How can organizations obtain the business-savvy legal counsel they need without breaking the bank? We offer a fresh, efficient and cost-effective approach to outside general counsel.
1 of 11
Download to read offline
More Related Content
Outsourced General Counsel: A Better Way To Do Business
3. 1. VP AS GENERAL COUNSEL
Vice president doubles as general counsel
Benefits
In-depth understanding of the business
Knows the industry
Business savvy
Drawbacks
Cost
Large burden for one person
Difficult to balance dual roles
Still need outside counsel for many issues
Instead, They Rely On Two Models:
VP AS
GENERAL
COUNSEL
4. 2. PROJECT-DRIVEN
Hire outside counsel to handle discrete legal problems
Benefits
Less costly than in-house counsel
Drawbacks
Counsel doesnt know the business well
Might not know the industry
Limited role/scope of representation
Deals with problems after they arise
Reactive rather than proactive
Greater indirect costs long-term
PROJECT-
DRIVEN
5. The Cowden Model of outsourced general counsel
Combines benefits of both models, without the downsides
MORE VALUE | LESS COST
A Third Way
VP AS
GENERAL
COUNSEL
PROJECT-
DRIVEN
The
Cowden
Model
6. Business savvy: We gain an in-depth
understanding of your business and industry.
Proactive rather than reactive: We help you
develop strategies to avoid legal disputes
before they arise.
Long-term trust and collaboration: We serve
as valuable legal allies throughout the life
of your business.
Network of connections: We handle hiring
and managing additional professionals as
needed for specialized or complex matters.
Cost-effective: A fixed retainer means
reduced costs and increased value.
Why It Works
7. Corporate governance
Financing and securities
Mergers/acquisitions
Regulatory compliance
Employment law
Contracts
And more
Guidance On A Broad
Range Of Legal Areas:
8. The 3 Pillars Of The Cowden Model:
COVERAGE
We provide
guidance to help
you mitigate risk
and make sound
business
decisions.
COMPLIANCE
We navigate
the regulatory
framework for
your industry.
SATISFACTION
Our bottom line
is your bottom
line.
9. The End Result?
Not Just Legal Solutions,
But Business Solutions
All At A Reasonable Cost.
10. 40-plus years of business and legal experience
Committed to innovative legal and business solutions
In-depth knowledge of Ohio business climate across
numerous industries
Who We Are: Entrepreneurs
Advising Entrepreneurs
11. 息 2020 by Cowden Law Co. LPA. All Rights Reserved. Design and editorial services by FindLaw, part of Thomson Reuters.
Share The White Paper
Read our free white paper,
Using An Outsourced
General Counsel Approach
In Todays Business.
You can also visit our
website or contact our
lawyers online.
C ED
Learn More