External legal support: pros and cons

When a business faces legal challenges, Kirstie Penk, co-owner and director of The Legal Director, assesses whether in-house, external or interim legal support is best

Many of our clients are CFOs and finance directors working in growing businesses. As the lead finance person, they are usually given responsibility for managing risk including legal but as the business changes, they often find themselves no longer able to cope with the quantity or complexity of the legal work that the business requires.

Deflected from their core roles, they can neither direct their business operations as they would like nor successfully address their legal risks and obligations effectively and efficiently.

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