What Is A Corporate Lawyer Job Description?

Corporate Lawyer Job Profile

A corporate lawyer is an lawyer whose practice involves keeping a corporate or business client out of trouble. They advise on how to operate business concerns while remaining inside the margins of legality. They also defend clients who find themselves the subject of lawsuits or criminal charges from their business activities.

Corporate law is a very broad practice area which, depending on the type of firm you join, can encompass a huge variety of different types of work. In most law firms, a corporate lawyer will be involved in elements of both advisory work (advising companies or other institutions on aspect of company law, directors duties and corporate governance issues) and transactional work, involving the negotiation of complex and often very high profile corporate transactions.

Corporate lawyers ensure the legality of commercial transactions. They must have a knowledge of statutory law and regulations passed by government agencies to help their clients achieve their goals within the bounds of the law. To structure a business transaction legally, a corporate lawyer may need to research aspects of contract law, tax law, accounting, securities law, bankruptcy, intellectual property rights, licensing, zoning laws, and other regulations relating to a specific area of business. The lawyer must ensure that a transaction does not conflict with local, state, or federal laws. In contrast to the adversarial nature of trial law, corporate law is team-oriented. The corporate counsel for both sides of a transaction are not strict competitors; together they seek a common ground for their clients. They are, in the words of one lawyer, “the handmaidens of the deal.” Facilitating the business process requires insight into the clients needs, selective expertise, flexibility and most of all, a service mentality. Corporate law requires an incisive mind and excellent communication skills, both written and oral. Through the negotiation process, lawyers constantly write and revise the legal documents which will bind the parties to certain terms for the transaction. This process is lengthy and typically corporate lawyers work extremely long hours. As a deal moves towards its closing, it becomes an exercise in stamina as much as skillful negotiation.

Corporate law is non-contentious, so corporate lawyers very rarely spend much time in court. Instead, the type of work you would most commonly be involved with is the drafting and negotiation of documents. Corporate lawyers will advise on all aspects of a deal, from structuring of the transaction and tactics through to documenting and implementing the deal.

Also, corporate law is a dynamic and fast-moving practice area. It is consistently challenging due to the breadth and variety of deals that corporate lawyers are advising on. As a practice area, it particularly suits those with a wider commercial interest beyond the law as such a huge amount of what corporate lawyers do is commercially driven.

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