Integrated Legal Counsel™ is outsourced, in-house counsel.
At Intellectual Strategies® we integrate with your team and perform just like your team member. This allows us to be fully informed at all times and committed to your success. We want to help you make the best legal and business choices, as early as possible, to minimize costly mistakes. In essence, our Integrated Legal Counsel™ approach allows you to have access to General Counsel services at a fraction of the typical costs for hiring your own in-house attorney.
Typical legal services are reactive to your needs. The normal way most attorneys are engaged is after the business team identifies a need or problem. By merely reacting to issues, businesses often incur unnecessary and unplanned costs and delays. Instead of operating reactively, our Integrated Legal Counsel™ engagements are set up to encourage proactive communications for preemptive issue spotting, so we can help you avoid problems altogether, or at least resolve them at the earliest stages.
Because of our proactive approach, Integrated Legal Counsel™ engagements are typically less costly than reactive legal services or hiring an in-house attorney. The real differences are cost allocation, cost predictability, and team access. We work with you to establish a 12-month Legal Roadmap™ of services you expect you will need, and we establish a fixed monthly rate for those Legal Roadmap™ services. This makes the costs predictable for your finance team. We like predictability, too. That’s why we offer a 10% discount on all services included in the Legal Roadmap™. If you decide to add more service during the engagement, you can still do that on an ad-hoc basis with a 5% prepayment discount.
Our attorneys have extensive experience on both sides of the legal spectrum. In addition to our experience at premier outside law firms, collectively we have spent decades employed in critical in-house roles including general counsel, patent counsel, chief legal officer, and corporate secretary for technology R&D and commercialization companies. We've helped companies raise hundreds of millions of dollars, access millions in government contracts and grants, optimize extensive patent and trademark portfolios, take responsibility for investment and investor management and board governance, and support various other business functions across several companies.
* During our engagement, you can engage additional legal services at our Integrated Legal Counsel™ Rate (5% prepayment discount).
** We can operate with a company-issued email address and phone number, and at certain levels of engagement we can work “on location” with your team.