Outsourcing Your In-House Counsel
It’s good for your business to have a long-term, working relationship with an attorney. Though in some ways it’s preferable to have a lawyer in-house, at many businesses, there isn’t enough legal work to justify employing a full-time attorney.
What Are The Ongoing Legal Issues For Your Business?
Because of the demand for our services, we often act as outsourced in-house legal counsel for small and midsized businesses. These services involve handling day-to-day issues like:
- Drafting, review, negotiation and administration of contracts
- Employment law issues
- Intellectual property
- Competitive intelligence
- Term sheets and letters of intent
- Purchases and acquisitions
- Succession planning
We follow one of two tracks when providing in-house legal counsel to small and midsized businesses. For companies that outsource legal matters infrequently, our part-time involvement typically includes bundled services tailored to the clients’ needs. These services are designed to mirror those provided by law departments of medium to large corporations.
The second track is designed to augment the active involvement of outside counsel in day-to-day legal matters for quicker response and generally reduced costs.
Is “outsourced in-house counsel” right for your business? Probably. Consider the reasons listed below.
Twelve Reasons Why Outsourced In-House Counsel Is A Good Idea
- Supervisory or field sales personnel have access to counsel for on-the-fly contract review or relevant legal questions.
- Human resource strategies can be established and closely managed to prevent or minimize liability risk.
- It provides hands-on protection of trade secrets, from customer lists to critical competitive information.
- A front-line legal specialist who works with management can best implement preventive legal strategies.
- Maintain greater control of outside legal expenses by reducing per-hour costs and realize increased economic efficiencies in handling corporate legal overflow.
- Tackles issues that would otherwise demand the attention and time of top management.
- It helps promote a larger image in your industry.
- It provides a responsive, legally trained team member who deals with each transaction, matter or issue with the immediacy and urgency your organization requires.
- Implements policies that protect your business and maintain compliance with current statutory requirements.
- Legal costs become a predictable budgetary item without the attendant employee costs a full-time counsel would require.
- The drafting of contracts and preparation of standardized forms is best accomplished by a team member with intimate knowledge of the structure, goals and culture of the organization.
- Supervisory control over the entire procedure of contract formation and administration is allowed.
In-house counsel services at Slinde Nelson typically follow one of two tracks for small to midsized enterprises. For companies that outsource legal matters infrequently, our part-time involvement typically includes bundled services tailored to the clients’ needs. These services are designed to mirror those typically provided by law departments of medium to large corporations. The second track is designed to augment the active involvement of outside counsel in day-to-day legal matters for quicker response and generally reduced costs.
Talk With A Team That Will Understand
You Decide The Scope And Nature Of Our Services
The scope of our outsourced in-house counsel services is decided entirely by the client. We will configure a unique arrangement to fit your particular situation. For example, some clients retain us for 20 hours a month. Others engage us to work only on specific projects.
In every case, our services are enhanced by the fact that our attorneys have real business experience – not just in business law. We have experience operating our own businesses, and we’ve even had experience hiring corporate counsel.
We entered the practice of law with a clear idea of what our clients need from us – reasonable billing practices, prompt answers to phone calls, a generally enjoyable mode of practice. And we provide more than just legal counsel for small and midsized businesses. We can give business advice, too. Our success is apparent in our results and client testimonials.
If you’d like to discuss your particular business issues and determine whether we would be a good match to provide in-house legal counsel for your small or midsized business, give us a call or complete the brief online form.