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Next Era Legal's Fractional General Counsel Model: A Game Changer for Modern Businesses

In the rapidly evolving business landscape, companies are increasingly seeking innovative ways to manage their legal needs. Enter Next Era Legal, a forward-thinking law firm that has recently expanded its Fractional General Counsel (FGC) services to better meet the demands of growing organizations. With locations in major cities such as San Diego, Beverly Hills, Chicago, and Detroit, Next Era Legal is poised to redefine how legal support can be integrated into business operations.

What Sets Next Era Legal Apart?

Next Era Legal's approach goes beyond traditional outsourced legal support. While many firms might define fractional legal services narrowly, Next Era Legal emphasizes a unique paradigm that offers not just support but true integration into the fabric of a company’s operations. The firm's model is designed to deliver a comprehensive experience that aligns legal functions with business strategy, ensuring a smoother operational flow across various departments, including finance, sales, and human resources.

Major Enhancements to FGC Services

Next Era Legal has elevated its FGC services in the following three significant ways:

1. Deeper Executive Integration: One of the hallmarks of the updated model is that the Fractional General Counsel will work closely with the CEO and the executive team. This close collaboration allows legal priorities to be aligned with quarterly business objectives, facilitating a more synergistic relationship between legal counsel and business strategy.

2. Broader Operational Support: The FGC model now encompasses a wider array of operational functions. This means that legal support is not just confined to contract management but permeates through various aspects of the business. By embedding legal operations in departments across the organization, Next Era Legal ensures that compliance and risk management measures are consistently applied.

3. Standardized KPIs and Reporting: As businesses scale, their legal needs also evolve. The new FGC model introduces standardized systems for key performance indicators (KPIs) and reporting methodologies. This ensures that as a company grows, it can seamlessly maintain its legal oversight without sacrificing quality or speed.

The Nitty-Gritty of the Model

Next Era Legal’s Fractional GC service supports companies through crucial functions which include:

• - Contract Lifecycle Management: Streamlining the negotiation and execution of contracts.
• - Development of Department Playbooks: Tailoring legal frameworks for various departments to ensure uniform compliance.
• - Negotiating Key Agreements: From vendor contracts to financing arrangements, the FGC services are comprehensive.
• - Compliance Management: Keeping track of compliance calendars and developing necessary policies to meet regulations.
• - Executive Training: Offering specialized training for teams within sales, operations, and procurement to enhance their understanding of legal processes related to their work.

Why Choose Next Era Legal?

As stated by Eric Proos, one of the founding partners, “Many firms label document drafting as fractional GC. Our model is different. We embed with the executive team, manage legal operations, and create continuity across finance, sales, operations, HR, and the board.” This statement encapsulates the firm’s commitment to providing not just legal services, but a true partnership that facilitates growth and operational efficiency.

Alongside Proos, fellow partner Jeff Monahan asserts, “Our clients want speed, clarity, and accountability. By functioning as true in-house counsel on a fractional basis, we reduce legal friction, get signatures faster, and give leaders the information they need to make decisions quickly.” This philosophy reflects Next Era Legal’s understanding of the challenges faced by modern businesses and their legal needs.

The Path Forward

In an era where agility and clarity are paramount, Next Era Legal positions itself as a key player in the legal landscape, offering solutions designed to scale with growing companies. The firm invites potential clients to explore its services further by visiting www.nexteralegal.com and to consider scheduling a strategy session or downloading one of its legal guides.

As organizations continue to navigate the complexities of the business environment, Next Era Legal stands ready to provide the innovative legal support necessary for sustainable growth.