Legal and Compliance Risk
A Strategic Response to a Rising Threat for Global Business
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Product details:
- Publisher OUP Oxford
- Date of Publication 19 February 2015
- ISBN 9780198719793
- Binding Hardback
- No. of pages288 pages
- Size 241x163x22 mm
- Weight 586 g
- Language English 0
Categories
Short description:
Offering analytics, management tools, real-life examples, and practical advice in a user-friendly format, this is an accessible guide to managing legal risk for board members, senior managers, and professionals dealing with legal risk in and for global companies.
MoreLong description:
Over the last 30 years, risks and costs associated with legal conflicts, compliance breaches, litigation, regulatory investigations, criminal prosecution, trials, and arbitration have increased exponentially in frequency and financial harm. Peter Kurer, former business lawyer, GC and chairman of UBS, and board member from various industries, presents his unique insight into the challenges of managing legal risk in a climate of globalization, corporate governance, and shifting political agendas.
Legal & Compliance Risk: A Strategic Response to a Rising Threat for Global Business offers an overview of the global ascent of legal risk and outlines the ways in which companies have reacted to it. It presents the key processes that can be used to combat legal and compliance risk, including setting the proper strategy and risk governance on board level, organizing internal operations, allocation of work to internal and external legal and risk experts, developing effective internal reporting systems, using cutting-edge technology, and managing ethical conduct of employees as well as integrating these different processes within a business to build an effective business model for combating legal risk.
Offering analytics, management tools, real-life examples, and practical advice in a user-friendly format, this is an accessible guide to managing legal risk for board members, senior managers, and professionals dealing with legal risk in and for global companies.
Back in big law, an experienced client has at last written a thorough and insightful book - Legal and Compliance Risk. For many years, its author, Peter Kurer, was general counsel at UBS. Later, he was chairman of the global bank. He knows his opinions. In a work packed with theory and practical tools, the focus is on risks that flow from legal failures and compliance breaches. These risks are subjects on which in-house lawyers readily opine in op eds, blogs and at conferences. It is refreshing now to have a fully developed and authoritative text.
Table of Contents:
Introduction
Manifestations and roots of legal risk
A board room strategy to manage legal risk
Legal risk governance: the quest for integration
Operations and core processes to manage legal risk
Experts, advisors, and the importance of communication
Beyond lawyering: technology and outsourcing
Behaviour: towards the new frontier
Conclusions
