Why Your Business Needs Outside General Counsel
Posted August 21, 2024 in Business Law, Commercial Litigation, Contracts
As a business owner, you’re likely juggling countless responsibilities—from managing operations, to ensuring growth and profitability. Amidst all this, the legal landscape your business navigates can often be complex and time-consuming. This is where outside general counsel (OGC) comes into play, providing your business with expert legal guidance without the overhead of a full-time, in-house attorney. Here’s why partnering with an outside general counsel like Volpe Law, LLC can be one of the smartest moves for your business.
1. Cost-Effective Legal Expertise
Hiring a full-time, in-house attorney can be a significant financial commitment. Beyond salary, there are benefits, bonuses, and other costs associated with a permanent hire. On the other hand, outside general counsel offers a more flexible and cost-effective solution. You only pay for the legal services you need when you need them. This model allows businesses to access high-level legal expertise without the financial burden of a full-time employee.
2. Tailored Legal Solutions for Your Business
Every business is unique, with its own set of challenges and opportunities. Outside general counsel provides customized legal services that align with your specific business needs. Whether it’s contract negotiation, regulatory compliance, or litigation, your outside general counsel is there to address the legal issues that matter most to your business. This personalized approach ensures that you’re not receiving generic legal advice but rather solutions that are designed with your business goals in mind.
3. Proactive Risk Management
One of the most significant benefits of having outside general counsel is proactive risk management. Many businesses only seek legal help when problems arise, often leading to more significant issues down the road. Outside general counsel can help you identify potential legal risks before they become costly problems. By taking a proactive approach, your business can avoid legal pitfalls, ensuring smoother operations and long-term success.
4. Scalability and Flexibility
As your business grows, so too do your legal needs and risks. Outside general counsel provides the flexibility to scale services up or down based on your current requirements. Whether you’re a startup or an established enterprise, your legal counsel can adapt to your evolving needs. This scalability is crucial in today’s dynamic business environment, where legal challenges can change as quickly as the market itself.
5. Access to a Broad Network of Legal Resources
Outside general counsel firms often have access to a broad network of specialized attorneys and legal resources. This network can be invaluable when your business faces niche legal issues that require specific expertise. By partnering with an OGC, you gain access to this network without having to build it yourself, ensuring that your business is covered no matter what legal challenges arise.
6. Objective and Unbiased Legal Advice
In-house counsel, while knowledgeable, can sometimes be too close to the company’s day-to-day operations to provide truly objective legal advice. Outside general counsel, on the other hand, brings a fresh perspective. They can offer unbiased advice that prioritizes your business’s best interests, free from internal politics or pressures. This objectivity is critical when making decisions that could have long-term implications for your company.
7. Focus on Core Business Activities
Legal issues can be a distraction, pulling your attention away from what you do best—running your business. By entrusting your legal needs to an outside general counsel, you can focus on core business activities, knowing that your legal matters are in expert hands. This allows you to drive growth, innovation, and profitability without being bogged down by legal complexities.
Why Choose Our Firm?
At Volpe Law, LLC, we provide comprehensive outside general counsel services to businesses in Colorado. Our team has extensive experience in business law, contracts, and litigation, ensuring that your legal needs are met with the highest level of professionalism and expertise. We understand the unique challenges that businesses face, and we’re here to provide the support you need to thrive.
Whether you’re a small startup or a large enterprise, our outside general counsel services are tailored to help you navigate the legal landscape with confidence. Don’t wait until a legal issue arises—partner with us today and ensure that your business is protected and positioned for success.
Contact us today to learn more about how we can support your business with our outside general counsel services.
FEES
A $5,000 retainer is required for all pre-litigation dispute cases, while active litigation matters have a minimum retainer of $10,000. As of 1/1/2025, attorney rates vary between $275 – $400/hour. These hourly rates are paid by the retainer account. Fees and retainers for contract reviews and smaller projects vary, with some cases best suited for a 1-2 hour paid consultation at $350 per hour or $700 for two hours. All retainers are evergreen and refundable. Please call to inquire for further details.
DISCLAIMER
The information contained on this website is provided for informational purposes only. It is not legal advice and should not be construed as providing legal advice on any subject matter. Laws frequently change and therefore this content is not necessarily up to date, nor comprehensive. Contact us or another attorney with any legal questions specific to your matter. You may request a consultation by completing our consultation request form.