Uncertainty principles

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An increasingly risky business?

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ISSUE IN BRIEF

Risk management touches everyone in a legal business. While it’s the fee earners’ job to help clients mitigate, avoid, suppress and dodge risk, who does that for your firm? Hint: there’s no fairy godmother.

We live in an increasingly unstable world – disease, terror and environmental crises seem to be riding unleashed around the world in 2015 – yet businesses must survive and grow in this environment. This applies to law firms in particular, which are growing globally and encountering more threats as a result.

 

THAT WAS CLOSE

Bad stuff happens – the risk management trick is to not be the victim of it. From jurisdictions in economic danger zones to Generation Y judgment, Hogan Lovells’ head of risk Scott Nicholl talks to Briefing about driving down risk at home and abroad – and how to keep partners on course

EYES EVERWHERE

Whether expanding overseas or running a UK-only business, exposure to an ever-shifting range of natural and criminal shocks can cause serious damage. Richard Brent goes looking for some lessons for law firms when preparing for the worst

CHECKS AND BALANCING ACTS