CLIH Cross border Issues

CLIH 2021 DEC/JAN Cross border Issue

Legal news and trends for Canadian in-house counsel and c-suite executives

Issue link: https://digital.canadianlawyermag.com/i/1434480

Contents of this Issue

Navigation

Page 12 of 35

www.canadianlawyermag.com/inhouse 11 Bright minds protecting bright ideas since 1893 Ranked as one of Canada's top IP law firms in both Canadian and international surveys of in-house counsel, we understand the business of innovation and the vital role that IP plays in today's competitive, market-driven economy. ridoutmaybee.com TORONTO | OTTAWA | BURLINGTON PATENTS | TRADEMARKS | INDUSTRIAL DESIGNS | COPYRIGHT | IP LITIGATION mostly just talking to the people you need to talk to about some specific task." To stay connected outside of work, the team partici- pates in events such as go-carting and reaches out to chat without any specific agenda. Ironically, Fushman found the early stages of the pandemic to be particularly rewarding, despite the stress. "All of us were in the storm together, working harder than we ever had, but really rowing together in perfect sync — everyone communi- cating well, totally aligned to the goal of supporting our front-line construction workers, keeping our projects going and making sure we were maximizing our recoveries," he says. Fushman and his team recently developed a proprietary algorithm to assess risk in turnkey engineering, procurement and construction contracts — through which the company hires the contractor to deliver a system such that you simply "turn the key," and it works. "The challenge is that not all EPC or turnkey projects have the same risk profile — and you can miss good opportunities if you just say the risk of turnkey projects is too great," says Fushman. Together with associate general counsel Ernie Chan, Fushman developed a checklist of questions that generate a green, yellow or red response to provide a frame of reference, from a risk management perspec- tive, about which jobs to pursue and how to price them. Fushman's team is also working hard to strengthen cybersecurity to mitigate the risk of attacks. They recently ran a tabletop simulation which Fushman recommends as a best practice. Fushman plans to focus on staying ahead of the rapidly evolving sustainability space to ensure Aecon stays at the front of the pack in the year ahead. He also wants to guide his team members as they continue to be strategic advisors and refine their ability to hone in on critical issues that will be business drivers for Aecon. Fushman says: "We have to constantly come up for air and ask ourselves: 'Am I doing the most important thing for the company I can right now? Am I adding value?' You provide the best value for your client when you block out the noise and just focus on the few issues that really matter — which very often are the issues nobody is talking about."

Articles in this issue

Links on this page

Archives of this issue

view archives of CLIH Cross border Issues - CLIH 2021 DEC/JAN Cross border Issue