BoostDraft’s Post

Observation: Right now there’s a ton of demand for flexible legal talent that can help review commercial agreements. It’s mostly anecdotal but I’ve been getting a ton of inquiries from General Counsels at growth stage companies. Maybe it’s because I live in the tech-heavy SF Bay Area, or maybe because I used to work in the contracts tech (CLM) space. But the takeaway to me seems to be clear: There’s a huge need for flex talent, ie. interim in house counsel, to help review contracts. I’ve spent some time wondering about why that is. Unlike sales teams, legal teams at growth stage companies are not typically staffed with excess capacity--they are all super lean. So when the company experiences an unexpected spike in sales (a common feature of growth stage companies) a flood of new contracts comes through the door. Legal teams don’t have the resources to review them quickly. So they end up getting blamed for delays. There are traditional solutions to this problem, but they’re all imperfect. For example, some General Counsels ask their teams to work more. But that can compound the problem through burnout, mistakes, and ultimately—turnover. Another solution is to outsource the excess contract review work to a law firm. But the outside lawyer might be unaware of the nuances of your business, and can end up being a lot more expensive than expected. However, with flex talent, General Counsels get the best of all worlds for reviewing commercial contracts. Someone who works closely with your existing team but doesn’t have the same cost structure as a FTE or the unpredictable expense of a law firm. Other macro forces are accelerating this trend. For example, the pandemic and the rise of Zoom/Teams has led to the creation of a completely new, high quality flex talent pool that’s distributed across the country. At the end of the day, the General Counsel is responsible for prioritizing the legal function’s most important initiatives. To do that successfully, they have to assign the right resources to the right problems. As legal execs realize how flex talent can be used to meet unexpected demand, I think we will see even more interim in house job postings--not just for contracts but for other practice areas as well. Ultimately, this will free up legal teams to focus on the most strategic type of work that can *really* move the needle for their company. Which is an entirely different topic worthy of a longer discussion.

It has been an absolute pleasure to provide flexible legal services for the review of commercial agreements for corporate legal teams for exactly the reasons so eloquently highlighted by Alex Su. Having worked both in-house and as an external attorney, I understand Business needs. Nuanced approaches to negotiation are exactly what legal teams need assistance with when faced with high volume agreements. LCM recognises the Business needs and commercial goals at affordable rates. Please contact info@lcmattorneys.co.za to discuss how we can assist your legal team with our flexible legal services. #flexiblelegaltalent #legaloutsourcing #independentconsultant #womenintech #techlaw

Food for Thought: Can Flexible Legal Experts Provide Top Guidance Without Full-Time Ties? In today’s world, businesses need flexibility—and so does the legal field. More companies are turning to flexible legal experts for tasks like contract reviews and insurance coverage. Why? Because many lawyers now prefer roles that offer the freedom to work from home, engaging work, and good pay—often as much or more than traditional full-time positions. With flexible arrangements, attorneys can adopt a consultative approach, providing specialized advice, strategic insights, and expert guidance tailored to your needs without being tied to a full-time role. It’s a win-win: attorneys gain the flexibility they desire, while companies benefit from high-level, tailored legal support. When considering these roles, it’s essential to factor in the complexity of the work and the duration of the engagement to determine appropriate hourly rates or project-based fees. #LegalStaffing #FlexTalent #RemoteWork #LegalSolutions

Is engaging a temporary attorney the right move for your law department? Our team compiled a list of five frequently asked questions from in-house legal leaders. We hope these answers guide your decision and/or inform you of the oft-cited benefits of working with a legal staffing agency like Assigned Counsel. 1. Why engage a temporary attorney? ✔ Our clients use temporary attorneys to address growing workloads, special projects, gaps in expertise, and staff leaves or vacancies. Engaging a temporary attorney is a more cost-effective solution than making a permanent hire or working with outside counsel. It is also a way of “auditioning” talent for a permanent position (temp to perm). 2. What practice areas can you help me with?  ✔ Transactional, compliance, general corporate, privacy, employment, real estate, M&A, IP, and litigation support are just a few of our most commonly requested areas. Our temporary attorneys work drafting and reviewing documents, negotiating contracts, conducting investigations, performing legal research, and writing and providing policy/procedure oversight. 3. How much does it cost?  ✔ Generally speaking, our temporary attorney bill rates are 30% of law firm charges for the same skill set. Why? Simply because our business model eliminates the heavy overhead costs that burden firms. Even law firms turn to temporary legal staffing when they need extra help! 4. Do you charge any extra fees? ✔ Our clients only pay the agreed-upon rate for actual hours worked, with no other fees or “overhead” charges. This bill rate is provided to you initially with a candidate’s resume and is agreed upon before the candidate begins any work. You will never have surprise billing! 5. Are there minimums on hours or duration?  ✔ We require no minimum hours or length of duration. We only ask for your best estimate on hours and duration so that we can determine candidates’ availability for and commitment to your project. Once the need ends, the assignment ends. 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 🔳 You can find a more extensive list of FAQs on our website, linked in the comments. We're always happy to connect with you directly to answer specific questions or talk through the process of engaging an attorney. #legalstaffing #inhousecounsel #generalcounsel #legaldepartment

Fractional hiring is the future of law firms. But, is it here to stay? In the legal world, we’re used to traditional staffing models. But times are changing. Technology and new working patterns demand flexibility. How does fractional hiring fit into this? → Cost savings: Save up to 60% compared to full-time hires. → Flexibility: Scale your team up or down based on demand. → Access to expertise: Get specialized skills when you need them. At Amata, we’ve embraced this model wholeheartedly. Our mission has always been to ease the business pain points for lawyers. With fractional support services, we’re taking this to the next level. By offering on-demand legal support and administrative services, we enable law firms to focus on what they do best: serving clients. Our services include everything from new client intake to preparing complex legal documents, all tailored to meet the fluctuating needs of modern law firms. Imagine having a team that grows and shrinks with your caseload. A team that allows your in-house attorneys to focus on high-value tasks. A team that provides expert support without the overhead of full-time employees. This isn’t the future; it’s the present. And it’s here to stay. Are you ready to embrace fractional hiring? Check out our recent blog post in the comments below to learn more!

Thanks to your peers—and perhaps you?—these five Elevate Experts posts – on law departments boosting the bottom line, ways to optimise the ‘contracts continuum’, hiring best practices, and legal intake system ‘must-haves’ – were the most-read items in the past six months. Your engagement has made these topics stand out. Keep sharing your insights and stay tuned for more valuable content from Elevate Experts in 2024! https://ow.ly/X2FY50Qkw8t #Top5 #Bestof2023 #legalops #legaloperations #CLM #legalconsulting #ELM #legaltech #legaltechnology #legalinnovation #legaltalent #flexiblelegalresources #legalhiring #flexiblelawyers

Charlotte is booming. So is your business, and navigating the legal complexities of growth can be daunting. Hiring a full-time general counsel might not be feasible, yet robust legal guidance remains crucial. This is where outside general counsel shines. Here are a few key reasons why you should contact me about our Outside General Counsel services at Michael Best: Cost-Effectiveness: Compared to a full-time employee, outside counsel offers tailored expertise at a predictable cost, scaling with your needs. You only pay for the services utilized, avoiding the burden of salary, benefits, and office overhead. Yes, Michael Best is a big firm but compared with our competitors, we offer rates that reflect the realities of the North Carolina marketplace. Specialized Expertise: Growing companies often encounter diverse legal issues. Outside counsel provides access to a team of specialists in various areas, like contracts, intellectual property, and employment law, ensuring you receive the most informed guidance. Michael Best has experts in virtually every area of the law and our collaborative approach to client service means you will always have a team of lawyers looking out for your company's interests. Strategic Partnership: An outside counsel becomes a trusted advisor, intimately familiar with your company's goals and challenges. They can proactively identify potential legal hurdles, mitigate risks, and offer strategic guidance aligned with your overall business objectives. I've worked in this capacity for 30 years and can honestly confirm the value a truly imbedded outside general counsel brings to committed clients. To wrap things up - give me a call! Let's discuss how my team at Michael Best can enhance your company's operations and value. #CLT #BusinessLaw #GeneralCounsel #MichaelBest #VentureCapital

Thanks to your peers—and perhaps you?—these five Elevate Experts posts – hiring best practices, on law departments boosting the bottom line, ways to optimise the ‘contracts continuum’, and legal intake system ‘must-haves’ – were the most-read items in the past six months. Your engagement has made these topics stand out. Keep sharing your insights and stay tuned for more valuable content from Elevate Experts in 2024! https://ow.ly/X2FY50Qkw8t #Top5 #Bestof2023 #legalops #legaloperations #CLM #legalconsulting #ELM #legaltech #legaltechnology #legalinnovation #legaltalent #flexiblelegalresources #legalhiring #flexiblelawyers

Fractional hiring is the future of law firms. But, is it here to stay? How to embrace this shift in 3 steps. As a CEO who’s seen the evolution of legal services, I’ve observed a significant trend: fractional hiring. Fractional hiring isn’t just a buzzword. It’s a game-changer. In the legal world, we’re used to traditional staffing models. But times are changing. Technology and new working patterns demand flexibility. How does fractional hiring fit into this? → Cost savings: Save up to 60% compared to full-time hires. → Flexibility: Scale your team up or down based on demand. → Access to expertise: Get specialized skills when you need them. At Amata, we’ve embraced this model wholeheartedly. Our mission has always been to ease the business pain points for lawyers. With fractional support services, we’re taking this to the next level. By offering on-demand legal support and administrative services, we enable law firms to focus on what they do best: serving clients. Our services include everything from new client intake to preparing complex legal documents, all tailored to meet the fluctuating needs of modern law firms. Imagine having a team that grows and shrinks with your caseload. A team that allows your in-house attorneys to focus on high-value tasks. A team that provides expert support without the overhead of full-time employees. This isn’t the future; it’s the present. And it’s here to stay. Are you ready to embrace fractional hiring? Check out our recent blog post in the comments below to learn more!

What is a Business Strategy Session at Wheeler Legal, PLLC? 💼Business Strategy Sessions are for clients who need legal advice and have specific legal questions like: 👉What type of business entity should I form? 👉Do I need a contract? What type of contract do I need? 👉What should I include in my employee handbook? 👉 How to add or remove a partner from my business? 👉 How do I go about selling or purchasing a business? 👉 Is this commercial lease okay to sign? 👉 Does this employment agreement provide proper protections? Ready to schedule a Business Strategy Session? Call us at 321.209.5995 or visit our website (link in bio). ❔Questions? Leave a comment below! #wheelerlegal #businesswoman #businessowner #floridabusiness #mompreneur #smallbusiness #spacecoast #business #consultation #legal #smallbusiness #strategy #businessstratgey