# Legal risk assessment
> Source: https://legalcode.md/skills/legalcode-legal-risk-assessment | [HTML version](https://legalcode.md/skills/legalcode-legal-risk-assessment)

Assess legal risk across an organization, transaction, product, or initiative — identify risks by category (regulatory, contractual, litigation, IP, data…

Assess legal risk across an organization, transaction, product, or initiative — identify risks by category (regulatory, contractual, litigation, IP, data privacy, employment, corporate governance), score probability and impact, classify severity as CRITICAL / HIGH / MEDIUM / LOW, and produce a confidence-scored, auditable risk register with prioritized mitigation strategies. Use when evaluating legal exposure for a new product launch, market entry, M&A transaction, regulatory change, contract portfolio, operational initiative, or enterprise-wide legal risk review. Jurisdiction-agnostic with localization markers for any governing law. Supports risk-appetite playbook or general-standard assessment. Produces a structured risk register with Glass Box audit trail.

This skill systematically identifies, scores, classifies, and prioritizes legal risks across an organization, transaction, product, or initiative. It produces an actionable risk register with probability-impact scoring, mitigation strategies, and a confidence-scored, auditable output aligned with ISO 31000:2018 risk management principles. **Covers:** - Risk identification across 8 legal risk categories (regulatory, contractual, litigation, IP, data privacy, employment, environmental/ESG, corporate governance) - Probability x Impact scoring with 5x5 heat map methodology - Severity classification (CRITICAL / HIGH / MEDIUM / LOW) with clear decision rules - Mitigation strategy recommendations (avoid, mitigate, transfer, accept) - Multi-jurisdictional risk assessment with [JURISDICTION-SPECIFIC] markers - Risk-appetite playbook or general-standard assessment - Quality-verified output with Glass Box audit trail **Does not:** - Draft contracts or legal documents (see `legalcode-contract-review` for contract analysis, `nda-mutual` for NDA drafting) - Provide actuarial or quantitative financial risk modeling (Monte Carlo, VaR) - Replace qualified legal counsel or regulatory advisors - Perform compliance audits (see jurisdiction-specific compliance skills for detailed audits) - Apply to one jurisdiction exclusively — jurisdiction-agnostic with localization markers **Related skills:** - `legalcode-contract-review` — clause-level contract risk analysis - `legalcode-nda-triage` — NDA-specific risk screening - `ccpa-cpra-consumer-rights-operations` — California data privacy compliance - `ai-act-prohibited-practices-and-literacy-readiness` — EU AI Act compliance - ...

## Jurisdictions

Global



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*Legalcode -- legalcode.md*