Managing Critical Business Situations
A business crisis can come in many forms – often without warning – and threaten the prosperity and stability of even the best run companies. In today’s “always on” digital and social world businesses are more exposed than ever to crisis-related risks anywhere in the world, a seemingly minor issue can easily become a major problem with serious consequences on a company, threatening the prosperity, stability and even the existence of an organization.
Most companies experience some sort of a crisis over the life of their business and their General Counsel are mostly not prepared for, nor experienced enough to manage one when it actually happens. It is critical to be prepared for unprecedented situations like product recalls, environmental emergencies, class-action litigation, commercial disputes, regulatory compliance issues, shareholder activism, cyber-security threats etc.
With some planning and the right support, businesses can proactively manage and mitigate their exposure to crisis-related risks.
At WLA, our team of experts will work with you as a strategic partner in protecting your business. We focus on understanding your business and business needs to assess your areas of vulnerability, develop processes to anticipate and mitigate potential risks, and implement mechanisms to respond to a crisis situation. In the event of a crisis, our integrated network can act quickly across our areas of practice to provide you with a holistic, customized and dynamic legal response that will help contain the problem and reduce the impact on your business.