December 2016
Intermediate to advanced
232 pages
5h 55m
English
How to articulate legal risk to your business
Legal risk is the risk of financial or reputational loss that can result from lack of awareness or misunderstanding of, ambiguity in, or reckless indifference to, the way law and regulation apply to your business, its relationships, processes, products and services.
Legal risk is ill-defined and poorly understood in business. Surveys carried out by international law firm Berwin Leighton Paisner in 2013 and global professional services firm Ernst & Young in 2016 provide evidence of a striking lack of confidence in understanding legal risk; and a similar lack of confidence in businesses’ ability to prevent legal loss. There are many ways in which legal ...
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