Litigation risk refers to the possibility that an individual or business will face legal action due to their actions, services, inaction, or products.
LITIGATION RISK ASSESSMENT
Some organizations will use a litigation risk assessment to provide a concise, early evaluation and management of any risks and costs associated with a specific case. This structured approach aims to find a way to resolve the issue quickly and reduce expenses related to the case.
Note: The information in this blog is not legal advice. Consult a lawyer for advice for your situation.