A business law attorney on retainer means you have chosen a trusted and experienced lawyer, paid them a deposit for their services, and can expect them to prioritize you when their services are needed. An in-house lawyer is taken on to your payroll, receives benefits, and is invested in business strategy and growing your business.
While an in-house lawyer can be good for advice on your business model and corporate strategy, they are often not qualified for more specialized situations. A lawyer on retainer will be able to give you expert guidance through litigation, sales, purchases, business transactions, and the formation of businesses.
Another major benefit of a business law attorney on retainer is that they are invested in their client relationships. They will understand the ins and outs of your business and will protect that integrity for you.