In-house counsel swims in the same tank as their clients and know what the water is like. |
While it is true that some legal work is routine and can be
cranked out quickly and reliably by an efficient and knowledgeable attorney,
there are those legal issues that require more cognitive time. These
issues are not black or white, but the grayest gray. These are legal issues that are inextricably
linked to important business issues and, thus, require more than a superficial
understanding of the client’s business and strategic objectives. An
attorney with a deep understanding of a client’s business is able to give more
informed legal counsel, which leads to better business decisions. However, in order for an attorney to gain
this knowledge he must spend costly billable time interacting with the client,
which results in larger legal bills.
Large corporations were the first to realize that legal
expenses could be reduced and results improved (especially for those problems
that require a thorough understanding of the corporation’s business) by hiring
attorneys as full-time employees. Often
referred to as in-house or corporate counsel, these attorneys give large
corporations a distinct competitive advantage. In-house attorneys are able to develop
knowledge about the business and goals of their employer that inevitably leads
to better decisions.
Until recently, only large corporations were able to afford
to hire dedicated in-house counsel.
However, the Lean Legal Team at Michael/Hutter offers an in-house solution
for smaller companies that gives them this same competitive advantage at a
reasonable cost. Michael/Hutter is able
to do this by utilizing the latest technology and lean methodologies to deliver
its services. The Lean Legal Team offers
in-house counsel services for a fixed monthly amount tailored to the needs of
the client. Visit our website (Michael/Hutter)
to find out how The Lean Legal Team at Michael/Hutter can help improve your
business.
No comments:
Post a Comment