In-house legal and outsource law firm support teams can provide significant value by reducing costs, improving efficiency, enhancing compliance, mitigating risk, and serving as strategic business partners to create a more sustainable and resilient organization. We can integrate subject-matter experts, as well as interim General Counsel and senior and junior lawyers, into your organization for part-time, full-time or project oriented assignments, at a lower cost than traditional law firms. The benefits of this model include:
- Cost-effectiveness: routine legal matters are handled more efficiently with a better understanding of the client's budget, which will help prioritize legal matters leading to more predictable and lower overall costs.
- Improved outcomes: familiarity with the client's business and objectives will lead to negotiation of better deals and achievement of internal goals.
- Strategic business partnerships: a deep understanding of the business, culture, and goals, allow for more strategic legal advice aligned with client objectives avoiding the need to relearn or re-explain complex issues.
- Proactive risk management / Improved compliance culture: access to company operations and policies will enhance identification of potential legal risks and more proactive steps to mitigate them, and promote a culture of compliance and ethical conduct, protecting the company's interests and reputation and complying with complex regulations and industry standards.
- Business development: experienced BD lawyers will support activities such as drafting contracts, reviewing proposals and term sheets, and providing legal advice on potential strategic partnerships.
- Training and education: more effective training and education can be provided to employees on legal topics relevant to their function and the company’s business.
- Enhanced efficiency and productivity: provision of legal advice and assistance can be accomplished more quickly by in-house lawyers than external counsel, which will accelerate the decision-making process.
- Improved communication: embedded teams can communicate more effectively with other departments within the company, leading to better collaboration and problem-solving.
- Investor Confidence: a strong legal team can instill confidence in investors and stakeholders, demonstrating a commitment to good governance.
- Employee Relations and HR Support: in-house counsel can provide guidance on employee relations matters, such as contracts, disputes, internal investigations and disciplinary actions and ensure compliance with employment laws and regulations.
- Crisis management: because stuff happens! – responding in real-time to crises, such as lawsuits, shareholder activism, M&A activity or regulatory issues, can be handled more quickly and effectively with less anxiety and disruption of the business. WE WILL BE THERE WHEN YOU NEED US!