How can organizations obtain the business-savvy legal counsel they need – without breaking the bank? We offer a fresh, efficient and cost-effective approach to outside general counsel.
3. 1. VP AS GENERAL COUNSEL
Vice president doubles as general counsel
Benefits
● In-depth understanding of the business
● Knows the industry
● Business savvy
Drawbacks
● Cost
● Large burden for one person
● Difficult to balance dual roles
● Still need outside counsel for many issues
Instead, They Rely On Two Models:
VP AS
GENERAL
COUNSEL
4. 2. PROJECT-DRIVEN
Hire outside counsel to handle discrete legal problems
Benefits
● Less costly than in-house counsel
Drawbacks
● Counsel doesn’t know the business well
● Might not know the industry
● Limited role/scope of representation
● Deals with problems after they arise
● Reactive rather than proactive
● Greater indirect costs long-term
PROJECT-
DRIVEN
5. The Cowden Model of outsourced general counsel
Combines benefits of both models, without the downsides
MORE VALUE | LESS COST
A Third Way
VP AS
GENERAL
COUNSEL
PROJECT-
DRIVEN
The
Cowden
Model
6. ● Business savvy: We gain an in-depth
understanding of your business and industry.
● Proactive rather than reactive: We help you
develop strategies to avoid legal disputes
before they arise.
● Long-term trust and collaboration: We serve
as valuable legal allies throughout the life
of your business.
● Network of connections: We handle hiring
and managing additional professionals as
needed for specialized or complex matters.
● Cost-effective: A fixed retainer means
reduced costs and increased value.
Why It Works
7. ● Corporate governance
● Financing and securities
● Mergers/acquisitions
● Regulatory compliance
● Employment law
● Contracts
● And more
Guidance On A Broad
Range Of Legal Areas:
8. The 3 Pillars Of The Cowden Model:
COVERAGE
We provide
guidance to help
you mitigate risk
and make sound
business
decisions.
COMPLIANCE
We navigate
the regulatory
framework for
your industry.
SATISFACTION
Our bottom line
is your bottom
line.
9. The End Result?
Not Just Legal Solutions,
But Business Solutions –
All At A Reasonable Cost.
10. ● 40-plus years of business and legal experience
● Committed to innovative legal and business solutions
● In-depth knowledge of Ohio business climate across
numerous industries
Who We Are: Entrepreneurs
Advising Entrepreneurs