Commonly, business leaders struggle to decide when to hire their first in-house lawyer. Sometimes, you’re not sure if you have enough work for a full-time resource. More often, you’re simply too busy to consider how a dedicated lawyer could support the growth of your business. The result is typically a reactive legal strategy, that uses expensive external law firms, and overpays for resources to get up to speed each time they’re engaged.
While it may be true that not every company requires a full-time General Counsel, having someone dedicated to building and supporting your company’s legal strategy will ensure the right balance between working on proactive risk management, and handling reactive, time-sensitive matters that are most efficiently handled by someone who already understands your business. Today, many companies are turning to Fractional General Counsel as the solution.
With a Fractional General Counsel, you get access to a dedicated legal resource you can trust, without full-time commitment. You’ll free up your own time to focus on growing your business, while maintaining peace of mind that a customized legal strategy is being built and executed by a lawyer who is integrated with your team.
CEO Law makes senior, Bay Street trained lawyers, with in-house experience, available to businesses starting at a commitment as little as one-day per month. Companies have the flexibility to scale-up to meet short-term demands, or as your business grows, and always have an experienced resource actively supporting your ongoing needs. Each engagement begins with a 60-minutestrategy meeting between the client and the lawyer that sets a framework for how the lawyer will support the client. Additionally, scheduled monthly check-ins with both the lawyer and a dedicated account manager make certain that the engagement stays on track, even if priorities shift. The process is designed to have maximum impact on the companies CEO Law serves, while minimizing the amount of time you need to spend thinking about legal.
Recognizing that most corporate leaders aren’t able to allocate the time necessary to know what your business should prioritize from a legal or risk management perspective, we’ve put together this document to help you understand 10 ways your Fractional General Counsel can help.