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Many companies are at risk of significant legal and financial liabilities through their practices and procedures. We here at Haddad and Associates have developed an innovative legal risk management department that focuses on reducing a company's possible legal and financial hazards. This department is divided into two cells to allow us to fully address the possible concerns that may arise: the legal audit group and the litigation risk management group.
Every company is subject to an overwhelming number of laws, hence creating the need for legal audits. This auditing group conducts a thorough investigation into six broad areas of potential risk with the goal of preventing costly lawsuits namely; corporate, contractual, employment, tax, governance and publicity issues. The legal audit team reports on all documents, contracts and any other agreements in order to identify potential liabilities in the company's daily business activities. The team then goes on to formulate recommendations and proposes realistic solutions in order to help diminish or eliminate these risks.
At Haddad and Associates our litigation risk management group concerns itself with existent or potential lawsuits. This group examines claims that involve our client companies and through the use of risk analysis techniques, then goes on to determine whether it is beneficial for the company in question to pursue the matter through litigation or if they should be encouraged to reach a settlement. This team conducts their business with the goal of reaching a satisfactory conclusion by restricting the excessive costs that accumulate throughout a litigation process.
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