Risk rarely sits in one place. It runs through your processes, your systems, your vendors and the decisions management makes, and each area needs to be assessed on terms that make sense for it. Enterprise Risk Management in .legal gives you one place to assess, treat and report on risk across the organisation.
These eight short videos show the module in use, from setting up your first risk area to the report you hand to management. Start with the overview, or jump straight to the part you need.
- Enterprise Risk Management in .legal
- Set up risk areas and scales
- How risk assessment works
- Put a number on risk
- Accept, avoid or mitigate a risk
- See how risk travels between systems
- Report a risk observation without a login
- The risk management report
1. Enterprise Risk Management in .legal
An overview of the module: how risk areas, assessments, treatment and reporting fit together in one place.
2. Set up risk areas and scales
Create risk areas for the parts of the business you manage, and give each its own likelihood and consequence scales.
3. How risk assessment works
Walk through a risk assessment from start to finish, from describing the risk to rating it.
4. Put a number on risk
Express risk as a figure, so you can compare risks and see which ones exceed your risk appetite.
5. Accept, avoid or mitigate a risk
Decide how each risk is treated, and follow the measures that bring it down to an acceptable level.
6. See how risk travels between systems
Link risks across processes, assets and systems, and see how a risk in one place affects another.
7. Report a risk observation without a login
Let colleagues report risk observations through a simple form, without needing a user in the platform.
8. The risk management report
Turn your risk work into a report that gives management a clear overview of the current risk picture.
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