Attorneys have long played a key role in helping clients to understand and mitigate risk. Doing that requires smart attorneys to adapt over time as business changes though. And the field of Enterprise Risk Management (ERM) is undergoing just such a sea change today. ERM is becoming one of the hottest areas in the risk management discipline today, with new advances in technology and communications creating both opportunities and challenges in the space. In particular, ERM is a significant evolution versus traditional risk management techniques in that it encompasses all areas of an organization and looks at the overall set of risks that result from interrelated processes, people, and structures across the organization. This complexity is useful for attorneys as they can help clients to get a more holistic view of the challenges an organization faces.Read More
