What are the Benefits of Having In-House Legal Counsel?
Having in-house legal counsel offers several advantages:
- Accessibility: In-house counsel is readily available to address legal issues as they arise. - Cost-Effective: While the upfront cost may be higher, it can be more cost-effective in the long run compared to hiring external counsel for every issue. - Business Understanding: In-house counsel has a deeper understanding of the company's operations, culture, and strategic goals, allowing for more tailored legal advice. - Consistency: Provides consistent legal support and ensures a uniform approach to handling legal matters.