PivotGC
FAQ · 18 questions
Cost · scope · jurisdiction · engagement
Direct answers

Frequently asked questions.

Direct answers on cost, scope, jurisdictions, and how a fractional General Counsel engagement actually works in practice.

FAQDefinitions & comparisons
01

What is a fractional General Counsel?

A fractional General Counsel is a senior commercial lawyer who performs the role of an in-house General Counsel for multiple companies on a part-time, retainer basis. Unlike external law firms, a fractional GC is embedded in the business. Unlike a full-time hire, they work across several clients and cost a fraction of a full GC salary.

02

How is a fractional GC different from a law firm?

A law firm typically bills hourly, works reactively on specific matters, and rarely sees the whole of a client's business. A fractional General Counsel is embedded in the business, works proactively, owns the legal function end-to-end, and bills on a fixed retainer. The commercial incentives are fundamentally different: law firms profit from more hours; a fractional GC profits from retention, which means preventing problems rather than billing them.

03

How is a fractional GC different from a part-time or interim GC?

"Part-time," "interim," and "fractional" are often used interchangeably, but there are practical distinctions. Interim GCs typically backfill a departed GC for a defined period. Part-time GCs are usually employed by one company on reduced hours. Fractional GCs serve multiple clients on ongoing retainers and are structured as an independent practice rather than an employment arrangement.

04

When should a scale-up hire a General Counsel?

Most European scale-ups begin to need a General Counsel function around Series B, when the contract stack gets larger and more complex, the company expands into additional jurisdictions, and commercial deals start to involve material legal risk. A full-time GC typically makes financial sense from Series C or around €30–50M revenue, though this varies by sector and complexity. Before that point, a fractional GC is usually the better economic and practical fit.

FAQCost
05

How much does a fractional General Counsel cost?

Fractional General Counsel retainers in Europe typically range from €3,000 per month for lighter engagements (a few hours per week) to €20,000 per month for embedded two- to three-day-a-week engagements. The cost is significantly lower than a full-time GC (typically €200,000+ all-in) and typically delivers better outcomes than reactive hourly-billed external counsel at the same or lower total spend.

06

How much does a full-time General Counsel cost in Europe?

A full-time European General Counsel for a scale-up typically costs €180,000–300,000 per year in total compensation, plus equity, benefits, recruitment fees (often 25–30% of first-year salary), and onboarding time. The full loaded cost in year one is frequently above €300,000. Senior GCs in London, Zurich, Amsterdam, and Stockholm tend to the upper end of the range.

07

How do you bill?

Retainers are billed monthly in advance. Projects are fixed-fee against defined deliverables. We do not bill hourly.

FAQScope & jurisdiction
08

What does a fractional GC actually do day-to-day?

Typical activities include reviewing and negotiating commercial contracts, advising leadership on deals in progress, managing external counsel relationships, building and maintaining contract templates and legal playbooks, advising on employment and contractor matters, tracking contract obligations, preparing for funding rounds or M&A, and briefing the board on legal risk.

09

Are you admitted in every jurisdiction you work across?

No commercial lawyer is admitted in every European jurisdiction, and anyone who claims to be isn't being straight. Every PivotGC General Counsel holds top academic credentials, is admitted in their home jurisdiction, and has practised across at least three European countries, with 5+ years of experience advising C-level executives on material commercial matters. Across other European jurisdictions, we operate as in-house counsel for our clients and instruct locally admitted lawyers when a matter specifically requires it. This is how every multinational in-house legal function works — we simply do it for companies that do not yet have the infrastructure to do it themselves.

10

Is this a law firm?

No. PivotGC is a fractional General Counsel practice. We provide the in-house legal function for our clients — the same role an employed GC would play — on a fractional basis. For matters requiring court representation or locally admitted advice, we instruct specialist external counsel, which we manage on the client's behalf.

11

What jurisdictions do you cover?

We regularly operate across the United Kingdom, Sweden, Norway, Denmark, Finland, the Netherlands, Switzerland, and Germany. For matters in other European jurisdictions, we instruct from a vetted network of specialists.

12

What types of companies do you work with?

European B2B scale-ups, typically Series B to Series D or €10–100M in revenue, operating across at least two jurisdictions. Most common sectors: SaaS, fintech, industrial technology, marketplaces, and healthtech.

13

What do you not do?

Contentious litigation. Criminal defence. Personal legal matters. Tax advice. High-volume junior work better suited to a paralegal. We refer these elsewhere.

FAQEngagement & transitions
14

How quickly can you start?

Typically two to three weeks from a signed engagement letter. Faster for urgent projects with defined scope.

15

What happens when we're ready to hire a full-time GC?

That is usually the goal. Where an engagement is explicitly scoped as a bridge to a full-time hire, we help write the role, screen candidates, support onboarding, and hand over the function cleanly. Several of our engagements are structured this way from day one.

16

Do you carry professional indemnity insurance?

Yes. We carry professional indemnity cover appropriate to the scale of our engagements. Details available on request.

17

Can you work with our existing law firms?

Yes. Most of our clients have existing external counsel relationships that we then manage. In practice, we often reduce overall external spend by scoping work more tightly and challenging fee arrangements.

18

Can you support a funding round or M&A process?

Yes. Fundraising documentation, diligence management, and M&A support are core to the Embedded GC service. For larger transactions, we instruct specialist transaction counsel and manage the process.


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