When executives convene to strategize business plans and dream up big innovations, emotions run high and adrenaline surges. Yet, brilliant ideas can bring disaster if not tempered by the voice of a General Counsel. Cost-cutting measures can run afoul of federal regulations; business licenses can be overlooked; anti-trust laws can be violated.
Including a trusted legal partner brings a different perspective to the conversation. A General Counsel speaks with a voice that is passionate about the mission, yet tempered with reason and risk mitigation strategies. A sage to navigate the complicated intersection between ethics, profit and law.
There are many reasons companies hire a lawyer. Many involve bailing companies out of bad decisions. I offer five reasons that a General Counsel is an up-front strategic investment that companies cannot afford to overlook.
Trusted partner
A General Counsel is more than just a lawyer. She’s also an advisor and partner. A sounding board. A bridge between departments. A voice of reason and perspective. Working in the trenches with management and becoming part of the team, the General Counsel facilitates transactions more easily and at less expense than a typical outside counsel arrangement. Whether it’s diffusing sticky customer situations, speaking calm words of wisdom, or answering day-to-day routine questions, the General Counsel enables management to proceed more quickly and confidently with their business. Continue reading “Five Reasons to Hire a General Counsel”