Legal Risk Assessment Form

Legal risk is an inevitable part of doing business, but understanding and managing that risk doesn't have to be complicated. This Legal Risk Assessment Form template helps law firms, legal consultants, and corporate counsel conduct thorough evaluations of a client's legal exposure across contracts, employment, compliance, intellectual property, and operational activities.

Whether you're a boutique law firm advising startups, a corporate legal department conducting annual risk reviews, or a legal consultant helping SMBs navigate compliance challenges, this template streamlines the intake process and ensures no critical risk area goes unexamined. The form captures essential information about business structure, industry-specific activities, contractual relationships, and existing risk management practices, then guides clients through potential mitigation strategies and insurance coverage recommendations.

What makes this template valuable for legal professionals:

The structured format walks clients through every major risk category—from data privacy and employment law to product liability and regulatory compliance—making it easy to spot gaps in protection before they become problems. Conditional logic can be used to tailor follow-up questions based on industry, company size, or specific risk flags, ensuring you gather the most relevant information without overwhelming the client.

For law firms managing multiple client assessments, this form integrates seamlessly with your practice management software via Stepper workflows. Automatically route completed assessments to the right attorney based on practice area, trigger internal review processes, generate preliminary risk reports, and update your CRM—all without manual data entry.

Need the client to sign off on recommendations or engagement terms? Send the completed assessment for secure eSignature through Papersign, creating a complete audit trail from risk identification to formal engagement.

This template is ideal for corporate attorneys, risk management consultants, insurance brokers working with legal counsel, compliance officers, and any legal professional who needs to conduct systematic risk assessments for business clients. Customize questions to reflect your firm's methodology, add your branding, and deliver a professional client experience that positions your practice as thorough, modern, and client-focused.