This comprehensive area of law demands delving deep into a company’s legal structure, the appropriate policies on internal control and seeking regular assurance that will enable the company to satisfy itself that the system is functioning effectively.

In our approach, we recognize that the Board of Directors of a company is statutorily responsible for the company’s system of legal control. It should set and approve appropriate policies on internal control and seek regular assurance that will enable it to satisfy itself that the system is functioning effectively. The board must further ensure that the system of internal control is effective in managing legal risks in the manner which it has approved. The board should also deliberate and determine its policies about internal control and thereby assessing what constitutes a sound system of internal control in the particular circumstances of the company.

The process entails considering the nature and extent of the legal risks faced by the company, categories of legal risks that the company regards as acceptable to bear, the likelihood of the legal risks concerned materializing, the company’s ability to reduce the incidence and impact on the business of legal risks that do materialize and the costs of operating controls relative to the benefit obtained in managing the related legal risks.

The desired outputs of this process include a comprehensive legal audit report; a matrix on how to monitor and evaluate past, present and future legal risks; a focused, tactical and independent legal opinion on highly contested matters; a broad statement on Legal Risks Adaptation for the Company and training in-house counsels on how to manage the process independently. We tailor-make our services for all types of organizations including government organizations and corporate entities.