What's the risk?

Tuesday 11 July 1995 23:02 BST

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Methods used by professional partnerships to analyse and evaluate decisions involving risks are at best basic and at worst almost non-existent, according to a study on behalf of the accountants and consultants Willott Kingston Smith & Associates.

Most law firms felt they were made risk averse by the fear of professional negligence claims, says the firm, which will be contributing to a seminar on "Measuring and Managing Risk" at the Law Society on 20 July.

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