Legal Risk Analysis
/ˈliːɡəl rɪsk əˈnælɪsɪs/
Definitions
- (n.) The systematic process of identifying, assessing, and mitigating potential legal risks arising from business operations, transactions, or regulatory environments.
The company conducted a legal risk analysis before entering the new market to avoid potential compliance issues.
Forms
- legal risk analysis
- legal risk analyses
Related terms
See also
Commentary
Legal risk analysis often informs risk management strategies and aids in proactive compliance; clarity in scope—whether contract, regulatory, or litigation risks—is important.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.