How do you know whether your business is ready for an Outsourced GC?
Your legal needs have evolved from one-time projects to recurring needs. You may find that you require more contract negotiation, employee management, and possibly M&A. You have more moving parts in your contract management process and a greater number of big “mission-critical” contracts arising. Risk management comes up in board meetings, as does the creation of policies and workflows that help the engine of the company run smoothly.
As the CEO, this is the phase where you exit the weeds to become the true visionary of the company, guiding strategic growth. In this phase, you need a legal business advisor, but you probably still don’t need a full time general counsel. This is where an outsourced GC can be the perfect fit.”