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WHY DO YOU NEED US

WHY DO YOU NEED US
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We help clients that need assistance from senior lawyers, but are not yet at the stage they have, or can afford to hire one permanently, or they may not need a fully functional in-house legal team; they need a general counsel for certain projects or matters; and/or they need strategic advice, for example:

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  • Start-ups, scale-ups or small corporates (including fintechs) are often not at the point they need or can afford the overhead costs of hiring a fully functional in-house legal team with senior lawyers to negotiate commercial contracts or assist with ensuring IT solutions meet the requirements of the industry.

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  • HNW clients and family offices may invest in Products, or require the negotiation of commercial contracts, but have no in-house lawyers or senior lawyers with the right expertise, to review transaction documents, commercial agreements and manage external law firms.

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  • Larger corporates and Buy-Side institutions such as asset managers as well as private equity firms, venture capital firms or commodity brokerage firms may need senior in-house lawyers or a general counsel. 

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  • Banks may need scalable resourcing of their in-house legal teams to meet the fluctuating demands of the front office and a Consult Counsel, senior in-house lawyer can hit the ground running, can operate without supervision and add value across a range of transactions from the start. 

 

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These clients may only need assistance on an ad hoc basis for a given project or transaction; may not want a permanent hire as an overhead cost; may only need this resource until they grow enough to warrant a fully functioning in-house legal team; or may only need the resources for a busy period. Consult Counsel can meet these needs.

 

We can help such clients by offering vetted senior in-house lawyers to manage their legal risk, review transactions, negotiate commercial contracts, manage external law firms and address any legal issues in a cost effective, flexible way so that we can be called upon as and when needed and not be an overhead expense. We help to free up client's staff so they can be deployed on generating business and not doing what an in-house lawyer should be doing for them. 

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We also provide Advisory Services to help on strategic issues, for example, setting up new products or new business lines or helping to create an in-house legal team; opening a new office or subsidiary; reviewing legal governance processes; templating documentation; and assisting with regulatory implementation. See Strategic Expertise.

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See who our typical clients are and what we do, by going to Our Clients & Services.

 

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HOW ARE WE DIFFERENT?

HOW ARE WE DIFFERENT

Whilst the Big 4 accountancy firms and other providers of legal managed services have successfully provided a cost effective solution to in-house legal teams as well as law firms, by the commoditising and automating standardised document production and review processes by using artificial intelligence, the more bespoke, legally intensive in-house legal work remains largely unchanged with secondees from law firms or interim consultants with portfolio careers being called on to cover in-house legal work as an alternative to permanent hires.

 

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Consult Counsel offers clients with a more flexible, cost effective alternative with vetted senior consultants. 

We set out below, 6 ways in which we are different to law firm secondees or interim consultants with portfolio careers:

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NO CONFLICT
 

LAW FIRMS MAY BE CONFLICTED AT THE EXACT TIME YOU NEED THEM MOST I.E. WHEN A TRANSACTION BECOMES CONTENTIOUS 

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We do not have any such conflict and can represent clients that are investors, throughout the transaction life cycle.

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PLATINUM SERVICE

LAW FIRMS MAY NOT OFFER PLATINUM SERVICE UNLESS CLIENTS PROVIDE SUFFICIENT CHARGEABLE WORK TO THEM.

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We give all our clients platinum service as we work with only a select number of clients at a given time and we do not need volume for our business model.

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COMPETITIVE & FLEXIBLE FEES

LAW FIRMS OFTEN HAVE REGIMENTED HOURLY RATES AND TARGET BILLABLE HOURS FOR LAWYERS, TO MEET THEIR OVERHEAD COSTS. THIS MAY MAKE THEM EXPENSIVE AND INFLEXIBLE.

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We are not constrained by such requirements and can agree flexible fees to meet client needs and as our overhead costs are less, we price competitively.

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IN-HOUSE EXPERIENCE

LAWYERS IN LAW FIRMS MAY HAVE LIMITED EXPERIENCE OF WORKING IN-HOUSE, OTHER THAN AS A SECONDEE.

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We have consultants that have worked in-house as employees and have true experience of the in-house function.

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SENIOR LAWYER ACCESS
 

A PARTNER AT A LAW FIRM MAY PITCH TO A CLIENT FOR THE WORK, BUT THE WORK ITSELF MAY BE DONE BY A MORE JUNIOR LAWYER THAT BECOMES YOUR CONTACT.  

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We operate so that our senior consultants do the work and are readily available to you.  

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CONTINUITY & 
CONFIDENTIALITY

SOME  CONSULTANTS OPERATE AS INTERIM LAWYERS WITH PORTFOLIO CAREERS FOR LIFESTYLE REASONS AND MAY NOT WORK FOR PART OF THE YEAR AND MAY WORK FOR YOUR COMPETITOR ON OTHER PROJECTS.

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Our consultants are career consultants that are readily available and provide continuity . We work for a select number of clients and do not work for  your competitors.

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