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Based in Cleveland. Serving all Ohio.
Ongoing Business Counsel

A legal point person for the business you are building.

Ongoing counsel for established Ohio businesses that need continuity, judgment, and coordination without hiring a full-time in-house lawyer.

Andrew C. Goodwin, founding attorney of Rhodium Law

A growing business produces legal questions long before it needs a lawyer on payroll. Contracts arrive. Ownership and governance documents age. New relationships create new risks. Decisions made for the business begin to affect the owner’s personal plan. Rhodium Law serves as fractional general counsel for businesses that need one trusted legal point person to understand that larger picture and keep the work moving.

What is fractional general counsel?

Fractional general counsel is an ongoing outside-counsel relationship. The business retains Rhodium Law to serve as its primary legal advisor for a defined scope of recurring work, without the cost or infrastructure of a full-time in-house legal department. Instead of beginning from zero each time a contract, governance question, or transaction appears, the relationship carries the business’s history, documents, priorities, and advisor network forward.

The value is not a promise that one firm will perform every possible legal service. It is the assurance that the business has a point person. Rhodium Law handles work within its transactional and advisory lane, identifies issues early, and coordinates specialists when a matter calls for litigation, tax, securities, regulatory, intellectual-property, employment, or other focused experience.

When an ongoing counsel relationship makes sense

Revenue and headcount can be useful context, but frequency is the better test. A business may be ready for fractional general counsel when legal questions recur often enough that project-by-project counsel creates friction, delay, or inconsistent decisions.

  • The business regularly signs customer, vendor, licensing, employment, contractor, or confidentiality agreements.
  • More than one owner must coordinate governance, authority, compensation, buy-sell terms, or future succession.
  • The company is adding people, entering markets, buying assets, leasing space, or preparing for a transaction.
  • The owner wants business decisions coordinated with tax advisors, financial advisors, insurance professionals, and personal estate planning.
  • No in-house lawyer is responsible for seeing how these matters connect.

For a business with only an isolated formation or one contract to review, a defined project engagement may be the better fit. The ongoing model becomes valuable when continuity itself improves the work.

What Rhodium Law handles and coordinates

Fractional general counsel is built around a practical division of responsibility. The Team at Rhodium Law performs the recurring work that fits the firm’s business-law practice and stays accountable for coordinating the larger legal picture.

Handled by Rhodium LawCoordinated when separate counsel is needed
Commercial contract drafting, review, and negotiationLitigation, arbitration, and contested disputes
Entity governance, operating agreements, resolutions, and ownership recordsSpecialized tax, securities, benefits, or regulatory matters
Routine business transactions and relationship documentationPatent prosecution and specialized intellectual-property proceedings
Issue spotting, decision support, and preventive legal planningSpecialized employment matters and adversarial proceedings
Coordination with the business’s CPA, financial advisor, insurance professionals, lenders, and other advisorsLocal or subject-matter counsel outside Rhodium Law’s direct practice
One point of contact does not mean one firm does everything. It means the owner does not have to diagnose the legal specialty, find the right professional alone, and repeatedly explain the business from the beginning. Rhodium Law helps define the issue, brings in the right resource when needed, and remains involved in the advisory role the engagement requires.

The recurring work of running a closely held business

Most ongoing legal needs are not dramatic. They are the decisions that accumulate through ordinary operations: whether a customer agreement allocates risk appropriately, whether a vendor form matches the actual deal, whether an operating agreement still reflects how the owners work together, or whether a planned transaction changes the owner’s estate and succession strategy.

The relationship may include recurring contract work, governance maintenance, transaction support, ownership changes, business succession, and coordination with other advisors. The exact scope is defined in the engagement so the business knows what is included, how requests are handled, and when a separate project or specialist is required.

Continuity changes the quality of the advice

A project lawyer can complete a defined task well. But each isolated project carries a learning curve: who owns the company, how authority is divided, which agreements already exist, how the business earns revenue, and what the owner ultimately wants to build or transfer. An ongoing relationship preserves that context.

That continuity helps Rhodium Law recognize when a contract conflicts with an operating agreement, when a transaction affects a buy-sell provision, when governance has fallen behind the way the company actually operates, or when a business decision should be coordinated with the owner’s estate plan. The work becomes less reactive because the relationship is not recreated for every matter.

Defined scope and predictable legal spend

Rhodium Law structures ongoing counsel through a defined engagement and flat-fee pricing. Scope is set around the business’s expected volume and needs, with a clear process for work that falls outside the recurring arrangement. That makes counsel easier to budget and gives both the business and the Team at Rhodium Law a shared understanding of priorities.

A flat fee does not make every possible matter part of the engagement. Major transactions, unusually complex projects, and work requiring separate counsel may be scoped independently. The point is clarity before the work begins, not ambiguity after the invoice arrives.

Business counsel connected to the owner’s personal plan

For a closely held business, the company is rarely separate from the owner’s family wealth. Ownership interests appear in the estate plan. Buy-sell terms determine what happens after death, disability, retirement, or conflict. Insurance, real estate, tax planning, and succession decisions cross the line between business and personal planning.

Rhodium Law is built to counsel that whole relationship. Business law, succession planning, estate planning, asset protection, and related real-estate matters can be coordinated through one firm, alongside the owner’s existing financial and tax advisors. That is the practical meaning of coordinated private-client counsel for a business owner.

What happens when a matter becomes adverse?

Rhodium Law does not serve as litigation counsel. If an ongoing client receives a demand letter, is threatened with a claim, or encounters another potentially adverse matter, the firm can help identify the issue, preserve the relevant business context, and coordinate the handoff to appropriate counsel. Depending on the matter and the engagement, Rhodium Law may remain involved as the business’s advisory point person while separate counsel handles the dispute.

This boundary is part of the model, not a gap in it. A fractional general counsel should know what the firm can handle directly, recognize when specialized counsel is required, and keep the business from losing continuity during the transition.

How the relationship begins

The first step is a complimentary 15-minute Strategy Session with Intake Services. It is a fit conversation, not legal advice. If an ongoing business-counsel relationship may be appropriate, the next step is a paid Clarity Session, where Rhodium Law can understand the business, its recurring legal needs, and the documents or decisions that need attention. The details of any ongoing engagement are then defined in writing.

Scope of counsel

Rhodium Law can serve as the business’s primary legal point person for defined transactional, governance, and advisory work. The firm does not handle litigation or contested disputes. Specialized tax, securities, regulatory, employment, intellectual-property, and other matters may require separate counsel coordinated with the business.

Questions

Frequently asked questions

What does fractional general counsel do?

Fractional general counsel serves as an ongoing legal point of contact for a business. Rhodium Law handles defined contract, governance, transaction, and advisory work directly and coordinates specialists when a matter falls outside that lane.

Is fractional general counsel the same as outside general counsel?

The terms are commonly used for the same type of relationship: an outside firm functions as ongoing general counsel without becoming a full-time employee of the business.

What size business needs fractional general counsel?

There is no single revenue or employee threshold. The better test is whether contracts, governance questions, transactions, hiring, vendor decisions, or other legal issues arise often enough that a standing relationship is more useful than starting a new engagement each time.

Does Rhodium Law handle every legal matter for the business?

No. Rhodium Law serves as the primary legal point person, not as every specialist. The firm handles work within its transactional and advisory practice and coordinates separate counsel for litigation and other specialized matters.

How is ongoing counsel priced?

Rhodium Law uses a defined-scope, flat-fee engagement tailored to the business’s expected recurring needs. Larger projects and matters outside the agreed scope are discussed and scoped separately before work proceeds.

Can Rhodium Law coordinate business counsel with estate planning?

Yes. Coordinating business ownership, succession, estate planning, asset protection, and related real-estate matters is a central part of Rhodium Law’s model for closely held business owners.

Begin

Build the relationship before the next issue arrives.

Begin with a complimentary 15-minute Strategy Session. Intake Services will learn what your business needs, explain how Rhodium Law works, and identify whether a project engagement or an ongoing counsel relationship is the appropriate next step.

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