The Value of a Fractional General Counsel

As a business owner or executive, you already know how important it is to have the proper support of a legal advisor. However, hiring a full-time general counsel may not be part of your business plan for any of a number of reasons. That's when a fractional general counsel can come in handy.

A fractional general counsel can bring many benefits to your business. They can:

• Tailor practical legal advice to achieve your goals.
• Identify and problem-solve challenges before they become legal issues.
• Address challenges and opportunities to drive your business forward.
• Craft processes to align with new operating strategies.
• Ensure your legal bases are covered as the business moves to the next level.
• Keep your business compliant with local, state, and federal regulations.
• Give you practical advice based on their experience working within a company.

A fractional GC understands the needs of the founder, CEO, and other stakeholders. A fractional GC knows how to add value by working seamlessly with your finance, marketing, HR, IT, and operations functions. A fractional GC can be part of a leadership team that focuses more broadly on what the business can achieve.

And the best part? They can do all of this without adding additional headcount.

So, when is the right time to bring in a fractional GC? If you're facing your next stage on the growth curve, don’t want to, or don’t have the capacity to, hire a full-time GC, or are implementing a new business strategy, including entering new geographic markets, then it's time to consider a fractional GC.

In short, a fractional general counsel can identify and address critical issues and provide solutions based on their legal experience and business savvy. They can do all of this while saving you money and without adding to your headcount. So, if you're looking to take your business to the next level, consider bringing in a fractional GC.