Managing Legal Risk
Overview of what is legal risk and some possible consequences; e.g. claims against firm; inability to enforce agreements; reputational risk from legal difficulties.
Documentation and contracts: how to ensure adequacy; signing authorities; standard client terms; regular review; document retention.
Some particular situations: lending, security/collateral, derivatives.
Legal involvement in new product development
Being prepared for litigation, investigations and dawn raids – availability of legal advice, handling communications.
Protecting your business; confidentiality and intellectual property.
Guarding against employment claims.



