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Key report features Provides useful risk classifying models to identify impact and consequence Contains a toolkit to aid with identifying and assessing risk Features useful tables to compare key risks associated with different jurisdictions Details information on the 2013 SRA overseas practice rules International borders are crumbling and, with that, comes a valuable source of long-term growth for commercial law firms. And so, too, comes the risk. Take three steps forward, and don't look back Your firm has much to gain from developing a tailored Risk Management Framework that incorporates an overarching objective; a process for risk identification, analysis, and management; and governance arrangements. A Risk Management Framework: Strengthens an existing strategic plan Adds value to clients who are increasingly expecting risk management from a law firm Provides a simpler approach to implement legislative and regulatory requirements Reduces vulnerability to cybercrime and commercial espionage Ensures compliance with the new SRA Code of Conduct. In this practical report, Alison Hook outlines a systematic, three-step risk management approach to aid your firm in its due diligence relating to international risk and compliance.