Fractional Head of Legal
In the fast-paced world of startups and scaleups, having a robust legal foundation is essential for growth and success.
However, hiring a full-time in-house legal counsel can be a significant financial commitment, especially for early-stage businesses. Also, you need to choose a legal expert who understands your unique approach to growth and risk. The wrong solicitor can be worse than none, just more costly!
That's where the fractional head of legal, a part-time or project-based legal professional, can offer invaluable benefits.
Why Consider a Fractional Head of Legal?
Cost-Effective: Fractional legal counsel provides access to expert legal advice without the overhead costs of a full-time in-house solicitor. This can be particularly advantageous for startups and scaleups with limited budgets.
Flexibility: Fractional arrangements offer flexibility, allowing businesses to scale their legal resources up or down as needed. This can be especially helpful during periods of rapid growth or change.
Objectivity: As an external consultant, a fractional head of legal can provide an objective perspective on legal matters. This can help to avoid conflicts of interest and ensure that the business's best interests are always represented. It can also bypass any internal politics or history, as the consultant is impartial.
Network of Resources: Fractional legal professionals often have access to a network of resources, including other legal professionals and consultants. This can be beneficial for businesses that need assistance with specialist tasks or projects.
By considering a fractional head of legal, startups and scaleups can gain access to high-quality legal advice without the significant financial commitment of a full-time in-house solicitor or the prohibitive costs of private practice law firms, haring on an hourly basis.
Using LegalDash as a fractional head of legal will mitigate risks, protect the business, and facilitate growth.
