Legal Research & Compliance

Risk Matrix Generation

Generate comprehensive compliance risk matrices with likelihood/impact scoring, control assessments, and prioritized remediation recommendations. Reduces risk assessment time by 65-80%.

Time Saved

65-80% reduction in risk assessment time

Accuracy

Systematic coverage of risk areas

The Problem

✗Comprehensive risk identification
✗Consistent assessment methodology
✗Prioritization of remediation efforts
✗Documentation of risk rationale
✗Ongoing monitoring and updates

How Claude Helps

Identifies compliance risks, assesses likelihood and impact, prioritizes by risk score, recommends controls and remediation, and documents assessment rationale.

Step-by-Step Workflow

Define scope

Business area, regulations

Identify potential risks

Comprehensive risk inventory

Assess likelihood and impact

Score each risk

Calculate risk scores

Likelihood times impact

Prioritize remediation

High/Medium/Low priority

Document and monitor

Ongoing risk tracking

Example Prompt

Generate a compliance risk matrix for our data privacy program:

BUSINESS CONTEXT:
- B2B SaaS company processing customer data
- Customers in US and EU
- Employee count: 150
- Applicable regulations: GDPR, CCPA, state privacy laws

RISK CATEGORIES TO ASSESS:
1. Data collection and consent
2. Data processing and storage
3. Data sharing and transfers
4. Data subject rights
5. Vendor management
6. Data security
7. Incident response
8. Employee training

FOR EACH RISK:
- Risk description
- Likelihood (1-5)
- Impact (1-5)
- Risk score (L x I)
- Current controls
- Control effectiveness
- Residual risk
- Remediation recommendations
- Priority (High/Medium/Low)

Format as a risk matrix table with supporting narrative.