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The Business, Commercial & Bankruptcy Law Section of the Barristers Club presents What In House Counsel is Looking for in Outside Counsel SPEAKERS Jennifer Chaloemtiarana Tuesday, August 2, 2011,
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How to fill out what in-house counsel is:

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In-house counsel refers to lawyers who work for a company or organization as an employee rather than as external legal advisors.
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They provide legal advice and representation to the company on a wide range of legal matters, including contracts, employment law, intellectual property, corporate governance, and regulatory compliance.
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In-house counsel are responsible for ensuring that the company operates within the legal boundaries and helps in minimizing legal risks.
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They play a crucial role in decision-making processes and provide legal insight to help the company achieve its goals while staying compliant with the law.
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In-house counsel also handle negotiations, mediations, and litigations on behalf of the company, working closely with external counsel when necessary.

Who needs what in-house counsel is:

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Large corporations and multinational companies often have a dedicated in-house legal department or team to handle their legal affairs. They require in-house counsel to navigate complex legal issues specific to their industry and to ensure legal compliance across different jurisdictions.
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Small and medium-sized enterprises (SMEs) can also benefit from having in-house counsel, especially if they frequently encounter legal matters. Having in-house counsel can be more cost-effective in the long run compared to relying solely on external legal advisors.
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Startups and entrepreneurs may also find value in having in-house counsel, particularly when dealing with intellectual property, contracts, and regulatory compliance from the early stages.
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Non-profit organizations and government agencies may require in-house counsel to handle legal matters unique to their sector, such as compliance with specific regulations and policies.
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Any company or organization that wants to minimize legal risks, ensure compliance, and have legal expertise readily available can benefit from having in-house counsel.
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In-house counsel is a legal professional who works within a company or organization, providing legal advice and representation on internal legal matters.
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To fill out what in-house counsel is, one must provide detailed information about the legal department, the types of legal matters handled, and any relevant statistics or metrics.
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Information such as the number of in-house lawyers, the types of legal matters handled, legal expenses, and any significant legal developments must be reported on what in-house counsel is.
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