Risk is a key issue for every company – how to manage it, how to monitor it and how to educate your employees. And risk is the unifying factor behind several of this week’s legal briefings.
In a post noting that “risk relocated is still risky” Encompass Corporation ’s co-founder Roger Carson looks at the changing shape of the legal market and the push to reduce operational costs.
Carson argues that the move to outsource tasks such as search and discovery increases the risk of human error affecting results. But, he says, investing in technology for such processes can manage and reduce that risk.
Taking a different angle on risk is Ogier . The firm’s head of risk and compliance Peter Derrick provides some helpful advice to companies on minimising reputational risk. Confidential client information should be kept to the office and a culture of risk management around social media should be instilled, Derrick argues. Click here for more information.
Risk is also on the mind of the European Commission. Shepherd and Wedderburn highlights a recent consultation that will assist in the Commission’s assessment of remuneration for banks and investment firms. The Commission is aiming to impose a limit on bonuses that can be awarded to risk-takers in such institutions.
Top five briefings by law firm
Gateley: Who is liable when a contract is signed with a company that doesn’t exist yet? Download
Walker Morris: ‘Early neutral evaluation’ instead of ADR Download
Encompass Corporation: Law firms: risk relocated is still risky Download
Collyer Bristow: Radiohead royalties litigation: what next? Download
Totum: Beyond the trusted adviser: the five faces of the BD professional Download
More law firms
Top five briefings by practice area
Litigation: The civil courts review: a response Download
Company/commercial: Health and safety laws: new sentencing guidelines Download
In-house: Watch what you say: how employees act in public Download
IP: Dismaland, Disney and trademark parody Download
Construction: Construction disputes – a viable alternative, part two Download
More practice areas
Top five briefings by region
Europe: Remunerating the risk-takers Download
UK: When to seek summary judgment Download
US: Your business property: time, productivity and value Download
Asia-Pacific: How law firms can leverage technology for profitability Download
Offshore: Another safe harbour? Download