Hiring a Fractional General Counsel in Korea: IPG Legal’s Part-Time In-House Attorney Program

In order to reduce costs, while providing your company an on-call Korean and/or international attorney, a fractional general counsel may be right for your company doing business in Korea. A major benefit, other than cost savings, is you are not, only, obtaining the advice of one attorney, but get access to a firm of attorneys and many highly-experienced attorneys (retired judges, retired government attorney, former in house attorneys and other highly-experienced attorneys) that may be too costly to retain as a full-time general counsel.

IPG Legal’s Fractional General Counsel in
South Korea

What is a Fractional General Counsel? 

Most companies have legal issues that must be addressed quickly and efficiently. This is particularly critical for growing companies, companies just entering the Korean market and companies in highly regulated industries. IPG Legal’s Fractional General Counsel program offers companies, doing business in Korea, the opportunity to work with highly experienced attorneys on a part-time basis, in most cases, at a fraction of the cost of hiring a full-time general counsel in Korea or paying for outside counsel by the hour. In many cases, IPG Legal can, also, act as a regional fractional general counsel for companies working in multiple jurisdictions in Asia and North America.

How much does IPG Legal’s Fractional General Counsel cost?

IPG Legal’s Fractional General Counsel fees are based on either a flat-fee each month for a number of hours of work or based on a project basis. IPG Legal has other flexible arrangements to meet the specific needs of the client. Legal fees start at as low as US$ 1,000 per month for some SMEs.

We find that most clients appreciate the ability to allow the C-Suite and key management to contact an attorney and vet issues with the attorney, while allowing the attorney to monitor issues and advise on changes to law and best practices without having to worry about the unpredictability of legal costs of outside counsel. We find that the ability to effectively and efficently address legal and compliance needs frees up time and empowers the C-Suite and key management.

If you would like to discuss if our Fractional General Counsel program is right for your business, please Schedule a Consultation with an Attorney.