Companies can only manage risk, not eliminate it. In a highly regulated industry faced with dramatic changes in business methods and oversight, financial institutions must be ready to meet unexpected challenges. In the event of a data breach, litigation, or governance crisis, Corporate Risk Advisors has professionals who can help. CRA also identifies opportunities for outsourcing aspects of litigation that can be more efficiently performed overseas through offshore vendors, and CRA's staff can assist corporations to identity and screen potential legal process outsourcing (LPO) providers.

CRA management teams organize quick response programs to assist an institution faced with situations that are potentially costly or damaging, by identifying the appropriate notices required to mitigate loss, managing internal investigations and fact-finding, conducting liability evaluation and resolution analysis, developing remedial programs, interfacing with management and, if appropriate, the regulators.

CRA can provide crisis management assistance during significant data security breaches. Among other things, CRA is able to narrow the scope of potential loss exposure, fashion a media-friendly response, assure the institutions' regulators that security weaknesses are being addressed, as well as implement customer dialogue in a manner that is well received by the institution's customer base.

In addition to immediate crisis management, class action and similar claims brought against our clients have the potential to create significant loss. Our economic and statistical staff works in conjunction with law firms to prepare valuation analyses, assess liability and prepare due diligence and document discovery responses.

The Crisis and Litigation Management Services we offer include:

Crisis Management
Data Security Breach
Litigation Support
Expert Testimony Assistance