How Can Outsourced General Counsel (OCG) Help My Business? 

As any business leader can tell you, legal concerns are some of the most frustrating and complicated aspects of owning or managing a business. Furthermore, these issues are also some of the most consequential. Making a mistake in a shareholder agreement, misclassifying a worker, failing to protect trademarks, and other legal mistakes can lead to avoidable headaches and considerable costs. This is why many business owners are turning to outsourced general counsel for legal guidance. With outsourced general counsel, you gain the advantages of an in-house lawyer at a fraction of the cost, yet many businesses don’t look into this possibility, perhaps not fully understanding the benefits.

Legal Support for Small Businesses  

If your business revenue is $10 million or more, but your company is not large enough to justify a full-time attorney, you may be unsure how to meet your legal needs. Fortunately, there is a solution. Outsourced general counsel programs allow you to benefit from professional legal support without investing in an in-house lawyer. Your attorney will provide guidance depending on your monthly arrangement. This keeps your costs down while ensuring that you avoid legal mistakes that stunt your business’s growth. Even more importantly, utilizing outsourced general counsel frees you to focus on the bigger picture.  

The YourOCG at the Gierach Law Firm provides a wide spectrum of support because of our experience not only in business law, but in accounting, and business management and ownership. We are able to cover a variety of bases for companies who want to be proactive, save money, and have a confidential and qualified business advisor.

Personalized Guidance from an Attorney Who Understands Your Business  

Many business owners do not consult with an attorney until they are facing an emergency. They are left scrambling to put out fires that, in many cases, could have been prevented. As outsourced general counsel, your lawyer can take the time to get to know you and your business and design custom strategies to avoid these types of emergencies. Your lawyer can help you avoid mistakes and oversights that put your business at risk of lawsuits or other legal problems. Your lawyer can also put plans in place to sustain your business long term. An outsourced general counsel can help businesses with: 

• Business valuation and sales 
• Regulatory compliance  
• Business entity selection 
• Protecting intellectual property 
• Employee concerns 
• Contract drafting and review 
• Contract negotiations 
• Litigation management 
• Vendor disagreements 
• Tax planning 
• Business succession planning 
• Commercial real estate and leasing concerns 

Call Us to Learn More About Outsourced General Counsel 

Outsourced general counsel is a different approach to the attorney–business owner relationship. Instead of taking a reactive approach to legal emergencies, outsourced general counsel is a proactive approach that prevents problems before they arise. Outsourced general counsel can give you the predictability and peace of mind you need to focus on running your business, and provide you with a trusted resource who can help you reach goals with less distractions. To learn more about how outsourced general counsel can help your business, contact the Naperville business lawyers at the Gierach Law Firm. Call us at 630-228-9413 for a confidential consultation today.  

Source: 

Forbes