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5. Identify and describe the four steps in creating a legal risk management plan. 6. What is risk avoidance, risk reduction, risk retention, and risk
5. Identify and describe the four steps in creating a legal risk management plan. 6. What is risk avoidance, risk reduction, risk retention, and risk transference? When is each appropriate? 7. Contrast the advantages and disadvantages of alternate dispute resolution. 8. Identify the stages of a lawsuit and briefly describe the parties who would typically be involved
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