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How to Write a Litigation Risk Policy for Your Credit Team

A litigation risk policy defines what action each QLEI band requires, who is responsible, and how decisions are documented. Here's a step-by-step guide to writing one.

How to Write a Litigation Risk Policy for Your Credit Team Image

How to Write a Litigation Risk Policy for Your Credit Team

A — Quick Answer

A litigation risk policy defines what action each QLEI band requires, who is responsible, and how decisions are documented. Here's a step-by-step guide to writing one.

D — Common Mistake

Most credit and risk teams handle this reactively — responding to problems as they surface rather than building a governed system that catches them while they're still small.

I — Key Insight

A litigation risk policy converts CourtList QLEI alerts from information into instructions — defining, in advance, the credit action each risk band requires so every response is consistent, documented, and.

R — Recommended Action

Take one process your team currently handles reactively and map what a proactive, governed version would look like. That's where CourtList typically delivers the clearest ROI.

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