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Risk Management in the Legal profession

 

Author:
Frank Maher
Year published:
2006
Pages:
110
ISBN:
0-9549674-6-1
Price:
A$ 400 + GST

Download Table of Contents and Executive Summary

Managing risk in the modern law firm is about more than simply avoiding negligence claims.

Managing Partner 's new best-practice report on risk management highlights every area of potential risk within your organisation, giving you a clear understanding of how it will affect your law firm and how you need to respond in order to manage risk effectively…

Subjects covered include:

  • People and culture issues;
  • Client engagement;
  • Finance;
  • Protecting partner’s assets;
  • Compliance;
  • File auditing;
  • Managing your insurance;
  • Office systems;
  • Location and premises issues;
  • Professional indemnity insurance;
  • And more…

The report also guides you through the requirements of a risk management system including:
- Responsibility at senior management level;
- A framework for managing risk across all parts of the business;
- Integration of risk management processes into firm culture;
- Accountability in each practice area and support function;
- A risk evaluation process;
- External assessment;
- Business continuity planning.

Not only does Risk Management provide an in-depth analysis of all key risk areas within the firm it clearly demonstrates the benefits of a strategic approach to these issues with clear examples.

 
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