what does a corporate lawyer do

11 months ago 21
Nature

Corporate lawyers are legal professionals who specialize in corporate law and advise businesses on their legal rights and responsibilities. They work in law firms, particularly large or mid-size firms, where they counsel clients and handle transactions including negotiation, drafting, and review of contracts and other agreements. They also work directly for specific companies. Corporate lawyers ensure the legality of commercial transactions and advise corporations on their legal rights and duties, including the duties and responsibilities of corporate officers. They must have knowledge of aspects of contract law, tax law, accounting, securities law, bankruptcy, intellectual property rights, licensing, zoning laws, and the laws specific to the business of the corporations that they work for. The areas of corporate law a corporate lawyer experiences depend on the geographic location of the lawyers law firm and the number of lawyers in the firm. A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting wills, divorce settlements, and real estate transactions, whereas a corporate lawyer in a large city firm may spend many months devoted to negotiating a single business transaction.