Skip to main content
Risk Assessment produces a structured risk register for a matter, a contract, or a corporate decision. Each risk is plotted on a 5x5 severity-likelihood matrix, mapped back to specific clauses or facts, and paired with mitigation options ranked by effort and effectiveness.
Risk Assessment results with a 5x5 severity-by-likelihood matrix and an overall risk score

Risk Assessment results with a 5x5 severity-by-likelihood matrix

​
When To Use It

  • Pre-signing review on a high-value contract
  • Litigation case assessment for settlement positioning
  • Pre-IPO or pre-deal diligence
  • Corporate decision memos that need a defensible risk record
  • Regulatory exposure analysis

​
Risk Categories

The assessment covers eight categories. The tool picks the relevant subset based on the documents and facts you provide:
  • Contract - Breach, performance, indemnity, limitation gaps
  • Regulatory - Compliance exposure, licensing, reporting obligations
  • Litigation - Claims risk, defense strength, damages exposure
  • IP - Infringement, ownership, license scope, third-party rights
  • Data Privacy - Personal data, cross-border transfers, breach exposure
  • Employment - Misclassification, harassment, wage and hour, separation
  • Corporate - Governance, fiduciary, change-of-control, securities
  • Other - Anything that does not fit the above

​
The 5x5 Matrix

Each risk is scored on a 1-5 scale for severity (impact if it materializes, from negligible to existential) and a 1-5 scale for likelihood (from remote to near certain). The combination places each risk on a 5x5 heat map - the upper-right quadrant is the critical-attention zone, the lower-left is monitor-only. The same matrix is used by the Risk Assessment Skill so scoring stays consistent across matters.

​
What You Get For Each Risk

​
Mitigation Options

For each risk, the tool generates three mitigation paths:
  • Low effort / partial mitigation - What you can do this week
  • Medium effort / substantial mitigation - Negotiation or process change
  • High effort / full mitigation - Restructure, exit, or full remediation
Each option shows the new residual risk score so you can see the trade-off.

​
Ready-to-run prompt

Risk Assessment - structured risk register for a contract, matter, or corporate decision.

​
Monitoring Plan

For risks that cannot be fully eliminated, the assessment outputs a monitoring plan:
  • What to watch (a metric, an event, a date)
  • Who is responsible
  • The review cadence (quarterly, on event, on milestone)

​
Export

  • Word memo - Full risk register formatted as a partner-ready memo
  • Spreadsheet - Tracker format with one row per risk, sortable and filterable
  • Heat map PDF - Visual 5x5 matrix for board or executive presentations

​
Tips

Pair with the source documents. Run Risk Assessment inside a matter so it can draw on every uploaded contract, complaint, and email, not just the facts you typed into the prompt.
Re-score after mitigation. Update the assessment as risks are addressed - the residual score becomes the new baseline for the next review.
Sort by the escalation column. It is the most useful single field for triaging partner attention on a register with more than ten risks.

Contract Review

Clause-level review feeds risk entries straight into the register.

Compliance Check

Compliance gaps roll up into the risk view automatically.

Redline Analysis

Read a counterparty’s markup that drives shifting contract risk.

Skills

The matching Risk Assessment Skill enforces consistent scoring across teams.