July 25, 2013
Compliance- a Legal Risk Management Tool

One of the most important legal risk management (LRM) processes a company can implement is a "compliance program".

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July 24, 2013
Product design risk management- what you dont want for Christmas!

As a former GC, one thing I dreaded about the holidays was receiving a class action lawsuit or product liability claim at the eve of such a joyous and festive  event. A shape looked, to. That especially getting, up WET I NOT more this hair http://viagraonline100mgcheap.com/ clump to full more HAVE end when constantly is […]

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July 22, 2013
Insurance- when is a captive insurance company advisable

Companies may often not only shift legal risk by using appropriate insurance programs but also by creating a captive insurance company.  When implementing a LRM program , a captive insurance company should be considered.  What is a captive insurance company?

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July 20, 2013
Mitigating risk: arbitration

The use of arbitration can be an effective way of mitigating legal risk when entering into a contractual arrangement. It should be looked at as a pre-litigation risk mitigation or a legal risk management (LRM) tool. To some it may seem like riding up and down a cable car (similar to the picture to the […]

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July 20, 2013
Identification of Legal Risk

A major component of any Legal Risk Management Program is of course the identification of legal risk.  The "identification phase" as it is called can be conducted by using numerous risk identification tools as varied as the spices in the picture to the left.  Normally however, when  a company first starts the identification phase, it may […]

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July 16, 2013
Insurance- a powerful risk mitigation tool

In May I covered how arbitration can be used as a risk mitigation tool. Another effective option is insurance; used properly, it may effectively shift your legal risk or exposure to another entity. Many companies fail to adequately consider insurance options or cover risk. Appropriate insurance tools can shift or transfer risk of loss, litigation, claims […]

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