Outsourced General Counsel
The law office of Michael F. Rozmajzl Esq. P.C. provides outsourced general counsel services.
What is outsourced general counsel services? Outsourced general counsel service is the engagement of an experienced outside attorney with broad legal experience, strong business knowledge, and deeply entrenched in your company to manage all legal matters rather than engaging a full-time in-house counsel. For those infrequent matters requiring a legal specialty (e.g. patent filing or litigation), the outsourced general counsel engages and manages the special counsel.
An outsourced general counsel is a strategic partner who strives to provide the same level of service offered from a dedicated, in-house business attorney. Although outsourced general counsel works on a part-time basis, your outsourced general counsel will attend certain management meetings and have a deep familiarity with your business, identifying and proactively handling potential risks.
Companies without in-house legal staff often face challenges when it comes to handling their legal matters. There may be a desire to engage a full-time in-house professional, but such engagement is cost-prohibitive. As a result, key decisions are either never made, delayed, or made with insufficient information.
The benefits to outsourced general counsel are:
- Controlled Cost — With outside general counsel at a fixed monthly fee or fixed hourly allotment, a company can project the legal costs each billing cycle with a fair degree of accuracy.
- Broad Expertise — Knowing that legal issues rarely fall into just one category, partnering with the right outsourced general counsel with broad experience can provide access to legal expertise across a variety of disciplines. This approach allows you to interface with one attorney to handle all your legal matters and streamline the management of lawyers who practice in various disciplines, drawing on their expertise at the right time, helping control overall legal spend.
- Reduced Risk — Although the decision to outsource legal services is often based on controlling cost, engaging outside general counsel can also drive down a client’s business risks. With experienced outside general counsel, businesses have an expert on-call who can help them navigate the legal landscape and make informed business decisions that mitigate potential risks.
- Improved Efficiency — Like many other business consultants, the right outside general counsel can help an organization operate more efficiently. As the outside general counsel builds an in-depth understanding of the client’s organization, their knowledge, insight, and experience will help uncover issues before they actually become problems.