General Counsel
Fortune 500 corporations all have their own general counsel divisions that handle their business legal matters. However, these companies can afford to have their own legal team, whereas most privately held businesses cannot afford their own legal division, but still desire to have an attorney that they can contact with legal matters and advice that they can rely upon and feel comfortable that their matters are of the utmost importance and require immediate attention.
K/S offers “General Counsel” services to privately held corporations by and through its “Corporate Retainer” Program. K/S Corporate Retainer program is a pre-paid legal program that provides its commercial clients with corporate legal services similar to having your own in-house counsel. Our clients participating in our Corporate Retainer program have the benefit of our extensive range of legal services.
All Corporate Retainers provide immediate access to our attorneys with immediate response and follow up to all corporate matters inquired by our clients. Our clients participating in this program range from small corporations to large international corporations.
How does it work? You execute a retainer with our firm for as many hours as you expect to need our services on a monthly basis. The amount of time is subjectively dependent on the needs of your company. However many hours that you choose, you are billed on a quarterly basis for the amount of hours. You pay your quarterly prepaid hours at the start of each quarter. Due to the fact that you are prepaying these legal fees, they are gradually discounted at a higher rate the more hours you need. At the end of each quarter, any unused hours are banked and applied for the following quarter(s). Therefore, you do not waive any unused time. Any additional time over and above the prepaid hours are billed to you at our regular rate and due upon receipt of your following quarter’s statement. In the event that you underestimated the amount of time necessary for your legal needs for that quarter, they can be adjusted at the next quarter to avoid being billed for additional time at the regular rates.
To find out more about our Corporate Retainers, please feel free to contact our firm for a free consultation to discuss how we can provide your company with its own general counsel.
