Businesses continually seek to find efficiencies in their operations, and they cut costs wherever they can. With this focus on efficiency, many companies are faced with a difficult decision when it comes to legal spend:
(1) Do they continue to rely on traditional law firms, with high hourly rates, and difficult-to-predict legal spend?
(2) Do they bring their legal services in-house? Moving legal services in-house is not always an easy decision. Getting an experienced, highly effective general counsel typically requires executive-level compensation, with benefits, staff support, technology, and the like.
(3) “Fractional general counsel”. Dedicated General Counsel offers a third option. With fractional general counsel services, your company will not pay for the overhead of a traditional law firm, or of an in-house legal department. You only pay for the services your company needs. You can subscribe for 10-15 hours per month, or 50-60 hours per month, or any amount in between. In return, you are provided a highly experienced attorney, usually at a fraction of the cost of a traditional law firm partner.
Steve Groom of Dedicated General Counsel believes that lawyers add value when they do more than just give legal advice. He believes lawyers add value when they understand the client’s business and support achievement of a company’s goals, while identifying and simplifying the risks associated with a chosen course of action.
Learn more about Dedicated General Counsel and Steve Groom. Get answers to Frequently Asked Questions, read testimonials from others with whom Steve has worked, and contact us today to let Dedicated General Counsel assist your company.
All businesses need legal guidance, but not all businesses have the need, or the resources, for an in-house general counsel or legal department. For many businesses, the only alternative to an in-house legal department is to pay for the services of an outside law firm. This can be expensive, and the fees from month to month can be very unpredictable. With “fractional” general counsel, such as Dedicated General Counsel, the business pays for a predetermined “fraction” of the General Counsel’s time. In other words, you pay for a “fraction” of a highly experienced lawyer’s time, at a “fraction” of the expense you’d pay for a law firm partner.