What is Enterprise Risk Management? For each business risk, financial, products liability, compliance, data security, etc. your company needs to examine the relevant business processes, with the aim of achieving a balance between avoiding downside risk and embracing upside risk. This program takes a holistic approach and looks at ways a small law department can identify, prioritize and address different types of risk, and help align departments and functions to efficiently integrate risk management. We'll help you understand what ERM means, and offer practical suggestions for crafting a program to meet the specific needs of your company.