frequently asked questions
Why choose RAN Advisory PLLC to engage counsel?
We bring decades of experience in hiring lawyers and want you to take advantage of our expertise to engage a specialist who will handle your specific mandate. We ensure that the scope of work and budget align with the engagement letter. From investigation and due diligence on the lawyer to negotiating engagement terms, we handle it all. With us, precision decision-making replaces guesswork.
What services are offered when engaging counsel?
We offer two options tailored to your needs.
- The first option involves preparing a comprehensive fact statement, completing due diligence, researching lawyers, negotiating fees, and providing a recommendation. Once you approve, we take it a step further and negotiate engagement terms within acceptable parameters.
- The second option is a streamlined version where we find qualified lawyers, provide their contacts, a referral, and a comparative analysis of their credentials for your informed decision-making.
What legal projects can RAN Advisory PLLC assist me with?
We specialize in managing legal projects of all sizes and complexities, such as litigation, transactions, or investigations. From choosing external partners to building budgets and supervising due diligence, we bring your team together, ensuring timely and attentive engagement with external service providers. Our expertise and structured approach guarantee clear objectives, realistic timelines, tangible deliverables, and transparent costing.
Why RAN Advisory PLLC for legal project management?
While your C-suite is focused on growing your business the demand to attend to and supervise legal issues does not cease. RAN Advisory PLLC steps in to ensure your projects are executed meticulously, efficiently, and cost-effectively while managing legal risks. We define objectives, establish realistic timelines, and deliver tangible outcomes with transparency in costing.
What are legal operations?
Legal operations involve the management and administration of legal processes, systems, and resources within a law firm or legal department. It includes optimizing various aspects of legal work, such as contract management, invoice processing, legal technology implementation, vendor management, knowledge management, and project management. The goal is to enhance the efficiency, effectiveness, and overall performance of the legal function within an organization.
How can RAN Advisory PLLC streamline legal operations?
We provide solutions to streamline legal operations and increase cross-departmental collaboration. By leveraging our expertise, we troubleshoot legal challenges faced by your company, reducing liability exposure. We also optimize contract and invoice management processes to ensure compliance, mitigate risks, and improve efficiency.
What benefits can my company expect from optimizing contract and invoice management?
By partnering with us to optimize your contract and invoice management processes, your company can expect improved compliance, reduced legal risks, and enhanced efficiency. We analyze your existing processes, identify areas for improvement, and implement strategies to streamline operations and increase effectiveness.
How do you help minimize risks and enhance compliance?
RAN Advisory PLLC conducts in-depth evaluations of your company's practices, focusing on areas such as sales, product distribution, or employee/personnel issues. Based on our findings, we provide comprehensive recommendations and effective solutions to mitigate risks, ensure compliance, and improve efficiency.
How do you safeguard my company's reputation and assets through risk and compliance evaluation?
Our thorough evaluation process enables us to identify potential risks and areas of non-compliance within your company. By implementing our recommended solutions, you can safeguard your reputation, protect your assets, and foster a culture of ethical conduct within your organization.
How can part-time general counsel support my strategy?
Our dedicated part-time general counsel provides invaluable support in board reporting, strategy setting, legal reporting, and more. By leveraging this expertise, you can ensure legal compliance, make informed decisions, and align business strategy with expert legal guidance.
What advantages does hiring part-time general counsel offer over full-time in-house counsel?
Hiring part-time general counsel provides access to top-tier on-demand legal expertise without a full-time commitment. Benefit from strategic guidance, industry insights, and extensive experience while enjoying flexibility and cost savings compared to hiring a full-time in-house counsel.
How can you assist in conducting internal investigations?
Our experienced team conducts thorough internal investigations when something has gone wrong. We exercise discretion and professionalism, delving into facts, uncovering the truth, and providing comprehensive reports and actionable recommendations to guide your decision-making.
Why should I trust RAN Advisory PLLC for conducting internal investigations in times of crisis?
With our track record of delivering results and our commitment to unbiased assessments, we are a trusted choice for internal investigations. Our professionalism, experience, and dedication to guiding actions based on truth ensure accountability and effective decision-making.
How can RAN Advisory PLLC help with legal budgeting?
At RAN Advisory PLLC, we specialize in assisting businesses with strategic legal budgeting. We analyze your fiscal year, anticipated legal needs, historical legal issues, and preferred legal service providers to help you plan your legal budget effectively. With our decades of experience, we provide detailed attention to various aspects where legal input is required. Our goal is to ensure that your legal budget is optimized, whether it involves one-off, ongoing, or recurring expenses at a certain frequency.
What is the benefit of strategic legal budgeting?
By engaging RAN Advisory PLLC for legal budgeting needs, you can benefit from our precision, attention to detail, and cost-effective solutions. We guide you in planning your legal budget based on your specific circumstances and help you make informed financial decisions. Our expertise enables us to identify potential cost-saving opportunities, such as leveraging technology or conducting competitive searches to set legal panels and secure budget-friendly rates. With our strategic approach, you can optimize your legal expenses and allocate resources more efficiently.
Can you assist with legal budget cost-cutting mechanisms?
Absolutely! We understand the importance of controlling legal costs. RAN Advisory PLLC can advise you on various cost-cutting mechanisms tailored to your business. We explore options such as incorporating technology to streamline processes, reduce manual labor costs, implement forms, and standardize contracts. Additionally, we help you conduct competitive searches to set up legal panels, allowing you to lock in rates that are used for budgeting purposes. Our goal is to help you achieve cost efficiencies while maintaining the quality and effectiveness of your legal services.