The bigger and more successful a company becomes, the more varied and pressing the legal issues it might face. Eventually, these issues can become so common that hiring legal counsel for each becomes not just expensive and time-consuming, but also an impediment to the company’s continued operations.
Yet at the same time, it might not make financial sense for the company to invest in its own dedicated in-house legal department. If your organization has found itself in this predicament, the solution may be to develop an ongoing relationship with outside legal counsel.
Kennelly Business Law is a fixture of North Dakota’s business community, and we have deep roots in the region. We understand what it’s like to do business here, and we know the particular challenges that your company is likely to encounter. Let us help you solve those issues proactively in our ongoing role as your general business counsel. Contact us today for an initial consultation with our business law attorneys. From our office locations in Valley City, Wahpeton, and the Fargo-Moorhead area, we help clients throughout eastern North Dakota and western Minnesota.
Many businesses can benefit from retaining an outside law firm to assist them with ongoing legal matters. For smaller companies, outside general counsel can provide a cost-effective alternative to creating an in-house legal department, which comes with the overhead of salaries, benefits, payroll taxes, and increased workers’ compensation insurance premiums. An outside law firm assumes those costs, effectively spreading them across all its clients. An outside law firm can also provide scalable services based on a company’s growth or current operations. It can also provide businesses with predictability in their legal budgets through law firms’ billing structures.
General counsel can also help you by providing:
At Kennelly Business Law, we’re proud to serve clients in Fargo, Valley City, and Wahpeton, and throughout the surrounding communities. Our law firm can assist your business with a range of general counsel services, such as the following:
Our lawyers can assist entrepreneurs and business owners with entity formation and structuring, helping you select an entity type that aligns with your business objectives, financial concerns, and risk tolerances. We have extensive experience structuring entities, including corporations, limited liability companies, and partnerships. Our law firm can also draft or revise corporate governance documents, including bylaws, operating agreements, partnership agreements, or shareholders’ agreements. We also advise businesses with equity structuring, ownership allocation, and capital contributions, as well as with restructuring or converting existing businesses into different types of entities.
Our firm frequently counsels businesses in eastern North Dakota and western Minnesota about internal agreements and contracts with external parties. Our experienced contract lawyers have extensive experience drafting, negotiating, and reviewing commercial and business agreements, such as:
Our legal team can also support your business with ongoing contract management services, including regular audits throughout contract lifecycles, oversight of contract renewals, negotiation of contractual amendments, and response to breaches.
We can advise you regarding obligations and best practices for governance matters, such as:
Our law firm can also assist your company with more complex corporate governance issues, including voting deadlocks, books-and-records demands, minority shareholder oppression claims, and alleged breaches of fiduciary duties. We regularly advise majority shareholders, corporate directors, and company managers on their fiduciary duties, including situations involving conflicts of interest or self-dealing.
Our lawyers have extensive experience with both state and federal regulatory issues and industry-derived regulations. Our firm has worked with companies across various industries, giving us exposure to different regulatory schemes. We can help your business meet its legal compliance obligations, industry association requirements, and general regulatory compliance concerns, such as data privacy and information security.
Our attorneys assist companies with employment law issues such as the development of onboarding procedures, workplace policies, and employee handbooks. Our firm also counsels companies on employment contracts, helping businesses develop standard templates for employee agreements or advising company leaders during the negotiation of contracts with key employees. We can also advise your company on other employment-related issues, such as:
Securing ongoing legal counsel from our law firm can help your business with risk management and dispute resolution. We can assist with internal audits to identify potential legal risks for your business, insurance coverage reviews, vendor risk assessments, and contract reviews. Our lawyers can also help your company develop ongoing legal strategies, such as intellectual property protection.
We also help businesses resolve disputes, including by providing legal counsel on litigation risks and representing companies in settlement discussions or mediation.
Our firm can support your business through various strategic transactions, such as:
The law firm you hire to provide general business counsel services will become a critical partner, counselor, and advocate for your company. As such, you want to be certain that you’re choosing a firm that can represent your positions effectively and set your business up for success. Kennelly Business Law serves businesses in North Dakota and Minnesota. Choose us to help with your company’s ongoing legal needs because:
If your company needs help with ongoing legal matters, an experienced law firm can provide general counsel services that provide you with the timely advice and support you need to address those issues. Contact Kennelly Business Law today for a confidential consultation with a knowledgeable business attorney to learn more about our law firm’s services and discuss the benefits of hiring us as general counsel. We’re proud to serve businesses in the Fargo-Moorhead area and in other towns in eastern ND and western MN. We look forward to helping your business succeed.