Business Practices Liability Assessment
By looking at business practices currently used by all company personnel, this kind of review can determine whether or not the company is exposed to any kind of legal action or claim. Legal actions can originate from a wide variety of sources including damage to private property, injury to persons, unlawful actions relative to regulations of various kinds, or illegal actions by company personnel. Such potential liabilities are usually discoverable by looking at how company personnel conduct themselves while acting for and on behalf of the company and by looking at whether or not company policies are in existence that can provide adequate guidelines for keeping company business practices free of unlawful or negligent actions by its employees and principals.
Mitigation of this kind of problem is usually achieved through training and the implementation of either corrected policies and procedures, or clearer ones.