Contract managers often have an unwritten expectation to help manage legal risk for their organizations. Attendees will learn how to develop a legal risk management strategy and acquire practical tools to identify, measure, and manage legal risks related to contracts. This session will outline methods to identify, measure, and manage legal risks proactively. Types of legal risk are examined, particularly as they relate to contracts and the contracting process. Scorecards for contract risk serve as the primary risk identification and measurement technique for this presentation. Attendees will examine and develop components of a scorecard from the bottom up. The session will discuss legal risk policy decisions. After developing legal risk scorecards and policies, the session will outline a practical, collaborative, and interdepartmental approach to risk management.
Difficulty Level: Intermediate
Recorded at World Congress 2013
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-Windows Media Video file
-1 Printable PDF file containing the certificate of completion and copy of the PowerPoint slides
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