DUBLIN, May 3, 2019 /PRNewswire/ — The “Effectively Managing Legal Risk and Preserving Reputation” conference has been added to ResearchAndMarkets.com’s offering.
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Legal risk is just part of the framework of risk and reward which business people have to manage. Once an organisation establishes a legal or risk department, there can be a tendency for business people to abdicate responsibility and the in-house lawyer effectively confiscates the management of legal risk. Poor management of legal risk can impair the prosperity and growth of a business by an accumulation of ineptitude or the drama of a showstopper.
It is undeniable that an organisation will be more agile in today’s demanding environment if it is:
- Equipped with a good understanding of the legal implications of actions (or inactions) and the commitments entered into
- Involving lawyers in the right things at the right time
In today’s uncertain world with political upheaval having an impact on regulatory regimes and contractual commitments, legal risk can be exacerbated by making assumptions that prove to be flawed. Brexit is just one example of this. Whilst in-house lawyers cannot reliably…
