Contingency Corner: Legal Risk
Organizations of all types and sizes face legal risk based on the laws and judicial structures of their context.
Consider the following when assessing your organization’s legal risk:
- Build legal compliance operations into your organization’s budget
- Retain legal counsel at an early stage and seek multiple legal opinions
- Consider cross-border legal issues, particularly related to finances
- Monitor legislative and judicial trends for potential impacts to your organization
- Ensure accounting and documentation practices are thorough and compliant
Interested in strengthening your organization’s risk management and contingency posture? Contact our team.