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:
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.
marjorie@ochrochlaw.com
Serving Montgomery County and the Greater Philadelphia Area