Litigation Risk
/ˈlɪtɪˌɡeɪʃən rɪsk/
Definitions
- (n.) The potential exposure to legal action and the possibility of adverse outcomes from litigation.
The company assessed its litigation risk before proceeding with the controversial merger.
Forms
- litigation risk
Related terms
See also
Commentary
Litigation risk often informs strategic decisions in corporate and contract law, highlighting the importance of evaluating potential legal costs and outcomes.
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.