legal-risk-assessment

Contract risk assessment uses a 5x5 severity-by-likelihood matrix to score and color-code identified exposures. This framework provides consistent risk rating for contract reviews and escalation decisions.

The best way to document a risk memo and risk register is by using standardized templates generated from the risk assessment. These templates systematically record legal judgments and track risk scores for ongoing matter management.

A legal escalation is needed when the risk matrix identifies high-risk contract matters. The skill provides specific escalation guidance detailing exactly when to involve senior or outside counsel based on the severity and likelihood scores.

Yes, you can use this 5x5 risk matrix for deal exposure assessments across various contracts. By providing the contract details, the framework evaluates legal risks uniformly to support consistent escalation decisions.

You need to provide the relevant contract details and terms to generate a structured legal risk assessment. The skill then processes these inputs through the severity-by-likelihood framework to output risk scores and memo templates.