Many small and emerging companies desire legal advice for specific business transactions and day-to-day matters but do not have the budget or workload needed to support hiring a full-time General Counsel. Companies in this position must often choose between engaging outside counsel at hourly rates or moving forward without legal counsel. The former choice can lead to unpredictable and high legal expenses, and the latter carries the risk of unforeseen future legal complications.
To address this issue, CounselGS offers experienced business lawyers able to act as an “Independent General Counsel”. Under this type of engagement, also known as “outside-inside counsel” arrangement, one of our attorneys would become familiar with your business and serve in much the same role as in-house counsel.
In lieu of hiring a full-time employee or paying by the hour, however, your company would pay a flat monthly fee. We believe this arrangement offers benefits ranging from quickly answering “hallway” questions to drafting and negotiating expertise from a lawyer who already knows your business.
Our attorneys have years of experience serving as both law firm and in-house counsel and can advise on a wide range of matters, including general business counseling, contract and licensing matters, entity formations, corporate governance, dispute resolution, building a robust legal infrastructure, and legal compliance issues. Our attorneys can also help manage outside counsel, when needed, for specialized matters.
In summary, the benefits of an Outside General Counsel include: