The Wynn hotel in Las Vegas was the venue for NARCA’s Annual Fall Conference, held October 23-25, 2014. Randy Nicola and Kacey Rask were The National List’s lucky attendees. We hope you were able to see them there. As always, the NARCA Conference offered several excellent networking opportunities. Our main purposes in attending this and other conferences is to network with and to work on behalf of you, our members and clients, to make introductions and new friends, and to get to know the people that we work with in a more personal way than just over the phone.
Thursday evening, there was a reception for first-time attendees and new NARCA members. A Grand Opening Reception in the Exhibit Hall provided an excellent networking opportunity, as well as a chance to see what’s new from industry vendors. Friday morning, an early session called “Practice Group Networking Opportunities gave attendees a chance to meet with colleagues from their collection practice areas. That evening, there was an Exhibitor Hall Happy Hour followed by a James Bond themed special event held in the Tryst Nightclub. Breakfasts, lunches and breaks were also good networking opportunities.
Client meetings by-invitation-only provided a time for the creditors to meet with their attorneys, share visions and changes that are taking place in the industry. Many of the creditors and legal networks provide awards to their attorneys for meeting their goals and expectations.
Randy reported, “I personally made many introductions between National List lawyers and other law firms that have an interest in expanding their footprint into other states. Their clients are asking them to ‘expand their territory of coverage.’”
As one might expect, much talk and energy centered on compliance and regulations. “The word on the street is the Consumer Financial Protection Bureau (CFPB) will produce their Do’s and Don’ts within the next 18-24 months,” Randy observed.
Until Fall 2015, NARCA is making Conference Materials available on their mobile app or from your desktop or laptop computer by using the link provided in conference materials. For additional assistance or a copy of the link, please contact Lisa Linke at firstname.lastname@example.org. Videos from the sessions and conference pictures will be available in the coming weeks under the Members Only section under Events & Education/Past Event Video & Photo.
If you didn’t get to attend these sessions, you might want to look them up on the NARCA website, or you can find additional information on the topics in past NL blogs (click on the related link):
- Straws, Sticks or Bricks? Laying a Strong Foundation for Your Compliance Management System (See also, “Is your CMS up-to-date with the new CFPB requirements?”)
- Conflict Resolution: Streamlining Vendor Management (See also “Why you need 3rd Party Vendor Management.”)
- New Avenues for Revenue (See also “Diversity, Diversity, Diversify.”)
See You Next Time
Kacey and Randy both appreciated the opportunity to connect face-to-face with current and prospective clients and members. They agree that NARCA does a very nice job of putting together a worthwhile event that meets the needs of their members. We hope you will connect with NL staff members at future NARCA and other industry conferences.