The Benefits of “In-House” Counsel ... Without the Costs?
Company executives, whether they recognize it or not, need legal advice and services. After all, they’re in business. They answer to a board of directors and shareholders. They generate revenue and incur liabilities. They hire and fire employees, negotiate and sign contracts, invent new products, license technologies and deal with a myriad of business issues every day, many of which have legal implications.
More often than not, they don’t see the legal issues or risks. They’re too busy doing all the things they need to do to keep the business going, to meet deadlines and develop business. But even when they do, who wants to get a bill every time they have a question for their lawyer?
If any of this resonates with you, the K&N “Virtual” In-House Counsel model might just be right for you. With over 12 years of “in-house” counsel experience at Digital Equipment Corporation and Compaq Canada, and another 5 years as General Counsel to a small management consulting firm, Robert Nadeau has been redefined his legal services model from that of a practitioner to a value-added provider of client-centered legal services. In effect, we become a "virtual" part of your organization. We learn your business, your product, your services, your vision, strategy and priorities. We assist you in thinking through critical decisions, and assist in mitigating your risk. And we do it in a cost effective way.
Under our model, you get the benefits of access to "in-house" counsel services at a fraction of the cost of having full-time in-house counsel on staff. We take the burden of contract negotiations, regulatory compliance and dealing with your outside lawyers off your shoulders. While we possess the skills and experience of your outside legal team, it is not our purpose to replace your existing counsel. If you have counsel and your relationship with counsel is a good one, we bring added value to that relationship up by translating your requirements to outside counsel and translating outside counsel’s advice to you, reviewing outside counsel's work, and ensuring that the work in requisition is no more, or no less, than you require.
If there was ever a business model that makes sense in the legal world, this might just be it.