alternative fee arrangements

Outside General Counsel and Alternative Fee Arrangements

Practical Legal Counsel for New York companies and startups

Many of our clients are entrepreneurs or growing and mid-sized business that are large enough to require advice on sophisticated legal issues but not yet ready to employ a full time in-house lawyer.  We satisffy the legal needs of our clients by acting as their outside general counsel.  Our familiarity with the legal issues that growing businesses face, and our relationship as trusted advisors, allows us to anticipate the legal risks our clients are likely to face. We then develop strategies to address those risks before they reach a critical stage such as one that may or will involve litigation.  In addition, by acquiring an intimate knowledge of our client’s businesses, we are able to provide legal support consistent with our clients’ needs and budgets.  the Shanker Law Firm works proactively with our clients as an integrated part of their C-Suite and business team to effectively and efficiently manage the legal issues they face.  Examples of the type of outside general counsel services we frequently provide to our clients include:

  • Maintaining Corporate Governance Documentation

  • Corporate restructuring

  • Counseling officers and directors

  • Filing and monitoring trademark applications

  • Drafting employment agreements, NDAs and non-competition agreements

  • Drafting and negotiating commercial contracts

  • Employee termination advice and support

  • Advice regarding regulatory compliance

  • Risk management

  • Insurance

  • Selecting, retaining and serving as liaison with local counsel, on an as needed basis

We offer clients real fixed-fee billing for our outside general counsel services, which gives clients financial predictability and creates a true virtual law department.  We determine the fixed fee based on a client’s individual needs and our experience. This is not a “retainer” relationship in which a client pays in advance for a given number of attorney hours – which only benefits the law firm, not the client.  We provide the same cost-effective rates that are a fraction of those commonly seen elsewhere in the marketplace under the more traditional hourly services model.

Our law firm has a proven track record for success inside and outside of the courtroom. We represent companies to protect their interests and assets and to guide and them when counseling is what they need the most. We deliver assertive representation that can supplement an existing legal department or we can serve as your outsourced in-house counsel. Whether you are a start-up company still building your team or an established corporation, we provide general counsel services designed with your needs in mind. Our mutually beneficial fee structure will help you stay within budget while managing your legal needs.