Agenda

Overview
Implementation Schedule
Synergy Summary
Key Organizational Changes
Key Issues & Assumptions
Necessary Process Maps

Overview

Purpose - Consolidate Legal And Risk Management Functions Between Organizations To Gain the Most Leverage And Efficiency

Objective - Implement Change With Minimal Disruption

Value Drivers - Leverage Combined Resources And Insurance Portfolio

Main Synergies - Reduce Insurance Costs

Main Costs - None

Risks - Minimal

Synergy Summary

Projects/ actions

Reduction of IP paralegal (salary & fringe)

Reduction in National Counsel Legal Expenses

Elim of bank charges related to workers comp LOC

Reduction in Insurance Broker Fees

Reduction in Workers Comp Insurance Costs

Reduction in Liability Insurance Costs

Reduction in Exec & Misc. Risk Insurance Costs...

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