LEGAL RISK MANAGEMENT

Even though we have special expertise in litigation law, it may be advisable to avoid potential legal proceedings – particularly in the context of sustainable, responsible and cost-conscious corporate management – as these are often time-consuming, personnel-intensive and costly and may even compromise corporate structures, processes and objectives.

With effective legal risk management, every legally relevant process is regularly subjected to a risk assessment from a legal perspective. In particular, all contractual provisions are ideally drawn up on the basis of a comprehensive legal risk assessment and existing contracts are adapted in light of current developments.

Ultimately, the aim is to identify, classify and manage legal risks in the corporate environment, ideally in conjunction with an external or internal business risk assessment. This enables the company’s economic objectives to be supported and advanced in the best possible way, taking into account the applicable legal provisions and the associated legal requirements and framework conditions.

Legal risk management can be carried out either by a legal department within the company, in cooperation with this department, or by us as your external legal department.