Risk management programs build on this reality.
Lawyers report their practices are more profitable and enjoyable.
They find they can better manage their time and improve the level of service they provide to clients. Risk management has a proven track record Business and industry have long used risk management as a strategic tool to avoid or minimize various kinds of losses and costs. Law Societies in other jurisdictions such as Australia and some states in the United States which have adopted risk management initiatives conclude that behaviour patterns that result in claims can be changed if lawyers are aware of the causes of claims and of the mechanisms to protect themselves against these claims. Risk management is easily integrated into existing practices Risk management does not mean changing every aspect of law practice. It does mean being open to new tools, new approaches and a commitment to the need to manage risk.