There are several traits that you should be looking for in a outside general counsel services.
Business
The first trait is that they are going to be able to understand the big picture of the business and industry. This means that they are going to know the legal aspects of any type of deal. Therefore, they are going to need to have a strong handle on all of the financial matters of the business. In other words, this is all of the costs and risks that are involved in owning. They are going to help to maximize your return on the investment.
Reputation
The second trait is that they are going to need to be able to demonstrate good judgement. This means that they should have a good reputation for being able to make the right calls and connecting all of the dots with not a lot of information. Therefore, they are going to need to be able to help the whole team to make everything to be done by the deadlines without any problems. In other words, they are going to be the person that is going to be willing to roll up their sleeves and make important decisions under pressure.
Person
The third trait is that the person is not going to talk like a lawyer, instead they are going to talk like a business person to you. This means that they are going to be talking in terms that you are going to be able to understand. They are going to be able to communicate all of the key points of the business and address any of the legal issues without having to drag the business leaders into it. Therefore, they are going to take the time to hear you out when you have any concerns about the business.
Humble
The fourth trait is that they are going to need to be humble. This means that they are going to understand that sometimes the business leaders are going to need to make the decisions that are not going to allow the best advice of the counsel. This is because they are not going to want to make risks that don’t make sense to them. The best strategy for you is that you will need to choose better practices for the business. If the person is a strong fit for you, then they are always going to ask your opinion.
Roles
The fifth trait of the outside general counsel services is that they are going to be able to take the role of being a leader of the business. Therefore, they are not going to wait for the opportunities to present themselves, instead they are going to create the opportunities that they need for the business. This means that they are going to need to talk to the important people in the business for you including making the presentations to the clients when it is needed. This is one of the best ways to make yourself known in the business world.
