The Role of Outside General Counsel in Business Risk Management
For many small to mid-sized businesses, hiring a full-time, in-house General Counsel is not yet financially practical. However, the legal risks associated with growth—such as contract negotiations, employment issues, and regulatory compliance—remain significant.
What is Outside General Counsel?
The Outside General Counsel (OGC) model provides businesses with consistent, senior-level legal guidance on an as-needed or subscription basis. This allows owners to have a dedicated attorney who understands their business operations without the fixed cost of a full-time executive.
Common OGC Responsibilities
- Contract Management: Reviewing and drafting vendor, client, and employment agreements.
- Corporate Governance: Maintaining corporate records and ensuring compliance with bylaws or operating agreements.
- Employment Guidance: Advising on workplace policies and HR compliance.
- Strategic Planning: Identifying legal hurdles in expansion or exit strategies.
By integrating an attorney into the strategic team, business owners can identify and address potential legal issues before they escalate into costly disputes. For predictable ongoing legal support, explore our outside general counsel services.
