Author(s):
Lawrence E. Ritchie
Oct 27, 2014
Increasingly, businesses face a myriad of issues that expose them and their officers and directors to litigation, regulatory, reputational and other risks. It often falls to the general counsel to properly identify, manage and mitigate these risks before they cascade into a crisis. This is a constant challenge, but in-house counsel need not feel alone.
Utilizing appropriate resources and deploying them proactively best protects the reputation and long-term viability of any enterprise. By involving lawyers and other experts long before damaging issues arise, general counsel can avoid the type of hurried reaction that can push the problem beyond their control.
Developing and implementing a preventative risk identification and management program helps businesses save costs, reduce aggravation and limit exposure, resulting in enhanced value for shareholders and other stakeholders.
Osler's Risk Management & Crisis Response team has produced a free white paper titled Building a Proactive Risk Management Program. Insight includes Benefits of a Risk Management Program and Steps for Managing a Potential Crisis.
DOWNLOAD PDF: Building a Proactive Risk Management Program
Osler is a leading business law firm practising nationally and internationally from offices across Canada and in New York. Our clients include industry and business leaders in all segments of the market and at various stages in the growth of their businesses.
Led by Practice Chair Lawrence E. Ritchie, Osler’s Risk Management and Crisis Response team draws on the experience of national specialists across a broad range of expertise and offers innovative cross-disciplinary solutions to proactively prevent and, when necessary, respond to legal, regulatory and third party threats and related challenges.
For more insights on risk management and crisis response visit our Risk Management Crisis & Response blog, or contact Lawrence Ritchie directly.