Companies face a bewildering array of law and regulations that impact various areas of operations. A properly conducted legal audit is a way for management to frame, prioritize and anticipate the most important issues and minimize costly surprises which distract management focus.
The Legal Audit Checklist is not a legal audit; it is a checklist of key areas of inquiry to complete with a qualified attorney retained to perform a legal audit. Analogous to a physical exam, the purpose of the legal audit is to understand your current condition, identify any problems, and enable you take appropriate actions to correct or arrest the worsening of current problems and to avoid/prevent future problems.
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