Small businesses and startups can derive immense benefit from fractional general counsel programs. The economic reality is few startups and small businesses have the resources to hire an in-house attorney, or want to budget for full time legal help; but the value of having legal counsel at the ready cannot be overstated. This is where fractional general counsel brings value.
Fractional counsel provides your startup with competent legal counsel whenever you need it. With an affordable monthly-fee structure, the business can budget for legal services and seek counsel on an as needed basis. This type of arrangement provides an in-house counsel feel without the cost. It creates a high trust relationship and easy access to a competent attorney who knows your business intimately.
Many small companies and startups are hesitant to call an attorney when legal needs arise because of the billable hour structure. A real concern is thousands of dollars in legal fees without certainty that the benefit is worth the cost. As a result, in a critical situation, businesses often wait too long or try to manage the problem themselves without expert advice. This typically results in excessive legal costs and some level of irreparable damage.
Fractional general counsel addresses this problem by eliminating the client’s reluctance to seek legal counsel when needed. Your attorney can customize her approach to your business’s unique needs and budget, and you can feel comfortable seeking counsel whenever the need arises.
Fractional general counsel is not one size fits all. At the Ochroch Law Group, Marjorie Ochroch develops a suite of services specific to the legal needs of your small business or startup on an as-needed or on-demand basis. Marjorie also provides flexibility in addressing each client’s budget.
Together, she and the client can forecast the budget for legal needs and prioritize growth-focused spending to ensure that the business is simultaneously protected and positioned for sustainable growth. This is particularly important for startups, for which budgets and long-term projections can be a challenge, especially during the first few years.
Fractional general counsel provides a flexible and affordable monthly subscription structure that allows startups to budget for competent legal services, from an attorney who knows their business intimately. This enables startups to focus on operations rather than legal and compliance matters, which can drain a startup of the time and resources needed to innovate and scale.
Attorney Marjorie Ochroch offers representation to small and mid-size businesses as fractional general counsel on a weekly basis. Whether you are starting a new business or managing an existing one, the Ochroch Law Group can help you navigate important legal decisions and position your business for success. Contact Marjorie Ochroch today for a confidential consultation and to learn more.
marjorie@ochrochlaw.com
Serving Montgomery County and the Greater Philadelphia Area