What is the role of in-house counsel?
In-house counsel are lawyers who provide legal advice only to their immediate employer, the company who has retained them. In the state of Texas, the role of in-house counsel is to advise the company on legal matters and provide proactive legal advice to help the company avoid legal issues and costly litigation in the future. In-house counsel can act as a company’s ambassador to the legal system. They will investigate, research, provide advice, and handle legal documents and proceedings. They should also be familiar with the company’s business operations and the corporate law and regulations that may apply to the company’s activities. In-house counsel are often best placed to provide timely, accurate and practical advice from an early stage, which may be critical for the success of a business. In-house counsel can also assist in preventing unintended consequences from business decisions, such as the risk of a merger or acquisition triggering a corporate law or regulation violation. In-house counsel must have a good understanding of the business, its objectives and operations in order to effectively act as legal advisors. They must also have good communication and negotiation skills to be able to represent their employers in legal matters and to provide guidance on legal matters.
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