FCLO

Fractional CLO Services

Recognizing risk. Creating systems. Managing employees. Revising documents. Complying with regulations. Pursuing rights.

How do successful business owners manage the legal risks of a growing business?

What is the cost of not recognizing the risks? Or handling them poorly? Or too late?

Successful owners know that there is a point where they need to dedicate resources to tackle these problems and opportunities.

As businesses grow, they require more than just periodic hourly general counsel legal services. But sometimes they do not have the need or budget for a full-time in-house senior level attorney employee. These businesses are often stuck without a consistently dedicated legal professional who works in their business to understand it and walk through the legal challenges of growth or change.

For this reason, Brick Business Law offers a fractional Chief Legal Officer service. This service allows our attorneys to set aside and dedicate a fixed amount of time to such clients to better understand their needs, goals, risks and to develop and execute on an overarching legal strategy.

Such a relationship may involve, for instance:

Conducting a legal “audit” of the Company’s documents, operations and practices
Creating an overarching legal plan to address risks in a comprehensive way
Managing internal company legal operations or employees
Identifying, strategizing and implementing corporate legal risk management processes
Working with board members, executives, managers, owner or employees on a regular and ongoing basis
Advising on ongoing and regularly occurring legal issues
Managing outside legal counsel for matters such as litigation, collections or other issues
Executing on a legal and risk management communications and strategies involving customers, employees, clients, investors and other third-parties
Overseeing contractual obligations, responsibilities and related matters
Preparing for the eventual sale of a business or a transition in leadership

Generally, this fractional CLO becomes more like a part of the Client’s internal team, rather than an outside advisor. The deep familiarity with the client’s people, plans and operations allows for a heightened ability to strategize, identify and respond to issues that may not normally be recognized or addressed by the organization in a systematic way.

Our CLO services are generally offered in annual packages with monthly payment plans to allow for predictable and consistent expense management. Take the stress and risk of managing legal risks off your plate. Contact us to set up a consultation with your next fractional CLO.