Quantifying legal risk: a method for managing legal risk: legal costs can range from 3% to 10% of a business's annual revenues, so companies need to ... article from: Management Accounting Quarterly

This digital document is an article from Management Accounting Quarterly, published by Institute of Management Accountants on September 22, 2007. The length of the article is 5108 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.

From the author: This analysis presents a process for quantifying legal risk within the context of accounting-based controls. The value chain is used to define the firm's business model. With this framework, legal risks can be associated with respect to specific aspects of firm activities. The result is an organized, cost-effective way to assess a firm's legal risk and minimize litigation costs through planning and controls.

Citation Details
Title: Quantifying legal risk: a method for managing legal risk: legal costs can range from 3% to 10% of a business's annual revenues, so companies need to have a good method for managing legal risk.(Company overview)
Author: Kevin Johnson
Publication:Management Accounting Quarterly (Magazine/Journal)
Date: September 22, 2007
Publisher: Institute of Management Accountants
Volume: 9 Issue: 1 Page: 22

Article Type: Company overview

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