Dedicated General Counsel offers on-demand legal services, provided to companies at a fixed rate, which is usually a fraction of the cost of staffing an in-house department or using a traditional law firm. Dedicated General Counsel offers a highly accomplished and experienced lawyer who is highly qualified to serve your company. Most companies have legal issues that need attention, and they either pay traditional law firms significant expense to supply those legal needs, or in some cases, they may be reluctant to hire lawyers altogether due to the high and unpredictable legal expense.
Dedicated General Counsel is a great alternative. Not only are the legal fees of Dedicated General Counsel fixed and predictable, but your satisfaction is guaranteed. If your company does not feel that Dedicated General Counsel is adding value, your company simply discontinues the services. No long-term contracts are required by Dedicated General Counsel. You decide how much time you want to reserve. You can subscribe for 10-15 hours per month, or 50-60 hours per month, or any amount in between.
The difference is experience. Steve Groom, of Dedicated General Counsel, has been General Counsel for four public companies, has practiced law with three prominent law firms where he represented numerous public and private companies, has extensive executive education training in leadership, strategy, mergers and negotiation from the nation’s leading business schools, and has served as principal of the Nashville office of a national consulting firm. In addition to his General Counsel roles, Steve has served as Chief Human Resources Officer and Chief Risk Officer. Steve founded Dedicated General Counsel to put all of this experience to work for your company.
No. While Dedicated General Counsel can likely handle most of your company’s legal issues, if your company wants to continue using its traditional law firms, it can certainly do so. In those instances, Dedicated General Counsel can help manage the relationships with your firms to ensure that your company gets the most effective and cost-efficient service.
Steve has spent decades managing outside counsel and can not only help manage the legal spend, but also manage the firm’s legal work (litigation or transactional) to ensure the most successful outcomes.
As part of the initial client intake process, Dedicated General Counsel will spend a significant amount of time, free of charge, visiting with your company in order to get to know your company, your business, your industry, your people, and your legal issues. The goal of Dedicated General Counsel is to become a strategic partner and valued resource to your company.
The goal of Dedicated General Counsel in offering this innovative approach is to become a strategic partner with your company, helping you proactively manage risks and capitalize on opportunities. For the concept to be successful, your company must feel that it can include legal counsel in its important day-to-day activities, and develop a long-term, trusting relationship in which you feel we add value.
For that reason, we offer monthly plans based upon hourly rates that are often one-half or one-third of the rates charged by partners in traditional law firms. During our initial consultation, we will gauge your company’s legal needs and help you choose an initial monthly plan. If your company needs fewer hours, we can roll the unused hours over to the next month; if your company needs more hours, we can increase the hours under your plan. If your company decides that Dedicated General Counsel is not adding value, you simply discontinue your services without any further obligation.
Some projects, such as rewriting your Employee Handbook, conducting an internal investigation, or reviewing your contracts and developing a contract management system, may be better suited for a Fixed Project Fee. If that is the case, we will agree with you on a fixed fee for that project. In those cases, the project is not charged against your monthly plan.
Your company may just want to engage Dedicated General Counsel a day or two per month to visit with your management team and address your list of legal issues which have been accumulated between meetings. In those instances, Dedicated General Counsel will charge a Fixed, Daily Rate. Your company can use the entire day (unlimited hours).