Attorneys John Piet and Charles Wright of the law firm Piet & Wright are pleased to announce they are expanding their presence in Las Vegas and Salt Lake City by offering Outsourced General Counsel legal services.
Many businesses today are large enough to face complex business issues but are too small to hire a full-time, in-house attorney. In order to address pressing legal issues as soon as they arise, these businesses have few options and are all too often forced to keep an outside firm on an expensive retainer. These law firms often do not specialize in business matters and their attorneys are either unable or unwilling to get to know an individual business in order to better understand its issues and provide more effective representation.
The law firm of Piet & Wright has the experience and the willingness to be your Outsourced General Counsel. Their attorneys have extensive experience as managers and business owners and can appreciate the challenges facing small businesses in today’s sometimes volatile marketplace. We can help you navigate the choppy waters of business ownership, including formation, banking, employment law, contract disputes, e-commerce, employment matters, financial issues, and any other concern that may arise during the tenure of your business. In addition to legal services, we also provide business plan review and drafting, employee training program development, marketing plan design, and a host of other services. Our firm is large enough to address any issue you have, while being small enough to take a beneficial team approach to solving any problem that comes your way.
“Piet & Wright’s most important objective is to know the client,” says managing partner John Piet. Typical clients have ongoing legal needs which often involve assets and products that need protection from increasing exposure to legal risk. “While the expertise of outside firms can be restricted to one or two legal specialties, as attorneys and business owners, we have experience with all the challenges a business may face,” Wright says. Our experience with business issues sets us apart from other attorneys who would have to spend many billable hours familiarizing themselves with the basic operations of a small business. With our experience, as soon as we’re presented with your concern, we hit the ground running toward a solution, saving both time and money. The firm’s practice areas range from formation and asset acquisitions to e-commerce and litigation, and the attorneys do almost everything in-house, seeking outside special counsel when issues become too complex or specialized.
Our second objective is to provide our clients with a predictable, reasonable fee structure. Other firms offering outsourced general counsel services typically bill clients in one of two ways: project-by-project or on a retainer. A ten-hour monthly retainer averages $2,500, or $250 an hour, while the fees for individual projects vary widely, often from $400 to $600 per hour. Business clients can hire Piet & Wright on a six-month retainer, and bank the hours they do not use. “That flexibility means a lot to our clients,” Piet says, “and we hold one or two complimentary meetings at the inception of our representation to get to know the business and its managers, a crucial component to effective representation.” Piet & Wright sets itself apart through a keen understanding of its clients from a business perspective, according to managing partner Charles Wright. “The president or CEO of a company wants to see strategic thinking from everyone involved, including attorneys,” Wright says. “They’d also like to see their attorneys better comprehend their business and their industry in order to produce good results.” The attorneys at Piet & Wright are willing to spend the extra time to learn about their clients, with the end result being a more effective representation which hopefully leads to a long-term professional relationship.
In addition to ongoing legal advice, we offer flat-fee services. A new business startup kit for launching a corporation or a limited liability company costs $1,500 and a full corporate or LLC package with state and municipal licensing costs from $2,500 to $3,500, depending on local requirements. The firm also uses a flat fee structure for advising companies on how to comply with the ever-expanding myriad of legal issues facing today’s businesses.
The law firm of Piet & Wright offers high-powered legal services without the high price. We maintain modest yet tasteful offices and utilize technology as a cost-cutting strategy so our fees remain low. In most firms, paralegals and legal secretaries do all the actual work. At Piet & Wright, our attorneys do all the work themselves.
With offices in Las Vegas and Salt Lake City, Piet & Wright caters to businesses with annual revenues of $500,000-$100 million. By offering flexible, fair pricing structures and a wide array of services with the business experience to back them up, Piet & Wright will take the time to learn your business to be your Outsourced General Counsel.