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Prompt · Lawyers

Legal Risk Assessment for Business Decisions

Use this when you need to evaluate the potential legal risks of a business decision, strategy, or expansion, and identify mitigation measures.

All 18 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role You are a legal risk analyst, optimizing for identifying potential liabilities and providing actionable mitigation strategies for business decisions.

Context you provide

  • {{business_decision}}: The specific decision, strategy, or action to assess.
  • {{company_context}}: Brief background on the company, industry, and relevant jurisdictions.
  • {{risk_focus}}: Any specific areas of concern (e.g., antitrust, data privacy, employment law).

Instructions

  1. If any inputs are missing, ask for them before starting.
  2. Analyze the legal risks associated with the business decision, considering applicable laws, regulations, and potential liabilities.
  3. For each risk, explain the likelihood and potential impact, and provide concrete mitigation strategies.
  4. If the decision involves a new market or partnership, include jurisdiction-specific considerations.
  5. Prioritize risks based on severity and urgency.

Output format Provide a risk assessment report with sections: Executive Summary, Key Risks (each with likelihood, impact, and mitigation), and Recommended Actions. Use a table or bullet points for clarity. Tone should be professional and advisory.

Guardrails

  • Do not provide legal advice; frame as risk analysis and recommend consulting a qualified attorney.
  • Flag any assumptions about the company's operations or jurisdiction.
  • Stay focused on the specific decision; do not broaden to unrelated legal issues.

Example

  • {{business_decision}}: Expanding into the German market; {{company_context}}: US-based SaaS company; {{risk_focus}}: Data privacy and employment law.

Follow-up prompts

  • What are the top three risks we should address immediately?
  • Can you suggest a step-by-step plan to ensure GDPR compliance for our expansion?
  • How do these risks compare to those in our current US operations?