What is Fractional General Counsel and Why is it a Good Option for Your Mid-Size Business?

October 14, 2022

Large businesses often have in-house counsel to handle day-to-day legal tasks, ensure compliance with federal, state, and local regulations, and resolve more complex matters. Having in-house counsel would provide the same benefits to small and mid-size businesses, but few can afford the expense. That’s where fractional general counsel comes in. 

 

While hiring an attorney solely to draft or review a contract makes wise legal sense, it doesn’t make as much sense from an economic perspective. As such, many small and mid-size businesses use boilerplate contracts and enter into all types of agreements without any legal review. 

 

When it comes to more serious legal matters, small and mid-size businesses are at an even greater disadvantage; they must endure the time-consuming process of hiring an attorney and catching them up to speed every time they are faced with a legal issue. 

 

A Happy Medium 

 

Whether you need an attorney to handle day-to-day legal needs of the company, for example, contracts, corporate governance issues or employee matters, or the company has a goal to raise money, fractional general counsel is the most practical response to protect your business. You will get better results without the expense of in-house counsel or hiring an attorney every time a need arises. 

 

Where in-house counsel is a full-time employee, fractional general counsel is an attorney who works with your business as an independent contractor, on a part-time basis. This individual provides ongoing legal services to your business, at an agreed upon rate. Your fractional general counsel likely has multiple clients, but they dedicate a certain number of hours to your business each month.

 

Benefits of Fractional General Counsel

 

Having affordable counsel from an attorney who knows your business is invaluable. With fractional general counsel, your business gets: 

 

  • Customized legal services at a price you can afford and easily budget for; 
  • An attorney who understands your business goals and objectives;
  • The ability to obtain additional services (outside of the set number of hours) at a discounted rate; 
  • Ongoing legal advice to ensure that your business remains in compliance with federal, state, and local laws;
  • An attorney with a dedicated company email address who can serve as a point of contact and attend important meetings;
  • The ability to focus on business operations rather than legal matters and compliance;
  • Easy access to an attorney when important legal questions arise or contracts need drafted / reviewed; and
  • Representation in emergency legal situations or when matters escalate to the need for litigation. 

 

Contact a Pennsylvania Fractional General Counsel Attorney Today

 

If you believe your business could benefit from general fractional counsel, Ochroch Law can help. Contact Attorney Marjorie Ochroch today for a confidential consultation and to learn more.


July 17, 2024
Data privacy and security have become critical concerns for many industries, but none more so than the healthcare sector. With the sensitive nature of medical records and the increasing amount of data being stored and shared electronically, healthcare organizations must prioritize protecting patient information. The Importance of Data Privacy in Healthcare Data privacy in healthcare refers to the right of patients to control access to their personal health information (PHI). This information includes medical history, diagnostic results, treatment plans, and personal identification details. Ensuring data privacy is essential not only for protecting patients' rights but also for maintaining trust in the healthcare system. Privacy breaches can have severe consequences, including identity theft, discrimination, and damage to an individual's reputation. On top of that, healthcare providers may face legal repercussions and substantial fines if they fail to comply with privacy regulations such as the Health Insurance Portability and Accountability Act (HIPAA). Regulatory Frameworks Governing Data Privacy Healthcare providers in the United States are subject to stringent regulations designed to protect patient data. The most prominent of these is HIPAA, which sets national standards for the protection of PHI. HIPAA requires healthcare providers to implement administrative, physical, and technical safeguards to ensure the confidentiality, integrity, and security of electronic PHI (ePHI). In addition to HIPAA, healthcare organizations must also comply with other federal and state regulations, such as the Health Information Technology for Economic and Clinical Health (HITECH) Act, which promotes the adoption of health information technology and strengthens HIPAA's enforcement provisions. Pennsylvania, for instance, has its own set of laws and regulations that healthcare providers must follow to ensure data privacy and security. Common Threats to Healthcare Data Security Healthcare data is a prime target for cybercriminals due to its high value on the black market. Some common threats to healthcare data security include: Ransomware Attacks: Ransomware is a type of malware that encrypts a victim's data, rendering it inaccessible until a ransom is paid. Healthcare organizations are particularly vulnerable to ransomware attacks because of the critical nature of the data they hold. Such attacks can disrupt healthcare services and put patients' lives at risk. Phishing Attacks: Phishing attacks involve cybercriminals sending fraudulent emails or messages to trick recipients into disclosing sensitive information, such as login credentials. These attacks can lead to unauthorized access to healthcare systems and data breaches. Insider Threats: Insider threats can come from employees, contractors, or other individuals with access to sensitive information. These threats can be intentional, such as data theft, or unintentional, such as accidental data leaks due to negligence. Weak Passwords and Authentication: Weak passwords and inadequate authentication measures can make it easy for unauthorized individuals to access healthcare systems. Implementing strong password policies and multi-factor authentication can help mitigate this risk.  Best Practices for Protecting Healthcare Data To safeguard patient information and comply with regulatory requirements, healthcare organizations should adopt the following best practices: Implement Robust Security Measures: Healthcare providers should invest in advanced security technologies, such as encryption, firewalls, and intrusion detection systems, to protect against cyber threats. Regular security assessments and vulnerability testing can help identify and address potential weaknesses. Educate and Train Staff: Employee training is critical for maintaining data security. Healthcare organizations should provide regular training on data privacy policies, security protocols, and how to recognize and respond to potential threats. Develop a Comprehensive Incident Response Plan: Having a well-defined incident response plan can help healthcare organizations respond quickly and effectively to data breaches. This plan should outline the steps to take in the event of a breach, including notifying affected individuals and regulatory authorities. Conduct Regular Audits and Compliance Checks: Regular audits and compliance checks can help ensure that healthcare organizations adhere to data privacy regulations and internal policies. These audits can also identify areas for improvement and help prevent future breaches. The Role of Legal Counsel in Data Privacy and Security Legal counsel plays a vital role in helping healthcare organizations manage data privacy and security regulations. A knowledgeable attorney can provide guidance on compliance with federal and state laws, assist with developing and implementing privacy policies, and offer support during data breach investigations. Contact Ochroch Law Today If you need assistance with data privacy and security matters, Ochroch Law can help. We provide the legal guidance you need to safeguard your healthcare data and ensure compliance with data privacy and security regulations. Our legal team can help you protect your patients' information and mitigate the risks associated with data breaches. Contact us today to learn more.
April 24, 2024
Clear and comprehensive employee handbooks play a critical role in the success and protection of businesses, large and small. An employee handbook is a vital document that outlines a company's policies, procedures, expectations, and legal obligations. Below, we detail just a few of the many benefits your business will derive from the creation of an employee handbook. If you have questions about how to get started or need guidance at any stage of the process, Ochroch Law can help. Communicates Expectations An employee handbook sets clear expectations for both employers and employees. It outlines policies related to attendance, work hours, dress code, behavior standards, and performance expectations. When employees understand what is expected of them, it promotes consistency and helps prevent misunderstandings or disputes. Legal Compliance Employee handbooks are essential for ensuring legal compliance with federal, state, and local employment laws. They can cover a range of legal topics such as anti-discrimination policies, equal employment opportunity guidelines, wage and hour laws, family and medical leave policies, and safety regulations. Staying compliant with these laws is crucial to avoid legal liabilities and potential lawsuits. Promotes Consistency Consistency in company policies is vital for maintaining fairness and equity among employees. An employee handbook provides a uniform set of guidelines that apply to everyone in the organization, reducing the risk of favoritism or inconsistent application of rules. Employee Rights and Benefits A well-drafted handbook informs employees about their rights, benefits, and entitlements. This includes information on health insurance, retirement plans, paid time off, sick leave, and other perks. Clarity about these benefits can enhance employee satisfaction and retention. Guidance for Managers and Supervisors Employee handbooks are valuable tools for managers and supervisors. They provide guidance on handling employee issues, disciplinary actions, and workplace conflicts consistently and in accordance with company policies and legal requirements. Risk Management By addressing potential workplace issues upfront, employee handbooks can help mitigate risks and prevent disputes or litigation. For instance, policies on harassment prevention, safety protocols, and confidentiality guidelines can protect both employees and the business. Onboarding and Training An employee handbook is an integral part of the onboarding process for new hires. It introduces them to the company culture, values, and expectations right from the start. It can also serve as a reference tool for ongoing training and development. Customization and Flexibility Employee handbooks can be customized to reflect the unique needs and culture of your business. They can be updated periodically to adapt to changing laws, regulations, or company policies, ensuring they remain relevant and effective. Ochroch Law — Your Trusted Small Business Law Firm Every business, regardless of size, should invest in developing and maintaining a comprehensive employee handbook. Not only does it establish clear guidelines and promote a positive work environment, but it also protects the interests of both employers and employees. If you need assistance with drafting or updating your employee handbook to align with Pennsylvania employment laws, Ochroch Law is here to help. Contact us today for a consultation and to learn more.
February 12, 2024
Small businesses face a myriad of legal challenges that can impact their operations, growth, and long-term success. From contract negotiations and regulatory compliance to employment disputes and intellectual property issues, managing the legal intricacies of running a business can be overwhelming, especially for companies without in-house legal expertise. That's where fractional general counsel comes in. At Ochroch Law, we specialize in providing fractional general counsel services to small businesses in Pennsylvania and beyond. Read on to discover why every business needs fractional general counsel and how it can benefit your company. Expert Guidance Without the Overhead Fractional general counsel offers small businesses access to experienced legal professionals on a part-time or as-needed basis, providing expert guidance without the cost of hiring a full-time in-house attorney. This allows businesses to navigate complex legal issues while keeping overhead costs in check. Tailored Legal Solutions Every business is unique, with its own set of legal challenges and priorities. Fractional general counsel services are tailored to the specific needs of each client, providing personalized legal solutions that address the unique challenges and goals of the business. Whether it's drafting contracts, reviewing lease agreements, or advising on compliance matters, fractional general counsel can provide comprehensive legal support tailored to your business needs. Proactive Risk Management Prevention is often the best defense when it comes to legal issues. Fractional general counsel can help businesses identify and mitigate potential risks before they escalate into costly legal disputes. By proactively addressing legal issues and implementing sound legal strategies, businesses can minimize their exposure to liability and protect their interests. Strategic Legal Partner Fractional general counsel serves as a strategic legal partner to small businesses, providing ongoing guidance and support to help businesses handle legal challenges and seize opportunities for growth. Whether it's negotiating deals, resolving disputes, or protecting intellectual property rights, fractional general counsel acts as an extension of the business, working closely with stakeholders to achieve strategic objectives. Cost-Effective Legal Solutions Hiring a full-time in-house attorney can be cost-prohibitive for many small businesses, especially startups and emerging companies with limited resources. Fractional general counsel offers a cost-effective alternative, allowing businesses to access the legal expertise they need on a flexible basis, without the commitment of hiring a full-time employee. Contact Ochroch Law Today Fractional general counsel offers small businesses the opportunity to access personalized legal guidance and solutions, and proactive risk management without the overhead costs of hiring a full-time in-house attorney. Marjorie Ochroch is committed to providing high-quality legal services that fit within the budget of most small and medium-sized businesses. Contact Ochroch Law today for more information on how fractional general counsel can benefit your business and to schedule a consultation.
Share by: