Boston is one of the best places to start and grow any type of business because of its unique business environment and diverse population. Whether you are a startup, a mom-and-pop shop, expanding your medium-sized company, or strengthening your business, these businesses will find the right demographic for their products and services. However, with every action they take, legal issues will arise, and in order to overcome these issues, they must have a general counsel to support them.
Although in-house counsel is an option for businesses, many choose to outsource their general counsel for efficiency and scalability. David R. Mullany, Esq. is a great Boston-based business law firm you can count on if you are a business based in Boston, MA. Our Boston general counsel lawyers are skilled in providing clients with insightful legal advice for any legal concern you may have throughout your business.
Call David R. Mullany, Esq. at (978) 549-8900 for a Free Consultation.
What Is a General Counsel?
A general counsel is a business lawyer who acts as the company’s lead legal advisor. They will be the one responsible to guide the business’ legal strategy, ensure that they comply with state and federal law and reduce any legal problems for the business.
Companies have the option to have this role filled in by an in-house lawyer. However, some opt for general counsel that is outsourced to a law firm to save up on costs and for more efficiency.
What Roles Does A General Counsel Handle?
If you are curious as to what roles your general counsel can do, here is a short list of common roles they will play in your business:
- Legal Advice - They assist with guiding owners and the board when making business decisions, providing tailored legal advice to achieve certain goals.
- Corporate Governance: They make sure that your operations abide by legal and ethical standards and provide training for all employees and shareholders to adapt to these strategies.
- Contracts: From drafting and reviewing contracts to negotiating them, general counsels can represent your business in the discussions.
- Employment Law: General counsels can also help you establish a strong legal foundation for your business to handle any employment concern or issue. They work directly with the business’ HR department to develop these regulations and policies.
- Intellectual Property: They can assist with filing and enforcing your copyrights, patents and other proprietary assets, while making sure that you get the right reparations if someone violates your rights.
- Mergers and Acquisitions: They will review the deal in its entirety to ensure it protects your business interests and not cost your business once it is finalized.
- Regulatory Compliance: General counsels will also ensure that the business is able to handle regulatory, financial, strategic and geopolitical risks, as well as ensure that all business departments comply with regulatory standards.
- Litigation management: They monitor and develop the business’ litigation strategy, reduce the potential impacts brought by legal disputes and identify the best strategy to resolve them.
David R. Mullany, Esq. can explain to you the other roles your general counsel can do for your business. We can also show you how general counsels can adjust their legal support and advice.
Why Does General Counsel Matter for Boston Businesses?
Since Boston is a business paradise for many, the competition will definitely require businesses to be on their feet when it comes to their legal stability and compliance. A general counsel in their employ—either in-house or outside—can help them navigate this competition and the legal standards they have to uphold.
Here are other reasons why general counsels can help your Boston businesses moving forward:
- Risk Management: These lawyers can immediately identify and address any legal issues that will create liabilities for the company.
- Strategic Business Guidance: They provide legal advice regarding contracts, employment, partnerships and other business dealings.
- Cost Savings: It is more affordable to outsource legal counsel rather than have an in-house lawyer who would deal with these issues for the business.
- Assured Compliance: Having a general counsel on call or in-house can help your business stay in compliance with industry and government policies.
When Should You Hire General Counsel For Your Boston Business?
Any business can benefit from having their very own Boston general counsel on standby for their operations. At David R. Mullany, Esq., we recommend hiring a Boston general counsel if your Boston business experiences the following:
- Your business regularly engages into high-stakes contracts regularly
- Your business continues to grow and needs to adapt to the appropriate employment laws
- You are raising capital for your business or are getting ready for a merger or acquisition
- Your business is at risk of violating key legal regulations or if you have recently expanded and need to adjust your business regulations in the process.
David R. Mullany, Esq. can also review your current business situation to determine if you will require a general counsel and provide you the appropriate support in the process.
How David R. Mullany, Esq. Supports Your General Counsel Needs?
Our Boston, MA business law firm is committed to working with businesses looking for reliable, experienced, and locally-based legal counsel they can rely on. We will grow with your company’s legal needs and adapt our local knowledge to help you maneuver through the changing legal environment that is influencing your business and make the right legal decisions in the process.
When you request our Boston general counsel lawyers, our team will adjust its strategies to suit your business and the targets you have set. We will also be a team player, assisting you in any legal trouble you may have and ensuring that you always get the legal advice you need. Finally, we also offer affordable pricing, which will be explained to you upon your free consultation so you can pick the right payment structure for your business.
Ready to Get General Counsel for Your Business?
It is never too late to strengthen your business’ legal foundations, no matter how big or small your business is. With David R. Mullany, Esq., we will make it easier for you to have access to legal support that you know you can trust without worrying about long-term commitments and red tape that will hamper your business’ growth.
Avail our free consultation at any time to find out more about our general counsel service, and we guarantee that you won’t be disappointed with our services. You know your business is in safe hands, and you can grow your business without worrying about legal troubles stopping you in your tracks.
Call David R. Mullany, Esq. at (978) 549-8900 today for a Free Consultation.