Fortune 500 Biotech company needed to retain Sr. Privacy counsel to help build their privacy program from the ground up. After initially hiring outside counsel for this project, the client had to pivot quickly to bring in high-caliber flexible talent who could be embedded, get to know their business, and not just help build a privacy program, but also provide ongoing advice on both US and European privacy compliance matters. The right talent needed to be on the inside to manage the process, support data mapping, talk to internal stakeholders, and be cost-effective.
After carefully listening to the client’s needs and understanding both their short-term and long-term needs with their global privacy program, Paragon produced an exceptional, well-rounded, business-focused privacy leader with over ten years of experience creating, executing, and continuously improving privacy compliance policies, processes, and culture from the ground up. Someone skilled at providing concise and understandable legal advice to multiple departments and a proven relationship builder.
After the initial six months of having the Paragon Privacy Leader assist the client in strategically developing their overall global privacy program, the talent had the ability and versatility to roll up his sleeve and help the client with other parts of their transactional privacy program. Among other things, Paragon Talent helped review and update policies and helped with their GDPR compliance work in the UK. After the initial phase of the project was completed, the client was then able to retain the Paragon resource on an ad hoc basis to maintain the program. The flexibility of transitioning their Paragon engagement from full-time support to an ad hoc basis allowed them to seamlessly maintain their program, hold on to a vital resource that had developed necessary institutional knowledge, and work within their budget.
Despite the education (top 10 law school graduates) and executive-level business and legal in-house experience of the Paragon talent provided, the client secured the altitude of talent needed for only $275 per hour. This is a striking value proposition as the comparable law firm partner rate of $700 to $900 per hour, leading to net savings of approximately $340,000.00. Moreover, because Paragon’s roster of legal professionals is very well-rounded and willing and accustomed to switching gears and diving into the weeds as needed, the client is more able to address a multitude of needs with one resource. Finally, Paragon’s flexible business model allows clients to flex up or down in utilization.
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