Legal risk management: strategies for identifying and mitigating legal risks in international business operations
DOI:
https://doi.org/10.34117/bjdv11n5-071Keywords:
legal risk management, international business law, regulatory compliance, corporate governance, LegalTechAbstract
In the context of globalization, legal risks have become a critical concern for multinational enterprises operating across jurisdictions. This article examines strategic approaches to identifying and mitigating legal risks in international business environments, emphasizing regulatory compliance, contractual governance, and the integration of legal analysis into corporate decision-making. Through a qualitative methodology grounded in literature review and thematic analysis, the study highlights how companies can leverage LegalTech tools, cross-border legal intelligence, and robust governance structures to proactively address legal uncertainties. The findings suggest that embedding legal risk management into business strategy not only reduces exposure but also enhances competitiveness and organizational resilience in a rapidly evolving legal landscape.
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