In the modern era of heavy legislation affecting many different Industries the ability to perform risk assessments in critical areas such as legal software is absolutely paramount. Typically risk assessments do not involve assessing software, they are more related to working environment procedures involving use of physical movement by staff and also physical equipment and in the software world quality assurance in software testing is much more common. However, with more and more reliance being put on the quality of output from software, particularly in the legal sector, the need to assess the risks involved of any software that is in use is more important now than ever. To perform this type of assessment an individual must be competent at both the legal requirements and understanding the technology of software.
The ability to risk assess software in particular legal shop software should not be confused with a particular type of technology product known as risk management software. This kind of software is all about managing risk across a business, for instance looking at key risk indicators in conjunction with key performance indicators and other relevant metrics risk management soft is a very big business and every business across the globe needs to understand risk manager however when the two combined legal software and risk management that is when we have a rather complex and unique situation facing the modern business of 2017. There are a few options to choose from but we tend to feel that Xactium produce the industry-leading risk management software.
Undertaking a risk assessment as mentioned earlier is something that requires unique skills when you are assessing the risk of legal software the size of a checklist of things to look out for when looking at this type of software is ever growing, however the time spent in advance of software been put into operation is very much worth it to avoid any risks causing errors and that’s causing issues to the user’s of the software and in particular people or companies who have a legal decision that is partly based on the output of such software. Of course, there will continue to be a string human input into crucial legal decisions, with the human aspect bringing emotional and cognitive intelligence still not yet available from computers, however, this situation is likely to continue to change over the coming few years.