From Contract Management to Risk Management
Contract Analyst, a part of Berkman Solutions, has published a white paper discussing how to initiate a risk management framework for legal professionals, contract managers, and compliance officers.
Besides explaining risk management for legal professionals and contract managers, the article also outlines steps to develop and implement a framework to identify and track legal and compliance risks using contract examples.
The webinar walks through the steps of developing a risk management framework, such as, identifying “events with uncertainty,” breaking each event into risks, assessing each risk (qualitative rating), placing all risks in a risk register, and treating risks.