SMEs often operate at a full-speed for years, yet hiring a full-time (1.0) lawyer is still not reasonable. Legal issues typically account for a fraction of a workload, for example, 0.4 on average. This workload is too little for a full-time hire, yet too much for a CEO to manage over a long period of time. Management and teams get stuck with legal matters, losing focus and time. Traditional legal services can be too expensive, leading to a postponement of the decision to engage a lawyer.
What is a Fractional Lawyer Service?
- Monthly Fee-Based Service: Tailored to the needs of your company.
- Flexible Volume: From 4 hours/month to 40 hours/month.
- Dedicated Lawyer: Booked for a fixed number of hours each week.
- Integrated Support: The legal counsel is familiar with your business operations, challenges, and industry, working closely with your entire team.
What a Fractional Lawyer Service Usually Involves
- Contract Work: Drafting, analysis, and review of contracts, including employment contracts and other employment documentation.
- Supplier and Partner Relations: Analysis of terms of service, contract negotiation, and dispute resolution.
- Representation: Acting on your behalf before authorities and agencies for permits, consultations, and registrations.
- Trainings: Providing training materials and workshops for teams (marketing, sales, customer support).
- Stakeholder Support: Assisting stakeholders with contracts, decision-making, compliance, and processes.
- Compliance: Identifying and ensuring compliance with applicable requirements (GDPR, ESG) according to your sector and activities.
- Strategic Planning: Developing a strategic plan to build the legal function and processes in your company according to your objectives, plans, and budget.
An example of a Fractional Lawyer Service:
Weekly Schedule
Every Wednesday
9:00 – 13:00
Location
On-site* / remote
/ hybrid
Monthly Service Scope
16 hours
(option to scale based on need)
Sample Monthly Fee
€2,000* (+VAT)
*Available in Estonia
*Fee depends on the volume of the service and the agreed objectives.
Core Legal lawyers are experienced in providing fractional services and are committed to supporting your business needs effectively and efficiently.
Contact Tiina Pukk at tiina.pukk@corelegal.eu, +372 515 6490 to get a tailored offer!