Ch03_3e - 3-1Copyright © 2007 by Nelson, a division of...

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Unformatted text preview: 3-1Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CANADIAN BUSINESS CANADIAN BUSINESS AND THE LAWAND THE LAWThird EditionThird EditionbybyDorothy Duplessis Steven Enman Shannon O’Byrne Sally GunzPresentation prepared by Presentation prepared by Allan Elliott, Southern Alberta Institute of TechnologyAllan Elliott, Southern Alberta Institute of Technology3-2Copyright © 2007 by Nelson, a division of Thomson Canada Limited.OBJECTIVES:Methods of managing the legal environment of businessThe development of a legal risk management planThe importance of anticipating and reacting to developments in the legal environmentMethods of managing legal servicesCHAPTER THREECHAPTER THREEMANAGING LEGAL RISKSMANAGING LEGAL RISKS3-3Copyright © 2007 by Nelson, a division of Thomson Canada Limited.ASSESSING THE LEGAL ASSESSING THE LEGAL ENVIRONMENT ENVIRONMENT LEGAL RISKA business risk with legal implicationsLEGAL RISK MANAGEMENT PLANComprehensive action plan for dealing with the legal risks involved in operating a business3-4Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CREATING A RISK MANAGEMENT PLANCREATING A RISK MANAGEMENT PLANFour-Step process to create a plan:Step One:Identify the legal risks.Step Two:Evaluate the risks.Step Three: Devise a legal risk mmanagement plan.Step Four:Implement the plan.3-5Copyright © 2007 by Nelson, a division of Thomson Canada Limited....
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This note was uploaded on 12/19/2010 for the course AFM 231 taught by Professor Briggs during the Winter '09 term at Waterloo.

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Ch03_3e - 3-1Copyright © 2007 by Nelson, a division of...

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