Risk management is important for all legal practitioners and law practices and it goes beyond just avoiding legal claims or lowering costs in terms of professional liability insurance premiums.
The implementation of risk management processes reaps significant benefits that include:
The end result of good risk management is a successful law practice. Risk management must therefore become a part of a law practice's strategic vision and culture.
The following e-learning will aid law practices in implementing the following key areas of risk management.
Understanding and Managing Risks in a Law Practice Part 1 (Total duration: 1 hour)
Modules:
By the end of Part 1, participants will have an understanding of the following:
Understanding and Managing Risks in a Law Practice Part 2 (Total duration: 1 hour 30 mins)
Modules:
By the end of Part 2, participants will have an understanding of the following:
To Note: