Risk Management for Law Firms
Risk is a fact of life in business. There are basic risks that apply to every business, but certain industries face unique risks in their field.
In any legal proceeding, there are mountains of documents that get produced, filed, and referenced. And there is plenty of sensitive personal information in those documents. So data breach and privacy security are real, ever-present risks that must be managed. But the two main sources of risk for law firms center on the clients and the lawyers. Coincidently, these are also the firm’s two biggest assets.