Outsourced General Counsel for Small Business Owners

If you are a business owner or business leader, an investment worth making is a relationship with a skilled outsourced general counsel (OGC). Many businesses neglect this critical step and only contact a lawyer once they are already facing legal issues. Unfortunately, the damage to the company’s reputation and bottom line is often already done by the time a business contacts an attorney.

Building a relationship with an OGC before a legal issue arises can help you prevent legal problems such as contract disputes,  intellectual property infringement, and other costly liabilities. An OGC’s role is to act as a trusted advisor, providing comprehensive legal advice on matters such as business formation, financing and investments, tax planning, employment law, lease agreements, and succession planning. These services are provided on an as-needed basis, which helps small businesses save money on costly legal fees. An experienced OGC works with you like a member of your team based on a pre-arranged monthly fee. This means that there are no surprises on the bill.

Preventing Legal Problems that Harm Your Business

An OGC can also help small businesses with day-to-day operations. By taking a proactive, rather than reactive approach to legal matters, an OGC can help prevent legal problems before they happen. An OGC can review business contracts, address human resources concerns, help you with compliance and regulatory issues, and much more. He or she can also act as a strategic advisor to help your company reach its goals.

Allowing You to Focus on the Big Picture

Most business owners are juggling countless responsibilities and can often get bogged down in the minutiae. An OGC relieves part of the burden and allows you and your team to focus on the big picture—running your business efficiently and profitably. Having a trusted advisor helps you make informed decisions, avoid costly mistakes, negotiate deals effectively, protect yourself from potential risks, and ultimately, increase profits.

Call Us to Learn About Out Outsourced General Counsel Services

Small business owners and leaders often face legal challenges that need immediate attention. Having an experienced attorney close at hand can be a tremendous asset in navigating these issues. The services of an outsourced general counsel provide the same level of expertise and experience as a traditional in-house attorney, but with a much lower overhead cost. OGC is an investment you make in your business that will save you time and money.

If you would like to learn more about our outsourced general counsel program, YourOGC, contact our Naperville business law attorneys at 630-228-9413.

Source:

https://www.forbes.com/sites/theyec/2018/10/15/what-to-look-for-when-hiring-an-outside-general-counsel-for-your-company/