How Outsourced General Counsel Can Protect Your Business and Help You Enjoy Continued Success
As a business owner, you may feel like your to-do list never ends. Juggling sales, marketing, budgetary concerns, inventory, and employee issues can leave many business owners overwhelmed and overworked. Handling everything on your own is not only stressful but also unsustainable in the long run. Learning how to properly delegate is essential to your business’s long-term success. One way you can delegate responsibilities and ensure that you are not making mistakes that can land you in legal trouble is to utilize outsourced general counsel.
What is Outsourced General Counsel?
If you run a small or medium-sized business, you deal with many of the same legal and financial concerns that larger businesses deal with. However, you may not be able to justify the costs associated with in-house legal counsel. Outsourced general counsel allows you to benefit from professional legal guidance without hiring a lawyer on a full-time basis. Outsourced lawyers provide the same services that an in-house lawyer would provide, but their services are used on an as-needed basis. Many small businesses outsource payroll, marketing, staff recruitment, and other aspects of the business. Therefore, it makes sense to do the same for legal services.
Professional Legal Guidance Can Help Your Business Avoid Legal Pitfalls That Slow Your Growth
Running a business without professional legal guidance is like walking a tightrope without a net. It is only when a legal problem such as a lawsuit or breach of contract action arises that you really understand the value of proper legal support. Unfortunately, by the time a situation like this happens, the damage to your business may have already occurred. Preventing legal problems is always preferable to managing the fall out of a legal dispute after the fact. An outsourced lawyer can help you prepare business contracts so that they adequately serve the intended purpose and are legally binding should any future problems arise. Your lawyer can also address tax issues, business entity formation, and protecting your intellectual property.
Guidance from a business lawyer is especially important for commercial real estate purchases and lease agreements. Many business owners underestimate the power they have to negotiate the terms of lease agreement. They assume that they must blindly accept the terms suggested by the landlord. This is a perfect example of a situation in which your lawyer can advocate on your behalf and ensure that you are taking the steps necessary to protect your business and help your company be as successful as possible.
Call Us Today to Learn More
If you are a business owner, do not wait until a legal problem arises to get quality legal advice. At the Gierach Law Firm, our Naperville business law attorneys provide personalized legal guidance for a range of business issues. To learn more about our outsourced general counsel services, call 630-228-9413 today.
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Please note: These blogs have been created over a period of time and laws and information can change. For the most current information on a topic you are interested in please seek proper legal counsel.