An outsourced inhouse lawyer is a legal professional contracted by a business to provide custom legal services and run its legal function. However, they are not an employee of the business. They simply function as an extension of the legal team.
Businesses hire an outsourced inhouse lawyer to get customer legal services that are affordable and provide fast legal solutions so that they can focus more on their core business.
Farrah Motley wrote this article. Farrah is an experience legal counsel who provides outsourced inhouse counsel legal service. In this article, she explains five benefits of hiring an outsourced inhouse lawyer.
What does it mean to outsource an inhouse lawyer?
Outsourcing an in-house lawyer means hiring a legal professional from outside your company to handle your legal matters. Instead of having a full-time lawyer on your payroll, you contract with an outside party to provide legal support whenever you need it. It’s like having a legal expert on call, without the cost and responsibility of a permanent employee.
Need a legal review of contracts? Want assistance with compliance matters? Facing a complex legal issue? Instead of hiring a new inhouse lawyer or burdening your existing legal team, you can outsource the task to an external legal service provider. They’ll step in, understand your needs, and offer their specialised knowledge to help you manage the situation.
It’s a win-win situation where you get the legal support you need while keeping your business agile and cost-effective.
What are the Benefits of Hiring an Outsourced Inhouse Lawyer?
Here are five benefits of hiring an outsourced inhouse lawyer for your business.
An outsourced Inhouse lawyer offers affordable legal services
The cost structure of outsourced legal services works differently than having in-house lawyers on your payroll. Instead of paying a full-time salary and benefits, you only pay for the specific legal services you actually use or agree on a fixed fee. It’s like paying for what you need. This can save you money by avoiding the overhead costs of maintaining or extending an in-house legal team.
When you outsource legal services, you can engage outsourced lawyers as and when you need them. This means you can scale up or down based on the volume and complexity of your legal matters. Instead of hiring additional in-house lawyers during temporary spikes in legal demands (which may be costly), outsourcing allows you to adapt to your needs more effectively.
And if you’re looking for a great option, you can explore subscription-based In-house Legal Counsel Services for your business.
Legal counsel can handle your legal department so you can focus on core business
An outsourced legal counsel can handle all your legal matters on your behalf. They provide comprehensive legal support and services covering various areas, such as contract drafting and reviewing contracts, compliance monitoring, legal research, and more. Essentially, they take over the day-to-day operations of your legal department, and ensure that all legal aspects of your business are properly handled and managed.
Moreover, you can now get rid of the burden of legal responsibilities that would otherwise consume your time and resources. Instead of getting entangled in complex legal matters, you can focus on your core business activities. This allows you to use your time and resources more efficiently to grow your business and achieve your strategic goals.
An outsourced Inhouse lawyer offers custom legal services that are tailored to your business
An outsourced in-house counsel is a legal partner who goes beyond the typical one-size-fits-all approach. They take the time to understand your business’s unique needs, challenges, and goals, and then provide custom legal services.
They get to know your industry, your business and your legal needs inside out. With this knowledge, they develop a personalised legal strategy and provide targeted advice that aligns perfectly with your business goals. These customised legal services cover many areas, such as contract drafting and negotiation, compliance, intellectual property protection, employment matters, legal issues and more.
And they make sure to consider your industry’s specific nuances and complexities, of your industry and ensure that the legal solutions they provide are a perfect fit for your business’s unique circumstances.
An outsourced in-house counsel can also help you create and implement policies, procedures and legal frameworks designed specifically for your business. They guide you through legal challenges, proactively address potential risks and protect your interests. Ultimately, they minimise the likelihood of legal disputes and keep your business on the right side of the law.
Inhouse counsel can provide fast legal solutions because you are the main client they work with
Outsourced in-house lawyers prioritise you as their main client. They give your legal matters their undivided attention. This means you receive prompt and dedicated support, ensuring efficient legal services whenever you need them.
Moreover, these outsourced legal experts invest time and effort in understanding your business, industry, and the specific legal challenges you face. All this familiarity effort allows them to anticipate and proactively address potential issues.
Communication is the key to timely legal solutions, and outsourced general counsel knows this. They ensure streamlined communication channels and provide you with direct access to the legal team. This means efficient collaboration and quick exchange of information without unnecessary delays. If you need support or have a question, you can reach out to them directly and receive immediate assistance with your legal matters.
Regardless of your internal processes, decision-making mechanisms, and stakeholders, the outsourced legal counsel becomes intimately familiar with them. This enables seamless integration and faster decision-making. And when legal issues arise, they understand the urgency and work diligently to resolve them promptly. They know that time is of the essence, and they use their resources efficiently to deliver timely legal solutions.
Inhouse counsel can train your business to be aware of legal issues and how to deal with them
An outsourced general counsel can offer customised legal training to educate employees on important legal topics. They go beyond mere legal advice and take the initiative to conduct workshops, seminars, and training events.
Outsourced general counsels don’t just stick to theory. They present real-life examples where businesses like yours have faced legal challenges. They use case studies and practical scenarios to increase the legal awareness of your employees.
This training can improve employees’ understanding of compliance, contract management, intellectual property protection, employment law, and much more. The training can equip your staff with the knowledge they need to identify and manage legal risks in their day-to-day activities.
Virtual in-house counsel works closely with your business to create clear guidelines that are consistent with legal requirements and best practices. This way, your employees can understand your business’s legal obligations and how to comply with them. This can significantly reduce the potential for legal disputes and complications down the line.
Outsourced in-house counsel also provides ongoing support and updates as laws and regulations change.
They keep your business up to date with the latest legal trends and developments that may impact your industry. This ensures that your staff can keep up with the ever-evolving legal requirements and adapt their practices accordingly.
How Prosper Law Can Help?
Prosper Law is Australia’s online law firm. We provide legal advice to businesses and individuals across Australia. Our areas of legal practice include contracts, eCommerce, publishing, entertainment, legal counsel and employment law.
If you need to talk to an outsourced inhouse lawyer, get in touch today.
Contact the team at Prosper Law today to discuss how we can provide you with advice for a fixed fee or at affordable hourly rates.
Farrah Motley | Director
M: 1300 003 077
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