Real-World Examples of Product Counsel at Work: Medical Devices Company Streamlines Legal Functions
A fast‑growing medical devices company had a lean legal team struggling across multiple fronts: clinical trials work was bottlenecked, commercial contracts (including procurement, data processing agreements, and IT agreements) were overwhelming their existing workflow, and the privacy team needed deeper expertise to ensure compliance with U.S. and EU privacy laws.
Paragon deployed a multi‑step, embedded support model:
- Contract manager/attorney. Brought in to fix inefficiencies in contract lifecycle management (CLM), integrate legacy templates, and negotiate new agreements.
- Experienced product/regulatory attorney. Embedded to assist on product commercialization, R&D, licensing, and marketing compliance issues.
- Privacy specialist. Integrated with the team to flag privacy risks and advise on EU and U.S. data protection matters.
Paragon deliberately phased in the team, first addressing structural bottlenecks (CLM) and then layering in subject matter expertise.
The outcome of Paragon’s work resulted in:
- The client realized over $2.3 million in net legal cost savings compared to hiring an external law firm team
- Internal legal bandwidth was freed up, helping the in‑house team focus on strategic priorities
- The client benefited from a flexible, high‑caliber talent model rather than rigid hires
Our product counsel has supported tech companies during high-stakes product launches involving user privacy compliance, helped startups structure commercial contracts for new offerings, and advised on intellectual property challenges tied to rebranding and product redesigns.