Anthony Davis on Law Firm Risk Management

Your ABA published a concise feature on risk management for law firms by expert Anthony E. Davis. You may be tempted to skip it. Don't.

As Davis notes, "The words 'risk management' are very negative to lawyers because, by definition, lawyers are risk averse. And if there's anything that lawyers are more hostile to than risk, it’s management. Therefore, when I talk to lawyers in firms about risk management, I show them that it’s actually about positive values." Do you know the seven focus areas for law firm risk management? If not, then read this short feature from Mr. Davis. You will enjoy it as it is very readable. Then try and indentify a few improvements you can make quickly, while scheduling some time for a discussion within the firm on this important topic. If fact, you probably want to e-mail the link to others in your firm.