Fractional General Counsel

Highly effective in-house lawyers are critical to the success and growth of businesses.

Fractional general counsel is a relatively new and highly flexible approach to bringing in-house legal services to businesses that may not need or be able to reasonably afford dedicated in-house counsel. Necessary legal expertise is thereby brought into a business in a fashion that suits its specific circumstances.

Fractional general counsel services allow companies to access specialized legal expertise without the expense or long-term commitment associated with employing a full-time in-house attorney. This arrangement functions similarly to having a part-time or project-based lawyer available, eliminating the responsibilities tied to hiring a permanent staff member.

A fractional general counsel is a legal option typically aimed at startups and small and medium-sized businesses that require legal support but lack the financial resources for a full-time in-house counsel.

The main difference between a fractional general counsel and an in-house counsel is in what capacity the lawyer does work for the business. An in-house counsel is an employee of the business, while a fractional general counsel is treated as an independent contractor. This means that fractional general counsel can work on a much more “on-demand” basis, which may be more suitable for some businesses, especially those in their earlier stages.

A fractional general counsel focuses on both the commercial and legal challenges a business may face. It provides a very similar service to that offered by an in-house general counsel.

With fractional general counsel, your business takes a proactive approach to risk management rather than a reactive one. A reactive approach to dealing with legal matters and compliance increases the risk of future liabilities. On the other hand, a proactive approach generally reduces the time and cost of addressing the legal issues a business may face, allowing it to sidestep issues that could otherwise compromise its chances of success in the future.

Fractional general counsel support can be particularly valuable to businesses seeking to grow or those looking to sell. Prospective buyers, investors, or lenders will likely want to assess a business's risk management and compliance practices during their due diligence. Fractional general counsel can effectively assist businesses in identifying and addressing any gaps that may raise concerns for potential buyers, investors, or lenders.

A fractional general counsel can become deeply connected to your business, providing timely advice tailored to your specific needs. Additionally, legal expenses remain manageable and predictable due to the absence of long-term commitments.

At Kramer International Law, we provide you with your own fractional general counsel for a flat monthly fee. Our plans offer ongoing legal services to meet the day-to-day needs of startups and established businesses, enabling them to scale with the peace of mind that their legal needs are being taken care of. You will receive a specific number of hours of dedicated service each month. If you need additional services beyond the set number of hours per month, you pay an agreed-upon hourly rate or set fee for specific services.

With a set fee arrangement for fractional general counsel, your business can more accurately budget for professional services.

At the end of the day, having fractional general counsel enables a company to focus more on growing its business rather than worrying about compliance and legal matters.

Our fractional general counsel accepts only a limited number of clients at any given time, ensuring that you remain a top priority.