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Tutorial Management of Legal and Compliance Risk

Due to socio-economic developments during the last 30 years, risks and costs associated with legal conflicts, compliance breaches, litigation, regulatory investigations, criminal prosecution, trials, and arbitration have increased exponentially in frequency and financial harm for global companies.

In a climate of globalisation, corporate governance, and shifting political agendas, corporate lawyers are increasingly confronted with the task to contribute to an integrated management of this risk – which is very different from the traditional activity of lawyers.

The extra-curricular unit Management of Legal and Compliance Risk offers some unique insights into this challenge and provides basic tools to help you define steps towards an integrated management strategy for legal and compliance risk.