Is It Possible to Get Virtual General Counsel for My Small Business?
Yes, it absolutely is. If you’re running a small business and need reliable legal help without hiring someone full-time, virtual general counsel and fractional general counsel could be the perfect solutions. These modern legal services give you access to top-notch expertise when you need it—without the cost and hassle of having an in-house lawyer. Let’s break down what these options are, how they work, and why they make sense for small businesses.
What Is Virtual General Counsel?
A virtual general counsel (VGC) is a lawyer you can work with remotely. They’re like having your own in-house lawyer, but without the overhead of a full-time employee. They’re there when you need them, and they handle a range of legal tasks like reviewing contracts, managing compliance, and advising on risks.
Why Small Businesses Love Virtual General Counsel
- It’s Affordable
Hiring a full-time lawyer is expensive. With a VGC, you only pay for what you need—whether it’s ongoing support or help with a specific project.
- It’s Flexible
Your business’s legal needs might change over time. A VGC lets you scale their involvement up or down depending on what’s happening in your business.
- It Covers a Lot
A VGC can help with contracts, employment issues, intellectual property, and more. It’s like having a Swiss Army knife for your legal needs.
- They’re Easy to Reach
Even though they’re not in your office, virtual general counsel is just an email, video call, or phone call away.
What Is Fractional General Counsel?
A fractional general counsel (FGC) is similar, but instead of being entirely virtual, they provide part-time legal help, often on a recurring basis. They’re like hiring an in-house lawyer for a fraction of the time—and the cost.
Why Fractional General Counsel Works for Startups and Small Businesses
- It’s Budget-Friendly
Instead of paying a full-time salary, you pay for the time you actually need. It’s perfect for businesses with a smaller budget.
- You Get Tailored Support
Fractional general counsel gets to know your business inside and out, helping you with specific challenges like compliance, contract negotiation, or risk management.
- It’s Scalable
Need more help during a busy period or big project? No problem. Fractional general counsel can adapt to your business’s needs.
- You Avoid Surprises
Most fractional general counsels work on retainer, so you know exactly what you’re paying for upfront.
The Big Difference Between Virtual and Fractional General Counsel
Both options are flexible, affordable, and give you access to great legal advice. The difference is in how they work:
- Virtual general counsel is typically remote and works on an as-needed basis.
- Fractional general counsel is often part-time but works more regularly, almost like a part of your team.
Some businesses use a mix of both to cover all their bases.
Why Small Businesses Should Care
You might be thinking, “Why does my small business need a lawyer at all?” Here’s why:
- To Avoid Costly Mistakes
Signing a bad contract or overlooking a legal requirement can cost you big time. Having a lawyer review things upfront can save you money and headaches later.
- To Build Trust
Clear contracts and policies show your customers and partners that you’re serious and professional.
- To Attract Investors
Investors want to see that your business is set up properly and legally secure. A lawyer can help you look the part and protect your interests.
- To Be Ready for Growth
As your business grows, so do the legal risks. Having a legal expert in your corner ensures you’re always prepared.
How Do These Services Actually Work?
Working with a VGC or FGC is simple. Here’s how it typically goes:
- You Start with a Consultation
You’ll meet with the lawyer (virtually or in person) to discuss your business’s needs and goals.
- You Choose a Service Plan
Whether it’s hourly, project-based, or a monthly retainer, you’ll agree on what works best for you.
- They Handle the Legal Stuff
From drafting contracts to advising on compliance, they take care of the legal tasks you need help with—without the hassle of hiring someone full-time.
- You Stay in Control
You decide how involved they are, scaling their services up or down based on your business’s needs.
Why Virtual and Fractional General Counsel Are Game-Changers
For small businesses, these services are a no-brainer. You get:
- Expert advice without full-time costs.
- Flexibility to adapt to your business needs.
- Peace of mind knowing your legal bases are covered.
And the best part? You can focus on growing your business, knowing a legal pro has your back.
Let Uncommon Counsel Help
At Uncommon Counsel, we specialize in working with small businesses and startups. Whether you need virtual general counsel, fractional general counsel, or a mix of both, we’re here to provide flexible, affordable legal support tailored to your needs.
Want to learn more? Contact us today. We’d love to help your business grow!