Identifying, assessing, and mitigating legal risks across the business — the discipline that prevents problems, not just fixes them.
How to apply legal risk management
- Map legal exposures by area
- Assign owners and mitigations
- Review the risk map quarterly
The #1 mistake to avoid
Managing legal risk reactively.
The metric that matters
Frequently asked questions
What is legal risk management?
Identifying, assessing, and mitigating legal risks across the business — the discipline that prevents problems, not just fixes them.
Why does legal risk management matter for my business?
Because it directly affects how well your business performs — get it wrong and it costs you in measurable ways. Done right, it becomes a competitive advantage.
How do I apply legal risk management?
Start with the practical steps: Map legal exposures by area; Assign owners and mitigations; Review the risk map quarterly. The key is to start small, measure, and expand what works.
What is the most common mistake with legal risk management?
Managing legal risk reactively.
IDAP Legal Division
This glossary entry is maintained by the IDAP Legal division — specialists who deliver this capability on demand to businesses worldwide.