Many businesses today need legal counsel for a wide range of matters. However, they may not have the budget or the need for a full-time in-house attorney. Luckily, there is a solution to this problem. Outsourced general counsel is an option for businesses of all kinds and sizes who need legal advice but may not need a lawyer on staff.
What is Outsourced General Counsel?
Outsourced general counsel is essentially on-demand legal services and advice from your corporate lawyer when you need them. Your attorney helps you with all different parts of your business. For example, you might turn to us for advice or representation for:
- Employment law
- Risk mitigation
- Contract drafting, negotiation, and review
- Commercial real estate law
- Regulatory compliance counsel
- Securities law
- Corporate governance
There are many benefits to using outsourced general counsel for your business. Outsourced attorneys get to know your business to offer corporate legal counsel for your operations, just like an in-house business lawyer would, but without many of the restrictions and downsides of having a full-time attorney on the payroll.
The Advantages of Using Outsourced General Counsel for Your Business
Many businesses today use outsourced general counsel services because they are cost-effective, offer legal services for a wide range of issues, and also help improve operations.
Cost-Effective Legal Counsel
One of the most obvious benefits is the cost savings compared to an in-house attorney. Using outsourced legal services means your company doesn’t have the costs of a full-time salary, employee benefits, and other costs associated with hiring an on-staff corporate lawyer. This is a budget-friendly way to obtain the specialized legal services you need.
One Point of Contact for Multi-Disciplinary Legal Advice
Also, one of the many downsides to having an in-house attorney is that they generally specialize in only one area of law. However, your business often faces many different legal matters, from dealing with financial transactions to designing employee benefit programs. Your outsourced general counsel offers multi-disciplinary legal guidance for your business. We draw on resources and knowledge from all the attorneys at our firm while still providing you with one point of contact for legal services. That’s why many companies contract outsourced general counsel services even when they do have in-house counsel.
Optimizing Your Operations, Mitigating Risks, and Representing Your Company During Legal Issues
Having an attorney on your side also helps you make informed decisions when it comes to your company’s operations. Your business lawyer offers experience in a myriad of different areas of laws. In addition, it helps your business be prepared for anything. You never know when legal issues may arise. Rather than trying to find an attorney after legal proceedings have begun, you can simply call your counsel for representation for your company.