Legl’s Risk Assessments feature brings client and matter risk into one digital workflow, built around your firm’s own policies. See how to move away from manual spreadsheets and Word templates, reduce inconsistency, and create a clear, auditable record of risk decisions.
If you missed the live session, you can catch up below.
What you’ll learn
In this training webinar, Rick (Product Marketing Manager) and Evie (Customer Success Manager) cover:
Why risk assessments are a core part of Legl and how they fit with CDD
How Legl digitises your existing SRA-based or firm-specific templates
The difference between client and matter risk assessments
How to start, complete and submit a risk assessment
Using dynamic questions and logic so teams only see what’s relevant
How high-risk factors are flagged and escalated
Setting reassessment dates and reminders
Where to find a full audit trail and previous versions of a risk assessment
Webinar highlights
Why digitise risk assessments?
Firms often run risk assessments in spreadsheets, Word documents or shared drives. This can lead to:
Inconsistent completion and missing information
Difficulty tracking who decided what, and when
Limited visibility across teams or departments
Painful audits and file reviews
Legl’s Risk Assessments:
Centralise all assessments in one place
Pull in existing client and matter data from Legl
Guide fee earners through structured, policy-aligned questions
Automatically surface risk flags and high-risk factors
Record decisions in a time- and user-stamped audit trail
How Risk Assessments work in Legl
Templates built around your firm’s policy
Legl can set you up with:
A standard template based on the SRA example; and/or
Digitised versions of your own templates (from PDF, Word, etc.)
Templates can include separate sections such as:
General / file information
Client risk
Matter risk
Jurisdiction risk
Services / products
Enhanced due diligence
You can also have multiple templates, e.g. different versions for:
Individuals vs businesses
Different practice areas or entity types
All questions, scoring and logic are configured to match your risk policy.
Starting and completing a risk assessment
From the Risk Assessments dashboard you can:
See all assessments (completed, in progress, escalated, reassessment due)
Filter by client, matter, status, owner, or template
Start a new assessment using the “Start Risk Assessment” button
When you start an assessment, Legl will:
Pull through known details (e.g. client name, address, matter reference, last CDD date)
Step you through each section with clear prompts and guidance text
Use conditional logic so users only see relevant follow-up questions
Throughout the assessment, key risk factors are highlighted so reviewers can quickly see:
Where higher-risk answers have been given
Which sections may require additional checks or EDD
Escalations, approvals and reassessments
Risk Assessments support your internal governance by:
Flagging high-risk answers and overall high-risk ratings
Automatically escalating high-risk cases (e.g. to compliance/MLRO) via email once the assessment is completed
Allowing you to set a reassessment date; Legl will email the owner a reminder before it’s due so nothing is missed
This helps ensure higher-risk files receive the right level of oversight and are reviewed on a regular schedule.
Audit trail, versions and reporting
Every risk assessment in Legl includes:
Time- and user-stamped history of changes
The final risk rating and rationale
A PDF export of the assessment for your file
Access to previous versions, so you can see how risk has evolved over time
This gives you a clear, defensible record for regulators, file reviews, and internal audits.
Getting started
To enable Risk Assessments for your firm:
Contact [email protected] and let us know:
Whether you’d like to start with the standard SRA-based template, and/or
Digitise your existing firm templates
Share your current templates and risk policy (e.g. PDFs, Word docs, scoring rules)
We’ll configure your templates in Legl and support you in rolling them out to your teams.