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Related Experiment Videos

Control the risks of high-stakes litigation.

J J Sheehy

    The Journal of Business Strategy
    |April 9, 1991
    PubMed
    Summary
    This summary is machine-generated.

    Prepare for litigation crises with a strategic contingency plan. This blueprint helps companies mitigate financial, personnel, and market disruptions effectively.

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    Area of Science:

    • Business Strategy
    • Risk Management

    Background:

    • Litigation crises pose significant financial and operational risks to companies.
    • Disruptions impact company personnel and market stability.

    Purpose of the Study:

    • To provide a blueprint for developing a corporate contingency plan.
    • To address the multifaceted challenges of litigation crises.

    Main Methods:

    • Formulating a strategic contingency plan framework.
    • Outlining key components for crisis preparedness.

    Main Results:

    • A structured approach to managing litigation crises.
    • Enhanced corporate resilience against legal challenges.

    Conclusions:

    • Proactive planning is essential for mitigating litigation crisis impact.
    • A comprehensive contingency plan safeguards financial health and operational continuity.