Risk management

The SORAINEN Risk Management Team ensures that the firm complies with the rules of the marketplace, applicable laws and professional rules. The team also manages exposure to suggestions for improvement in the conduct of the firm's legal practice. The regional team consists of partners from every SORAINEN office.

As part of its risk management procedures, SORAINEN carries out risk reviews. These are day-to-day analyses of how the firm meets its risk responsibilities at local office and practice level. Reviews include, eg:

  • addressing health, safety and security issues for SORAINEN personnel;
  • planning for business continuity;
  • establishing responsible information distribution policies;
  • accepting business – who SORAINEN works for and on what terms;
  • preserving SORAINEN's reputation.

Risks identified through the firm's risk review procedures are carefully managed. A risk owner and risk co-ordinator are appointed for each risk to review and develop action plans to mitigate management of that risk and track progress. SORAINEN regularly assesses its safety, security and operational continuity risks and carries out further assessments and action for risk reduction if external risks have increased.

SORAINEN's Risk Management Team led by partner Jānis Taukačs develops, implements and manages procedures and systems enabling SORAINEN to offer a uniformly high standard of legal services. 

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