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In-House Counsel’s Balancing Act: Managing Risk without Stifling Growth

In-House Counsel’s Balancing Act: Managing Risk without Stifling Growth

August 7, 2019 at 2:04 PM - In-House Lawyers,

Managing risk is an integral part of conducting day-to-day business operations. When business leaders seek legal support, the in-house team should resist the temptation to reflexively say “no” when a course of action appears, at first glance, to pose significant risk. On the flip side, they also should avoid being a “yes-man/woman” to the C-suite. Instead, internal counsel can add significant value by looking beyond legal risk alone to identify, evaluate and manage the company’s total risk profile in a way that helps management achieve legitimate business objectives.

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