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Design a Legal Risk Assessment Framework

8,781 views
Updated 9/23/2026

ChatGPT Prompt

Build a legal risk assessment framework for a {company_type} in {industry}. Cover the risk categories that actually generate claims: contractual, employment, data protection and privacy, intellectual property, regulatory, consumer protection, and third-party or supply chain. For each, define the assessment questions, a likelihood-by-impact scoring matrix with defined bands rather than vague labels, mitigation options with cost estimates, the accepted-risk sign-off level, and the review cadence. Add a register template, escalation triggers that route a risk to external counsel, and guidance on maintaining privilege over the assessment itself — since a candid risk register is discoverable if handled carelessly.

💡 Pro Tip: Replace placeholders in [BRACKETS] with your specific information for best results.

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