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Risk Management and Practice Analysis

Knowledgeable Legal Guidance for Your Practice

Knowledgeable Legal Guidance for Your Practice

Risk management and practice analysis are essential parts of practicing law. By identifying potential red flag areas and anticipating issues that you may encounter in the future, you can prevent these risks from becoming misconduct or negligence. 

Our legal team can help you with risk management in your practice. Our legal team at McDonough & McDonough offers counsel to lawyers and law firms aimed at avoiding these costly mistakes. Our experience allows us to evaluate your situation, anticipate the issues that you may encounter, provide you with your options, and help you develop an effective strategy to avoid grievances or negligence. 

For more information about how we can help you and your legal practice, contact our firm today.

What is Risk Management?

Risk management and practice analysis, in any industry, involves identifying potential risks and conflicts, and working to prevent any negative results. In the legal world, risk management generally involves educating lawyers and setting up systems designed to prevent complaints from clients, accusations of professional misconduct, malpractice, escrow errors, and other costly mistakes.

Why Do I Need an Attorney?

You know your practice better than any other person. You have an in-depth understanding of your practice area, your clients’ needs, and the ways in which your firm operates. You likely have some kind of risk management strategy in place that is based on your own experience with running your firm. 

For these reasons, you may feel that hiring an attorney to help you is unnecessary. However, the input of an experienced outside attorney can be very valuable. We can identify issues you may not have noticed and can offer an additional perspective on the risks your practice faces. Additionally, having a legal team dedicated to your firm’s risk management strategy will allow you to focus more on your cases and clients. 

Among other things, we can help you set up systems within your office to assure that all cases are assigned to the proper staff member and timely handled. Perhaps most importantly, we can review your escrow management practices to assure that you are in compliance. In short, we can review your practice and help you sleep better knowing that you have done as much as you can to avoid grievances and malpractice claims. 

Chris McDonough, Brian Griffin, and, Thomas Foley
Contact Us for a Confidential Consultation
We are available to discuss your firm’s risk management needs and help you develop an approach that works for you. Our lawyers provide experienced and valuable guidance to the legal industry and can offer our knowledge and experience to you.
If you are in need of insightful lawyers who can assist with your risk management plan, contact us today.