Hiring Contract Law Firm Beirut Lebanon and Its Advantages
by David Thomas BloggerA contract lawyer, as the name implies, is a lawyer who is
contracted either as an employee of or as an independent contractor to the
company. A contract law firm Beirut Lebanon is generally hired for a certain
period of time, mainly for a specific project. If an attorney is hired as an
employee, they may either receive a salary or hourly compensation. The employer
is usually required to withhold taxes on the contracted lawyer and may offer
benefits similar to those provided to non-temporary employees. If they are
hired as an independent contractor, then the firm will typically not withhold
taxes or provide the employee benefits to the attorney. Rather, the attorney
will be having a contract rate and will be typically paid based upon the
completion of the project milestones or pursuant to an hourly compensation rate
that was established in the contract. Contract employees are mainly useful for
filling requirements of the company for a limited period of time or to meet the
needs of a specific project.
Hiring a legal contract law firm Beirut Lebanon can be a
highly beneficial option than simply hiring an attorney or law firm as an
independent contractor for performing services for the company. Even when a
company already has an in-house legal professional, it might be necessary to
hire a contract attorney who can meet the work demands or acquire the
attorney’s specific skill set.
Advantages of Hiring a Contract Law Firm
The following are benefits of working with a legal
professional on a contract basis:
Lower Cost
A contract attorney usually commands for an equal or higher
salary than a full-time employee or an independent contractor. However, a
contracted employee generally does not enjoy all of the additional such as
retirement contributions, healthcare benefits, vacation days, etc. benefits
that a full-time employee gets. Thus, the company saves money by not offering
these benefits to the contract attorney.
No Long-Term Employment Commitment
A contracted legal is typically employed for a finite term of
service. Thus the employer’s commitment to the employee will not be any longer
than the stated period.
Specialization
A business routinely encounters various unique legal needs.
This makes it important for a company to look for a specific type of legal
services for a specific/limited period of time. Employing a contracted law firm
for addressing these legal needs can avoid the costs associated with hiring a
full-time employee.
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Created on Feb 3rd 2020 22:47. Viewed 430 times.