Legal risk management
Legal Risk Management
Legal risk management is vital to any organization’s success. In today’s highly globalized and regulated economy, private and public organizations face a complex myriad of laws and regulations. In view of this fact, a process designed to detect and prevent regulatory and business compliance malfunction is crucial. How organizations handle legal risk management will be the difference between success and failure.
An abundance of legal consequences dovetail with the daily operations of companies such as the supply chain, manufacturing, distribution, protection of intellectual property, brand protection (online or offline), pending and threatened litigation, product liability, sales and marketing practice, insurance, real estate regulation, labor and human resources practices, industry regulation and corporate issues arising from the board of directors, secretaries and shareholders of companies; all of which can be identified, prevented and managed.