Commercial Law Firms

Commercial law firms specialize in corporate issues and commercial transactions. They aid companies in preparing legal agreements for everyday business deals and settle corporate disputes. The cases taken up by commercial law firms fall under the jurisdiction of civil law. The lawyers involved in these firms have practical knowledge of issues relating to competition laws, limitations of liabilities and indemnities. Some commercial law firms have alliances with global law companies and cater to clients all over the world.

Commercial Law Firms: Scope of Work

A reputed commercial law firm will look into concerns, such as:

• Alteration in share capital

• Approval of share transfers

• Purchase of property or any asset above a certain price range

• Debt obligations above a certain amount

• Loans and mortgages

• Matters of inheritance in the occasion of death

• Sale and payment procedure of property price on the death or retirement of the owner

• Sale of shares and the subsequent rights and limitations involved

• Measures taken of overcome corporate deadlocks

Commercial Law Firms: Work Activities

The work activities of commercial law firms depend on the size of the firm, the specialist work arena and the type of clients. However, some typical work that a good law firm would engage in includes:

Client-focused functions – This includes:

• Meeting clients on a regular basis

• Advising them about pertinent laws and their impact on their case/s

• Researching case histories to ascertain the accuracy of procedures

• Gathering relevant information on cases and preparing case materials

• Representing clients in courts, whenever required

Organizational development functions – This involves:

• Negotiating with clients regarding work and contract agreements

• Scrutinizing all contracts prior to signing

• Supervising the implementation of various deals and agreements

• Coordinating work of all parties involved in specific cases

• Training junior team members

• Instructing advocates on ways of representing in courts

• Being up-to-date with changes and developments in law

The above mentioned functions, if performed with sincerity and tenacity, will guarantee professional growth along with institutional progress. Good commercial law firms blend professionalism with personalized attention and a promise of confidentiality. Melbourne-based Rosendorff Lawyers are one of the best commercial law firms in Australia, offering seamless commercial solutions for businesses of all types. For more information, visit www.rosendorff.com.autoday.