A 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.