboration between legal and business teams look like, and how can organisations ensure that risk ownership is understood and aligned across functions?