BLMBusiness Legal Management

FAQ

Frequently Asked Questions

What do you mean by "CEO Peace of Mind"?

It's what Fortune 500 CEOs get from a senior executive responsible for managing the legal function: confidence that someone with experience and judgment is managing risk, spotting opportunities, and running the legal function. That frees the CEO to focus on vision, teams, products, innovation, and sales. BLM brings that to growing companies.

Is my information confidential?

Yes. Each client's information is kept strictly confidential. Confidentiality is covered in your BLM engagement agreement, so there's no need for a separate NDA. Note that BLM is a consulting company, so communications with BLM may not carry attorney-client privilege the way communications with a law firm can. Where privilege matters, the work can be handled by Business Law Group LLP or your counsel.

Are you my lawyer?

No. Business Legal Management LLC is a business consulting company, not a law firm, and it doesn't provide legal advice. Your BLM executive is a senior executive responsible for managing the legal function. Like a CFO, they manage the function by working with your own counsel (your existing lawyers and law firms) or the Embedded Legal Team from Business Law Group LLP, whichever you choose, but they don't act as your company's lawyer. If you need legal services, they're provided by Business Law Group LLP through a separate engagement, or by counsel you choose. Any attorney-client relationship is with Business Law Group LLP, not BLM.

How much time will I get?

You get a standing monthly leadership meeting, regular check-ins, and fast response when something urgent comes up. Core clients receive more time than Founder clients. When legal work is needed, Business Law Group LLP's included hours handle it, so your Principal Consultant's time goes to judgment and direction, not paperwork.

Who is this for?

CEOs of companies with roughly $5 million to $75 million in annual revenue and 15 to 250 employees who don't have a senior executive responsible for managing the legal function. Most are spending real money on outside law firms with nobody senior directing that spend, or are dealing with regulators and government agencies. Our clients come from life sciences and labs, health and wellness, technology and apps, consumer products, franchising, and international companies building a U.S. business. Earlier-stage companies, from about $1 million in revenue, can start with our Founder program.

How is this different from a fractional General Counsel?

A fractional General Counsel is typically a lawyer who provides legal services to your company part-time. BLM is different in three ways. First, your BLM executive is a senior executive responsible for managing the legal function, along with government relations and outside law firms, the way an SVP does at a Fortune 500 company. They hire and direct lawyers rather than acting as your lawyer. Second, BLM principals bring founder and CEO experience as well as corporate experience. Third, BLM is a consulting company. Legal services, where needed, come from Business Law Group LLP or your own counsel.

What does it cost?

Founder Program: from $2,000/month, for companies with $1M to $5M in revenue. Core: $12,000 to $24,000/month, based on revenue. Typically less than half the cost of a full-time general counsel. Every plan includes a set number of Business Law Group LLP hours each month. Custom pricing is available for added complexity. See pricing ranges.

How do I get started?

Take the free Business Legal Rating, or book a free consultation.