Why do Startups need Virtual General Counsel services? It is axiomatic that MNCs and large companies hire General Counsels for the compliance of various laws, but they are not guaranteed for complete compliance. They build up their own in-house legal department that further requires huge expenditure. Unlike an in-house legal department, the concept of Virtual General Counsel is known for providing General Counsel’s services through its advanced technology-driven platform. It is specialized in delivering the services ‘round the clock’ as well as expeditiously.
Now, the question before us is why do Startups need Virtual General Counsel services? All the successful Startups are known for their innovative ideas, technology and mechanism of their marketing, etc. However, it often becomes difficult for them to comply with various rules and regulations of various statutory laws and deal with legal-related work. Believing such compliances and work as intricacies, they deem it expedient to have a team comprising of legal professionals or General Counsels. It is important to note that setting up the legal team is beneficial to some extent as the legal professionals are still employees who do not guarantee compliances completely. But, the onus is always on the employer to ensure the compliance and execution of legal-related work.
The Startups are required to focus on the core areas of their businesses. There is a need for maintaining a balance in the work process of different department. Despite all, if their work processes are choked with legal activities, it will hamper the overall productivity of their businesses. Hence, outsourcing legal-related work to Virtual General Counsel company would not only provide the General Counsel Services to startups at affordable cost, but the latter would able to focus on their core areas and thereby fueling productivity in their businesses.
There are innumerable benefits in availing the Virtual General Counsel service. The Virtual General Counsel service provides you with a multi-disciplinary team comprising of absolute specialists in the various legal domain. The Virtual General Counsel companies are able to reach out to all the places across a country through their technology-driven platform. Moreover, the benefits also include no sickness, no compulsory education, and no holiday entitlement of their professionals. In other words, the services would be delivered to Startups throughout 365 days of the year.
LetsComply.com is a leading technology-driven platform in India that provides Legal, Finance and Taxation services at one click with innovative acumen and client-centric approach. We have long-term synergistic alliances for business growth.
With experience & knowledge encompassing a wide range of legal and finance profession, LetsComply assures seamless mettle and unbounded dedication as the essence of our work. Our impetus-driven and distinct methodology dealing with focused client needs in the most accomplish & effective way under the guidance of an experienced team of professionals, whose unimpeachable expertise is backed by their proven credentials, is our strength.
We, at LetsComply.com, are committed to helping entrepreneurs and business owners to start, manage and grow their businesses by taking care of their legal, financial & taxation worries. We have contributed some of the path-breaking standards while ensuring the constant growth of the industry in India as we allow businesses to focus on innovation & expansion on core and major activities of their company, without having to fret about compliance issues, which certainly a matter of great concern and can’t be left unattended.
We aim to be a long-term partner in the entire business lifecycle at all stages of the entrepreneurship — Startup, Growth, acceleration & Progression Stage- to make sure that the businesses do not fallback due compliance intricacies and hence continue to grow manifold with zeal to exceed in the global standards.
In today’s digital era of future-proof vision for technology escalation in the domain of legal and finance, possessed with a natural flair for trespassing the convolutions of business needs with unvarying attention and continual learning curve, we bring to you the concept of Virtual Intelligence by way of Virtual CFO (vCFO) and Virtual General Counsel services to enable accelerated growth to your business by managing both legal and finance activities, a vital and technical but very important function for any business.
We are a team of experienced Chartered Accountants, Company Secretaries, Cost Accountants, Corporate Lawyers, Management Experts, IP Attorneys, and Technologists, who are ready to assist you as per your convenience.