Outsourced General Counsel FAQ
Illinois Business Law Attorneys Answering Frequently Asked Questions About General Counsel Services
At The Gierach Law Office, LLC, our business law attorneys can provide your company all the perks of an in-house legal counsel, but at a fraction of the cost. Through our outsourced general counsel program, we can address your ongoing legal needs and help you create a successful business strategy that will help you achieve your goals.
Why Do I Need an Outsourced General Counsel? What Should a General Counsel Do?
If you do not want to devote the resources toward hiring a general counsel, the Gierach Law Firm, LLC can act as your general counsel from outside of your business. A good general counsel can help to support your vision for your company going forward and find ways for you to stay focused on that vision and the growth that you desire. The outsourced general counsel can create template documents so you do not have to reinvent the wheel whenever you create a new employment agreement, and they can help you deal with issues related to regulatory compliance. They can also help you effectively manage a variety of legal concerns, such as mergers and acquisitions or securities deals, ensuring that you are getting the best value. At the Gierach Law Firm, LLC, we can provide you with a tailored general counsel program at a fixed cost, allowing you to predict the amount of your legal fees as time goes on.
Is the Outsourced General Counsel Part of the Business Management Team?
If you use an outsourced general counsel correctly, they should be part of your management team. They should know about your ideas for new products and services and your plans for sales and marketing. This will allow them to address issues before your business encounters any problems with the FTC or another government agency. At the Gierach Law Firm, LLC, we can act as a key member of your team without the expenses necessary to keep an attorney on staff.
How Does a General Counsel Help Ensure the Company Is in Compliance With Regulations?
At the Gierach Law Firm, LLC, we can perform audits to make sure every area of your business has been properly documented. We will ensure that all of the proper forms are filed with regulatory agencies, and we will provide you with reports to let you know if there are any deficiencies that need to be addressed.
Can an Outsourced General Counsel Help Manage the Company’s Human Resources Function?
In many cases, small or family-owned businesses do not have a large human resources department. The outsourced general counsel program at the Gierach Law Firm, LLC can help you manage HR functions until your company becomes large enough to have a person on staff who can handle these concerns. We are knowledgeable and experienced in the HR field, and we can help you create employment agreements and provide advice about how to address employee-related issues and regulatory concerns.
Do We Have a Template Library? Or Do We Need an Outsourced General Counsel to Help?
In every business, it is important to have legal template documents. You may have to modify these documents to address a particular issue, but you should not need to reinvent the wheel whenever you create a new document. An outsourced general counsel can help you devise and put together a legal template library that will be accessible to you and your staff. This will help you keep everything consistent and provide you with a complete knowledge of the documents that are available to you.
Is an Outsourced General Counsel Cost-Effective?
It can be very costly to hire a general counsel in-house, and in addition to paying a salary, a business may have other related expenses, such as an office, a support staff, and benefits. With an outsourced general counsel provided by the Gierach Law Firm, LLC, you will be buying a segment of time to address what you really need. Our team has different areas of focus, and our attorneys can fulfill your needs at a price that is decided up-front. We will work with you to determine what you will need, and we will provide services at a monthly price, so you have no surprises. This can be a very cost-effective strategy for a business, and it will allow you to keep the attorney function front and center as part of your management team to help you grow and avoid problems.
Contact Our DuPage County General Counsel Lawyers
To learn more about how the Gierach Law Firm, LLC can provide the legal help you need through our outsourced general counsel program, contact us at our Naperville office by calling 630-756-1160 or at our Hoffman Estates office by calling 847-519-0505.