New Practical Law In-house resource, Checklist, Risk management matrix
Checklist, Risk management matrix provides a downloadable chart to help in-house lawyers manage organisational risk.
The chart provides a matrix in-house lawyers can use when advising clients on risk management decisions. A legal department can also use the matrix to assign decision-making authority and escalation rights in the event in-house lawyers and business colleagues cannot agree on a risk management decision.
For more information about risk management for in-house lawyers, see Practice note, Aligning the legal department with company risk tolerance and Toolkit, Risk and compliance centre.
Practical Law Australia’s expert legal writers have practical expertise gained from some of the country's leading law firms and corporate legal departments, including Ashurst, Baker & McKenzie, Gilbert + Tobin, Herbert Smith Freehills, the Australian Broadcasting Corporation (ABC) and more. They understand the pressure to deliver timely and cost effective legal advice, which is why Practical Law’s fully maintained practice notes, precedents, drafting notes and checklists offer clear and concise know-how with a practical perspective.
For more information on Practical Law Australia’s legal writing team, visit legal.thomsonreuters.com.au/practical-law-team