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Risk Management as a Service

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An effective enterprise risk management program can help organizations manage their threats and maximize opportunities. Risk Management (RM) as a Legal Service Allaw is an outsourced service offered by Allaw that acts as if it a part of the business itself, helping to ensure good governance, risk management and legal compliance within the company.

Companies and corporate legal departments turn to Allaw RM services to handle their regulatory or business and organizational change projects in a cost-effective, efficient manner.


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Service benefits

Controlled risk exposure

Controls risk exposure and strengthens regulatory compliance.

Meaningful input

Provides meaningful input for assurance, strategic planning.

Higher efficiency

Reduces inefficiencies, lack of visibility, and confusion.
 

Get your free 14-day trial and see the benefits for your organization

SOME OF THE KEY COMPONENTS THIS SERVICE INCLUDES

Companies using this service also gain a competitive advantage by having an intelligent senior risk manager and problem solver as part of any decision making process.

  • Dedicated support.Dedicated support from a qualified legal risk manager.
  • Organized like in-house. Acting as your in-house risk manager to handle all your requests and inquiries.
  • Third-Party Due Diligence. Working together on due diligence, third-party risk assessment, and contract terms.
  • Risk Assessment. Your risk manager identifies risks and assesses the threats and opportunities.
  • Secure communication. When you use our solution to share files and collaborate with external users in secure workspaces, you save time and effort, unlike email.
  • Regulatory interpretation. Consulting on regulatory requirements and interpretation.
  • Policy review. Collaborating via LegalSpaces with policy resources to review and approve new policies, suggest changes, and address requests for exceptions to policies.
  • Helping to document your business processes. Every procedure documents common business processes, job descriptions, and best practices.

How do we do it

Clear and consistent process

Legal matters require immediate attention and should be addressed with utmost confidentiality, precision and swiftness.

  • A set standard and an organized approach to legal service requests. We organize the way you work with your external counsel, by enabling you to set standards of legal service provision and to evaluate the way legal services are delivered.
  • Single point of contact. This ensures that the workflow is conducted in the most efficient manner possible.
  • Improved response time – This enables us to contribute to the value creation process of your organization in a more active way.

TOOLS TO CONTROL RISK EXPOSURE

Our Risk Management Tools helps clients do more than just meet mandated requirements to conduct such assessments. Our clients are leveraging this capability to improve strategic planning, better address uncertainty, seize opportunities and allocate resources to the initiatives that matter most.

  • Enhance risk mitigation. Allaw is able to create a complete record and audit trail of legal demand across your organization, which will allow you to track the metrics of legal requests, based on your selected criteria, such as department, type of request, etc.
  • Powerful contract collaboration. Executing contracts quickly and efficiently requires effective collaboration—from annotations and redlines to commenting and coauthoring. Allaw enables you to seamlessly work with others to protect against risk and complete contracts as swiftly as possible, all while maintaining a full audit trail.
  • Facilitate the essential communication. Allaw processes and technologies are designed to enable tight cooperation between GRC and our Legal Department and to facilitate the essential communication link that exists between the two. With this infrastructure in place, our clients are better equipped to mitigate risk, proactively address their rapidly changing business environments, and achieve compliance.

Better decision making


Allaw is able to provide you with legal knowledge and insight sufficient enough to help you make better informed decisions.

  • Empower your business by focusing on high-value work.– Allaw provides your organization with an opportunity to access legal know-hows, playbooks, checklists, if necessary, receive guidance and access other knowledge assets in one place. Our self-service portal will help your team to spend their work wisely as they will be able to retain their focus on strategically important activities.
  • Be informed. – We share legal knowledge and insight to drive better decision-making. Also, We have automated tasks and notifications to ensure all stakeholders are kept informed.

Useful knowledge for your staff


All our LD service plans come with Allaw LegalSpaces – collaboration platform where you can find useful knowledge for your staff.


  • Training and solutions. Allaw offers awareness training through our e-learning platform, where we offer courses on a wide range of topics from protecting trade secrets to personal data.
  • The right place when you need an answer. – We connect the right people with the right information using a solution that puts knowledge, expertise and thought-leadership content at everyone’s fingertips.
  • Choose collaboration over communication. – Allaw provides a secure and centralized place for collaboration between your lawyers and outside counsel. This includes, but is not limited to, document sharing and knowledge sharing, the ability to monitor the status of a legal project and its legal spending. Using this you save time and effort, unlike email.

Quick documentation, understanding and improvement of your business processes

  • Implement Business Process Reengineering. – Allaw helps to understand the existing processes and change them for compliance and improved performance.
  • Improve Process Communication. Using Allaw your emploees have a very clear idea of what they are supposed to do, how they are supposed to do it and what is the exact role of every team member.
  • Online help to quickly document your business processes. Every procedure documents common business processes, job descriptions, and best practices.

Get your free 14-day trial and see the benefits for your organization

LegalDesk

If you as CEO or CFO or other business leader are operating without in-house counsel you may have realized that your personal and company productivity is lagging because you spend too much time managing day-to-day legal issues, including interactions and communication with outside legal counsel.

With our legal service management platform LegalDesk:

  • You get capabilities for legal service management processes like Legal Request, Incident, Change, Problem Management, and more.
  • Your employees can find legal information they need to get help quickly.
  • You empower your employees to find answers to common legal questions using a self-service portal.
  • You get an integrated supervised legal knowledge base that makes it easy to unlock and share information (like model agreements, playbooks, etc.) across your organization.

LegalSpaces

All our LD service plans come with Allaw LegalSpaces – collaboration platform where you can find useful knowledge for your staff. It also provides you access to Governance, Risk Management, Compliance (including GDPR) training and solutions.

  • Empower your business by focusing on high-value work.– Allaw provides your organization with an opportunity to access legal know-hows, playbooks, checklists, if necessary, receive guidance and access other knowledge assets in one place. Our self-service portal will help your team to spend their work wisely as they will be able to retain their focus on strategically important activities.
  • Choose collaboration over communication. – Allaw provides a secure and centralized place for collaboration between your lawyers and outside counsel. This includes, but is not limited to, document sharing and knowledge sharing, the ability to monitor the status of a legal project and its legal spending.
  • Training and solutions. – Allaw LegalSpaces provides you access to Governance, Risk Management, Compliance (including GDPR) training and solutions.

Get your free 14-day trial and see the benefits for your organization

View our Risk Management service plans below. These plans are not final and serve as an example of how your company’s plan might look like. You are always welcome to contact us for your individual plan. Press “Try it” to learn how this service can be customized to fit your organization.

Try it free of charge

SELECT YOUR PERFECT RISK MANAGEMENT AS A SERVICE PLAN

Main Information

 

  • Suitable for
  • Delivery
  • Monthly Price
 

Plans Comparison

  • Work time
  • Extra Work time
  • Reporting
 

Key Features

  • Contract review
  • Risk Assessment
  • Regulatory interpretation
  • Third-Party Due Diligence
  • Policy review
  • Document automation
  • Investigations and litigation
 

Extra Features

  • Client Portal
  • LegalDesk
  • LegalSpaces
  • System backup
  • Training materials
  • Live Support
 

Small

for small-sized businesses

  • Suitable for
  • up to 10 employees
  • Delivery
  • Virtual service
  • Monthly Price
  • from €850.00

Small

  • Work time
  • Up to 4 requests per month
  • Extra Work time
  • €100.00/request
  • Reports
  • Quarterly detailed reports

Small

  • Advice to internal audit
  • Risk Assessment
  • Regulatory interpretation
  • Third-Party Due Diligence
  • Policy review
  • Document automation
  • Investigations and litigation

Small

  • Client Portal
  • LegalDesk
  • LegalSpaces
  • System backup
  • Training materials
  • Live Support

Medium

for medium-sized businesses

  • Suitable for
  • up to 250 employees
  • Delivery
  • On-site and virtual service
  • Monthly Price
  • from €1700.00

Medium

  • Work time
  • Up to 8 requests per month
  • Extra work time
  • €75.00/request
  • Reports
  • Quarterly detailed reports

Medium

  • Advice to internal audit
  • Risk Assessment
  • Regulatory interpretation
  • Third-Party Due Diligence
  • Policy review
  • Document automation
  • Investigations and litigation

Medium

  • Client Portal
  • LegalDesk
  • Questions & Answers
  • System backup
  • Training materials
  • Live Support

Corporate

for big businesses and corporations

  • Suitable for
  • over 250 employees
  • Delivery
  • On-site and virtual service
  • Monthly Price
  • from €POA

Corporate

  • Work time
  • Customised to suit your needs
  • Extra Work time
  • Customised to suit your needs
  • Reports
  • Customised to suit your needs

Corporate

  • Advice to internal audit
  • Risk Assessment
  • Regulatory interpretation
  • Third-Party Due Diligence
  • Policy review
  • Document automation
  • Investigations and litigation

Corporate

  • Client Portal
  • LegalDesk
  • LegalSpaces
  • Training materials
  • System backup
  • Live Support

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