What is our Fractional General Counsel Program?
Our Fractional General Counsel Program provides the legal help your company needs, when it needs it, all for a fixed monthly fee. The monthly-fee structure not only enables our clients to more easily integrate legal fees into their budget and proactively seek legal counsel when they need it, it also allows us to invest the necessary time on tasks we believe is in the best interest of our clients. As a result, this fosters a high trust relationship – as we get to know the clients we serve inside and out, our clients ultimately feel they have access to a trusted in-house attorney as if we are right down the hall, but without all the strings attached, on an as needed basis and for a fraction of the cost.
What problems does your Fractional General Counsel Program solve?
Often times many companies face issues, which may need the assistance of legal counsel; however, these companies are hesitant to pick up the phone and call an attorney for fear of what they do not know as well as the billable hour framework provided at most law firms. Instead of reaching out to an attorney or law firm, companies find themselves engaging in self-help. They ask themselves questions such as is an attorney going to bill me when I call just to diagnose the issue? More often than not, if a company waits to handle a situation that arises in its business it could become even more costly.
Our Fractional General Counsel Program solves this problem as it recognizes that clients are asking for something more than just the billable hour. If an attorney is solely focused on the billable hour with respect to his or her representation of a client this creates an inherent conflict in such relationship, as the billable hour truly drives the attorney’s behavior when providing such representation. The Fractional General Counsel Program provides a risk and value based approach tailored to what each client is looking for while reducing the legal expenses incurred.
How does your Fractional General Counsel Program work?
As fractional general counsel to our clients, we strive to understand the overall goals of their businesses. After understanding what those goals are, we are able to curate specific services to our clients which meet their legal needs. The key focus in doing so is prioritizing what is truly important to each client as this is not a one-off transaction; this a relationship. We are here to assist alongside our clients in order to not only understand their businesses, but more importantly, provide effective legal services on an as-needed, on-demand basis.
The curating process for each individual client, focuses in on where they are spending their current legal time and where they are spending their current legal dollars potentially with others that are not delivering the value they think they need. Integral to this curating process is pricing for legal fees. As fractional general counsel we are able to provide constant flexibility with respect to our client’s budget. This provides the client with an overall feeling of control over such expenditures. Instead of simply paying a bill each month based on billable hours, we are able to sit down and forecast their budget for legal needs while prioritizing the most important aspects of their growth as a business. This provides our clients with the ability to have a continuous conversation with us as their trusted legal advisor about the actual value being delivered as we are able to assess what their legal needs are on a monthly basis, while reassessing on a quarterly basis.
What kind of clients does your Fractional General Counsel Program serve?
Any company at any stage of the growth process – including startups, small growth based companies and even larger companies looking to build out their legal departments with outside assistance. The value behind this type of service is very similar to any subscription based service a company utilizes in its day to day business. It is never too early and never too late for a company to become involved and we want to assist your company in its growth strategy side by side as this makes the practice of law both exciting and rewarding.
Our Fractional General Counsel Program combines the best aspects of in-house and outside general counsel while helping our clients reduce costs and enhance the attorney-client relationship.
We’re always here when you need us.