OUTSOURCED GENERAL COUNSEL ADVANTAGE
PHOENIX Group outsourced general counsel offering is a flat fee legal counsel that allows a financial institution to maintain an in-house general counsel function that meets the business’ day-to-day needs for legal support at a much-reduced cost.
Outsourced General Counsel Advantage Includes:
Assist in the management of regulatory, transaction based and litigation matters by providing research, advice and other legal assistance. Work with management within the company and act as a liaison with outside legal counsel. Provide counsel on an array of statutory and regulatory compliance issues applying knowledge of law, business and facts to the legal aspects of the business. Review edit and draft contract documents as assigned; including servicing, confidentiality, vendor/supplier, licensing and dispute resolution agreements. Oversee regulatory and licensing functions including applications and regulatory exams. Assist in litigation matters including but not limited to; settlement negotiation and coordination of outside counsel. Provide support as a general resource for various business units as assigned. Track and stay current on legislative and case law changes impacting various business lines. Analyze, review, and modify business policy and procedures as assigned to ensure compliance with all applicable federal and state statutes, regulations, and applicable case law. Assists in legal issues analysis, research and opinion memoranda as required.
Flat Fee Advantage:
True flat fee billing and access to firm’s additional resources at a greatly reduced hourly billing rate. Our Advantage presents a flat monthly flat fee that remains the same regardless of time used, and a willingness to invest additional firm resources if client needs change. If matters become contested or complex, and if desired, the firm will make additional outside litigation services available for a greatly reduced Advantage hourly rate.
Client Benefits:
Regular access to full-service law firm resources at reasonable cost. More cost effective, and superior value for annual budget expenditures than full time in-house counsel. Receive experienced general counsel/senior executive level support at lower price-point than a full time junior in-house lawyer. Adds depth and subject matter expertise to management team at a predictable cost. Aligns interests of company and outside counsel. We eliminate the palaver and tendency to “over-lawyer” matters to generate “billable hours.” Our Advantage approach Improves the effectiveness and value of legal services because we seek to build close relationship and familiarity with our client’s business needs.
For additional information or to schedule a call to discuss your individual in-house counsel needs please call William M. LeRoy at: 480.776.9444 or e-mail: wleroy@esqconcierge.com