Legal Risk Management: How can it be Turned into a Competitive Advantage?
Valérie Laurent, Head of Legal Knowledge Management, Total SA, France
Legal Risk Management "LRM" is not a product that was contrived to create a need that doesn't exist. LRM consists of a combination of strategy, management and law. If a company has a good understanding of its legal environment, it can create competitive advantage. LRM is naturally and directly tied to strategy, governance and risk management.
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