LoginSubscribe Now
International In-house Counsel Journal Logo
International In-house Counsel Journal Logo
  • Home
  • Business Sectors
  • Areas of Law
  • Editorial Board
  • Write a Paper
  • Subscribe
  • Books
  • Reports
  • Back Issues
  • Terms and Conditions
  • Cookie Policy
  • Privacy Policy
  • PLS LogoCopyright & permissions
© 2026 International In-house Counsel Journal Ltd. | ISSN 1754-0607 | Picture Credits: Freepix, Unsplash and by permission of the authors
Back to library search

Why In-House Lawyers Should Implement a Legal Risk Framework

October 2024ManagementConsultant

Abstract

As an in-house lawyer, managing legal risks is a critical part of your role. A Legal Risk Framework, used as a critical business document, enables you to speak to the Senior Leadership in their language. This makes your job and that of your team easier and more effective, focusing minds on managing and mitigating those risks that really matter to your specific business and giving metrics to enable communication on the subject of legal risk, in a measured and meaningful way. Your clients within the business may well think one-dimensionally about legal risk as the risk of litigation, but a robust Legal Risk Framework can help them see that legal risk is more far-reaching than that and can have consequences across each seat of the Senior Leadership Team.

Subscribe to reador
PLS Logo Copyright & permissions

Author

Sarah Clark

Chief People and Transformation Officer, The Legal Director, UK

Related Papers

Legal Transformation? Business, AI, and New Suppliers are Key Drivers
Jake Campbell, a character in Hemingway’s The Sun Also Rises, explained how he went bankrupt: “Two ways. Gradually and then suddenly.” The humor of his observation masks its profound insight-and...Read more
Portrait image of Mark A. Cohen
Mark A. Cohen
Chief Executive Officer, Legal Mosaic, UK
Legal Transformation? Mirage Turned Reality
For those awaiting transformation of the legacy legal delivery model, it’s been a long, frustrating wait punctuated by high hopes and dashed expectations. The Economist raised legal transformation expectations in...Read more
Portrait image of Mark A. Cohen
Mark A. Cohen
Chief Executive Officer, Legal Mosaic, UK
An Open Systems Approach to Law, Strategy, and Sustainability: The Role of the In-House Counsel in the Anthropocene Era
In an embarrassing rebuke, referred to by some as “the vote heard round the world” (Le Berre, 2021), the board of directors of oil and gas giant ExxonMobil lost a...Read more
Portrait image of Constance Bagley
Constance Bagley
CEO, Founder, and General Counsel, Bagley Strategic Advisors LLC, USA
A View From the Coal-Face: Corporate Governance Issues in Charging Out and Incentivising In-House Counsel
Information on a company’s costs and risks is crucial to the individuals responsible for the management of the organisation. The in-house legal function has an obvious role to play in...Read more
Portrait image of Jürg Gassmann
Jürg Gassmann
Director and General Counsel, Envisionation Limited, Ireland