How can a Legal Subscription Service Plan Benefit Your Small Business?
A Legal Subscription Service Plan, also known as a General Counsel Plan, can provide legal services for your business at an affordable price. You may be thinking, how can it help and why would I need it?
First, ask yourself, have you ever spent money to hire a lawyer in an emergency? What about when you started your company? Did you set it up the right way so you and your company are protected? Do you use contracts in your business? These and many other questions point to the need for experienced legal counsel. But can you afford it? Can you afford not to?
With a Legal Subscription Service, you’ll never find yourself without legal counsel. Plus, it’s affordable, and you’ll already have an established relationship. Let’s first dive into what it is and why having ready access to an experienced law firm can help you and your business succeed.
What is a Legal Subscription Service Plan? How can Your Business Benefit?
Many small businesses can’t afford to pay for a full-time, in-house attorney. In addition, hiring an attorney on an hourly basis can be expensive. But businesses of every size need legal counsel licensed to work in their state. A Legal Subscription Service helps by providing businesses with legal advice at a reduced cost. Plus, you work with an attorney that you know and who knows your business.
Here’s how it works: Instead of paying an attorney’s regular hourly rate, you hire a law firm on a contractual basis. That means you’ll pay the firm a fixed monthly rate to access their services when you actually need them. This way, you’ll have an established relationship with the firm, as well as access to attorneys with various areas of focus. Furthermore, they know you, and you know them. Of course, you must make sure the firm is licensed to work in your state. Click here to see an example of a Legal Subscription Service called Your General Counsel Plan.
What types of Legal Services can You use it for?
With most Legal Subscription Service plans, you can use the time with your attorney for many different business legal matters. This can include both proactive work like setting up your business entity, or it can be used to handle legal issues as needed. While all plans are different, here are some of the more common tasks when you can use the plan:
Creating business entities:
If you want to start any kind of business, you need an attorney who can advise you on the best ways to set up your business. If not done properly, it can put you at personal financial risk. You may need specific permits, and your business may need to be compliant with state and federal laws.
Drafting operating documents:
To start a business, you need to draft a wide range of documents. These include operating agreements, corporate bylaws, business policies, and more. Luckily, your law firm can take care of this for you. They’ll also keep your internal agreements and policies compliant with local regulations.
Legal Subscription Service for Employment matters:
Running a business means you’ll need to hire people, and you may also need to fire them. There are legal ramifications to hiring and firing. You may need your lawyer to help you address these, especially if they lead to any disputes.
Succession planning:
What happens to your business when you retire or if you die? It’s not a pleasant thought. Well, maybe retiring sounds nice! Either way, it’s something you need to plan. Deciding what happens to your business is critical to its future and your family. Whether you want to sell your business or hand over control to your employees, you need a solid plan in place. To make sure you cover your bases, you can use your Legal Subscription Service plan. This way, you work with your attorney to help draft your succession plan.
Intellectual property:
Stealing money or a piece of furniture is tangible and not something you want to face. But, what about the intangible? In other words, what about protecting your intellectual property? Your attorney can help ensure that nobody can steal or plagiarize your life’s work.
Branding, copyrights, and trademarks:
Part of intellectual property includes protecting copyrights and trademarks. Your business name, logo, images, products, and services are your company’s brand. They are unique and should be protected. As part of your Legal Subscription Service plan, your attorney can help you proactively protect your brand. Your attorney can also be your voice in and out of the courtroom in the event someone tries to steal your brand.
Contract review and negotiation:
Your lawyer can help you draw up employee, subcontractor, and even vendor contracts. They can make sure all contracts are even-handed and legally compliant. This will protect your business, especially during contract negotiations.
Litigation and other legal issues:
At some point, you may find yourself or your company in litigation. You may be sued or need to sue someone. You may be trying to avoid litigation during a crisis. Maybe, you’re involved in a copyright dispute. This is when you can use your Legal Subscription Service. These are the times when you need an experienced lawyer who knows your business.
These are just some of the ways your business can use and benefit from a Legal Subscription Service Plan.
Having an established relationship at a reduced cost is a game-changer for small businesses. It gives you access to experienced attorneys, sound legal advice, and risk assessment. The best part? It's there when you need it!
Are you wondering where to start?
As we said, it’s important to work with an attorney licensed in your state. You need to find a firm with a good reputation, and they should be experienced in business law. Additionally, they should offer a Legal Subscription Service. Not all law firms offer this service.
Archangel Law Group
Look no further because Archangel Law Group is here to help. We call our Legal Subscription Service, Your General Counsel Plan. It includes regular access to our attorneys and eight hours of legal services per year with the flat annual fee which can be paid monthly. It also includes a discounted hourly rate for any hours worked beyond the eight hours included in the annual flat rate. You can use these hours all at once, or in increments throughout the year. It’s there whenever you find yourself in need of legal counsel! We want to provide the services you need at a price you can afford. We offer support in many areas, ranging from business law to employee protection and civil litigation.
If you’re in Virginia, give Archangel Law Group a call today! Ask about Your General Counsel Plan.
We are proud to represent clients in legal matters pertaining to Business Law, Civil Litigation, Wills, Trusts & Estates, Criminal Law, Family Law, Construction Law, and Traffic Court. If you need an attorney and a Legal Subscription Service, Archangel Law Group is here for you. We serve clients in Chesapeake, Virginia Beach, Suffolk, Portsmouth, Norfolk, Newport News, and Hampton. This includes the surrounding counties of Hampton Roads, Virginia. We are here to discuss your specific business plans and answer your questions. Contact our firm at (757) 389-7383 or get in touch with our staff by emailing us.