Risk is an integral part of business life. After all, if companies were unwilling to push back the boundaries, precious little progress would be made. However, even in everyday operations, companies can find themselves exposed to a number of different risks. The question is, do you know what those risks are? And, just as importantly, do you know how to go about minimising your exposure to them?

It's amazing how far a little preparation can go. By tackling potential legal issues head on, not only can you save your business a lot of money, you can also save yourself a lot of valuable time and energy.

There are four key elements to our RISC Management service:

Research

As one of the UK's leading law firms, Shepherd and Wedderburn has an in-depth understanding of the legal requirements inherent to business operations. It also puts us in a position to determine how changes in the law can affect individual organisations. The first stage in our RISC Management service is designed to give us a similar insight into your own business and to determine its specific aims and objectives.

Impact

Armed with this knowledge, we can make an assessment of the likely risks your business faces. By prioritising those risks, we can, together, identify the areas of your business that need to be addressed immediately, those areas that can considered at a later date and those where your business is willing to accept a certain level of exposure.

Solutions

Having prioritised the risks you face, we can create and implement a plan of action that will manage them for you.

Control

This proactive solution can help you control the legal environment in which you operate.

There are three Parliamentary Acts covered by RISC Management service, each of which carries a degree of exposure to risk for many businesses:

• Competition Act
• Freedom of Information Act
• Disability Discrimination Act