Bankers, Not Just Lawyers, Must Learn to Embrace Risk Again

Risk. I wrote about the importance of risk management to the in-house role earlier this week and noted how lawyers should be less obstructive and better managers in terms of managing risk - risks have to be taken in order for companies to make profits, but not all risks will make profits. And of course, reckless lending by the banks is now bemoaned as one of the causes of the ongoing recession.

Rating: Medium

Tags: gcrc, legal, law, operations, in-house, banking, finance, risk