legal-risk-assessment

To assess legal risk, classify contract clauses using a severity-by-likelihood matrix. This produces a formal risk score, a GREEN to RED risk level, and escalation guidance indicating whether senior counsel or outside review is required.

A severity x likelihood matrix is a standardized framework for classifying legal risks. It evaluates the potential impact severity against the probability of occurrence to calculate a formal risk score and assign a corresponding risk level.

Generate a legal risk memo by inputting deal details to receive a structured document. The output includes background information, risk analysis, mitigating factors, and recommended actions to guide governance and escalation decisions.

Yes, this risk assessment framework supports data privacy events and regulatory inquiries. It applies the severity-by-likelihood scoring matrix to classify risk levels and generate standardized assessment memos with recommended mitigations for these matters.

Escalate a contract risk to outside counsel when the severity-by-likelihood assessment yields a RED risk level. The framework provides explicit escalation guidance to determine if senior counsel or external review is necessary for high-risk matters.