In their general corporate legal work, InnovaCounsel directs the work of outside attorneys. This is a relationship that can be difficult to establish and maintain, but when it is balanced properly, it can be a fruitful relationship for the company they are representing.
While in-house counsel becomes an integral part of the company, making it easier for them to understand the legal issues of the business, sometimes they need more hands on deck. When deciding if work needs to be allocated to outside attorneys, in-house counsel generally analyzes four factors:
- The legal needs of the entity
Companies with in-house counsel usually have many legal needs that vary in subject. These can range from intellectual property to employment law to litigation. Generally, the larger the company, the more diverse the legal needs.
- The ability and capacity of the in-house legal department
Next, in-house counsel must determine the maximum volume of manageable workload. This depends on the size and experience of the in-house counsel. InnovaCounsel attorneys have significant experience in a wide range of legal fields, but still recognize when it would be advantageous to use additional outside counsel.
- The cost of outsourcing
InnovaCounsel provides part and full-time legal services to their clients for a flat monthly fee. This means they are looking out for their clients’ best interests financially, so outsourcing needs to be cost effective. Evaluating hourly rates of outside counsel is definitely part of their role.
- Finding the right outside counsel
Once a need for outside counsel has been determined, the next step is to match the need with the most appropriate attorney. Experience, areas of expertise and availability are a few of the factors considered when selecting the additional team members.
Looking to outside counsel for certain matters can be helpful for everyone involved. This is just one way InnovaCounsel attorneys help their clients with day-to-day legal issues. Learn more about how InnovaCounsel operates and their services by visiting their website.