General Counsel is the attorney for the company and you can utilize the attorney as needed to
Question:
General Counsel is the attorney for the company and you can utilize the attorney as needed to address legal related issues that impact the company business situation and your decisions you may want to implement. The General Counsel is salaried and makes $175,000 per year and this comes to 1500 hours of his time as an employee or $116.66 per hour.He also gets a 401k, bonus and health care which equals another cost of 30 percent of his base salary or a total for these additional benefits of $52,500.So he makes a total of $227,500 or cost the company as an expense for his employment $227,500.He is weak on the employment law and has created some issues that need your action plan.
You also have been approached by another lawyer outside of the company who has expertise in handling employment law and litigation if you need some additional resources. Her hourly rate is $500 per hour for her services. must use proper citation and references.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill