Risk assessment and mitigation involves a detailed review of your company’s practices and processes followed by an identification of the business and legal risks that could jeopardize performance goals and operational objectives and implementing a corresponding mitigation plan based on process improvement opportunities. This proactive (rather than reactive) approach enables your business to more consistently identify risks and design appropriate mitigation strategies without impeding growth or innovation.
At Outsourced General Counsel, the focus is not limited to identifying risks and designing a mitigation plan, but implementing the plan and incorporating revisions necessary to ensure risk is properly mitigated to improve the company’s business processes and operational efficiency. Examples of business and legal processes that can benefit from risk assessment and mitigation include:
- Contract Approval/Signature
- Data Protection
- Product Safety
- Marketing Programs
- Document Retention
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