The Do’s and Don’ts of legally and ethically retaining an outside law firm to provide General Counsel-styled legal services?

 

John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

Kiritsis Law Group   

212 922 0005

 

General counsel services refer to the legal representation and advice provided to a company by an in-house or external attorney. The role of the general counsel is to provide legal guidance and support to the company on a wide range of matters, including contracts, compliance, litigation, and risk management. In this article, we will explore the role of a general counsel and the benefits of using a general counsel service.

 

Role of a general counsel

The role of a general counsel is to provide legal guidance and representation to the company on a variety of matters. This may include reviewing and negotiating contracts, providing advice on compliance issues, representing the company in litigation, and managing risk. The general counsel is responsible for ensuring that the company is in compliance with all relevant laws and regulations and for protecting the company's legal interests.

 

Benefits of using a general counsel service

There are several benefits to using a general counsel service, including:

 

• Expertise: A general counsel service can provide expert legal advice and representation on a wide range of matters.

• Cost-effectiveness: Using a general counsel service can be more cost-effective than hiring in-house counsel or engaging outside counsel on a case-by-case basis.

• Flexibility: A general counsel service can provide flexible legal support to meet the specific needs of the company.

• Efficiency: A general counsel service can streamline the legal process and provide timely and efficient legal representation.

 

Choosing a general counsel service

When choosing a general counsel service, it is important to consider the following factors:

 

• Experience: The general counsel should have experience in the specific areas of law that are relevant to the company's needs.

• Reputation: It is important to choose a general counsel service with a good reputation and a history of providing reliable and professional legal representation.

• Cost: The cost of the general counsel service should be reasonable and competitive.

• Services offered: The general counsel service should offer a range of legal services, including contract review and negotiation, compliance advice, litigation support, and risk management.

 

In conclusion, a general counsel service provides legal representation and advice to a company on a wide range of matters. A general counsel can offer several benefits, including expertise, cost-effectiveness, flexibility, and efficiency. When choosing a general counsel service, it is important to consider the experience, reputation, cost, and services offered. A general counsel service can provide valuable support and assistance to a company in managing its legal obligations and requirements.

 

 

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The views expressed by this author are not legally binding or reflective of the author, the author’s firm, the author’s employers, the author’s employees, or any individual and/or organization.