Corporate Legal Counsel
General Counsel plays a vital role in ensuring a company functions within the scope of the law. Apart from guiding management in general matters of legal compliance, other legal issues arise from time to time that require an attorney. Many early-stage and mid-sized companies recognize that they could use a dedicated attorney on their staff, but few have the workload to justify the cost of bringing an experienced GC on full-time. That’s where World Group can help.
As a member of World Group’s portfolio of companies, you have access to a veteran GC dedicated to looking out for you and your business. Here are just a few of the benefits that come from having access to World Group’s in-house legal services.
Legal Continuity
Without centralized legal services, legal issues at small companies are typically outsourced to different law firms by different members of a company’s management team. This division of responsibility leads to a lack of continuity. With centralized legal services, all routine legal work, and even some of the more specialized legal issues, is funneled through the GC for better coordination and increased efficiencies.
Gained Wisdom
With every new assignment and the passage of time, our in-house attorney’s knowledge and understanding of your industry, in general, and your operations, in particular, are enhanced, steadily developing a better understanding of the intricacies of your business. The experience gained over time enables her to provide legal services in a more effective, efficient, and proactive manner.
Cost-Effectiveness
As mentioned, few small companies have the workload to keep a full-time attorney on staff. However, combined, our portfolio generates more than enough work, meaning you get a corporate attorney with knowledge and experience in your specific industry to handle all your legal matters without having them on your payroll.
Corporate Focus
With an attorney on staff, the bulk of the responsibility of addressing and managing general legal matters – like government compliance, contracts, human resource management, etc. – can now be managed more efficiently by a legal professional, leaving senior executives free to concentrate on their core functions.
Service Tie-Ins
World Group’s accounting, marketing, and human resources services are also available to its portfolio of companies. Working together, these shared services can develop cohesive strategies that the legal department doesn’t have the expertise to create on its own.
Having access to our full-time general counsel reduces your legal costs, provides you with a partner who’s equally concerned about your company’s risks and exposure, and matches you with a legal professional who understands your industry.