Many businesses don't need a full-time general counsel but benefit from having regular legal support. Outside GC arrangements provide this efficiently.
Key Takeaways
- Predictable monthly cost
- Ongoing relationship means better advice
- Proactive risk management
- Coordinator for specialized matters
Typical Services
- Contract review and drafting
- Employment matters
- Corporate governance
- Regulatory compliance
- Vendor management
Proactive vs. Reactive Law
Most small businesses only call a lawyer when they get sued. This is "Reactive" and costs 10x more. "Proactive" General Counsel services involve monthly check-ins to review contracts before signing, update IP assignments, and ensure HR compliance.
Having a fractional GC means you have someone who knows your business history without needing 5 hours of "catch up" billing time for every issue.
Risk Management Strategy
A GC doesn't just answer legal questions; they weigh business risk. "Can we fire this person?" is a legal question. "Should we pay them 2 weeks severance to sign a release and avoid a potential PR nightmare?" is a GC strategy question. We help you make business decisions with legal context.
Attorney-Client Privilege for Businesses
Privilege applies to legal advice, not business advice. If you copy your GC on an email just to "keep them in the loop," it is NOT privileged. The email must be for the primary purpose of seeking legal counsel.
Tip: Start sensitive emails with "PRIVILEGED AND CONFIDENTIAL: REQUEST FOR LEGAL ADVICE."
Protect Your Business from Costly Legal Mistakes
A handshake deal is fine until things go wrong. Whether you're starting a company, negotiating a contract, or protecting your IP, you need clear legal agreements. Don't risk your hard work.
We offer a free 15-minute consultation to review your business needs.
Get Your Free Consultation NowHow does fractional GC billing work?
We typically offer a monthly flat or subscription fee for a set bucket of hours or unlimited "quick calls." This encourages you to call us for small questions before they become big problems.
Disclaimer: This article is for general information only and is not legal advice.