Dazychain is the only legal software you need to manage risk

Our cloud-based software helps legal teams manage risk and compliance at every level, making your business more efficient and successful.

Effective risk management is one of the biggest challenges facing legal practices and companies alike. Every minute, organisations face risks that can have a significant impact on their bottom line.

That’s where Dazychain comes in. Our legal risk management software enables legal teams and law firms to manage operational risk in real time. It’s easy to use and it helps you get visibility over risk so you can mitigate its impact and protect your business.

See how you can identify, track and respond to risk today.

Lawyer using Dazychain’s legal risk management software on tablet device

Importance of legal risk management in businesses and law firms

The concept of legal risk management is about identifying, prioritising and mitigating risks. It’s essential for every business to have a thorough understanding of legal risk management. It helps you to identify issues that could affect your business’ growth and prevent you from achieving your goals.

While it can sometimes be the last thing on a legal team’s mind when a business is growing, legal risk management is arguably one of the most important factors to consider. Ineffective legal risk management can lead to confusion, errors and unnecessary costs. The last thing you need is a small oversight or missing document that could result in a hefty fine or worse.

Lawyers using Dazychain’s legal risk management software on laptop

Too many platforms and data sources mean that businesses can’t access important information when required.

Unfortunately, too many corporate and enterprise legal teams suffer because they don’t have a central platform to keep track of their important data. They use a combination of spreadsheets and emails, or multiple platforms and it’s not an effective way to manage risk. It makes for poor management which leads to wasted time and effort.

With the rise in cyber-attacks, data breaches and other digital threats, it’s essential that legal teams and law firms ensure they are able to spot potential risks before they become an issue that damages the company’s reputation.
Dazychain helps growing businesses, corporates and enterprises get a clear picture of their legal risk, enabling them to make effective decisions to help scale their business while ensuring their assets are protected.

Why corporate legal teams need risk management tools

Sometimes, files may be hidden in contracts on hard drives and policy documents may be sent by email or complicated spreadsheets. This all makes for poor management which leads to wasted time and effort.

There’s no point having important information on file if you can’t access it when required. Unfortunately, too many corporate and enterprise legal teams suffer because they don’t have a central platform to keep track of their important data.

Streamline your law firm’s risk management process with Dazychain

Our cloud-based software is designed to streamline the risk management process, facilitating data storage and access.

With Dazychain, you can: 

 

  • Raise emerging risks with the executive team to ensure appropriate levels of communication across the organisation

  • Protect the organisation by identifying legal risks to control their impact

  • Prioritise and report on any type of risk, including reputational risk, emerging legal and regulatory risks, urgency, and strategic importance  

 

  • Use predefined templates to collect data needed to identify risks

  • Set alerts and reminders for critical events to ensure compliance

  • Create reports to gain insights to communicate to management and legal teams

 
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Contact the team at Dazychain to book a demo today

Want to transform how your business operates? Book a demo today. 

Dazychain legal software has a range of features including document management, matter management, legal analytics, legal reporting, compliance management and more.