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Legal Risk

   Also found in: Wikipedia 0.01 sec.
Legal risk
The risk associated with the impact of a defect in the documentation on cash flow or debt service.

Legal Risk
The potential loss that may occur to an investment as a result of insufficient, improperly applied, or simply unfavorable legal proceedings in the country in which the investment is made. For example, a country may have inadequate bankruptcy protection or, in an extreme circumstance, the government may be able to seize property without provocation. On the other hand, legal risk exists even in countries that operate under the rule of law: a court, for instance, may find against a company in a given lawsuit, creating a precedent for other companies with similar operations.


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By managing the complete IP lifecycle, the new Nextance suite gives "unique visibility into the entire IP asset inventory in order to more effectively optimize revenue and mitigate legal risk related to IP," the company says.
He also created legal risk management programs and served as the co-chief negotiator for the city in the police and fire departments' employment agreements.
Businesses can use it to support regulatory compliance, reduce legal risk, and improve information retrieval efficiency.
 
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