Legal risks are playing an increasingly prominent role in corporate risk management. We investigate how legal risks are identified, analysed, assessed, managed and reported. Using risk management approaches, we look for ways that the management of legal risks can be integrated into companies’ overall risk management.

In this focus area we examine topics connected with the development of the legal services market. How are current trends affecting the structure of the market? What actions should law firm partners take in response, with regard to the development of their strategies and business models? How are new legal service providers positioning themselves in the market, and what role is modern technology (LegalTech) playing in the ongoing transformation of the legal services market?

This area covers research on how companies organise their legal and compliance functions. What demands do corporate strategy and the operational context place on legal and compliance as an assurance function? How is the role of legal and compliance departments as consumers of legal services evolving?