How a Corporate Lawyer Aids Corporations
What does a corporate lawyer do and what does it take to become one? These attorneys can adeptly navigate both the legal and business worlds.
There are many different types of attorneys in the United States and they all have different responsibilities. Some defend and prosecute criminals in court,
some perform divorces, and some work for corporations as corporate lawyers.
The basic jobs of a corporate lawyer are making sure that transactions performed in the business are legal, and advising these companies on what their rights and duties are according to the law. The best way for them to do this the right way is to study and know all parts of contract law, tax law, accounting, securities, bankruptcy, property rights, licensing, and zoning laws, which include those which are specific in the business that their employers take part in.
There is less adversity in this particular field of the law as it does not usually involve a trial in court. In a corporate environment, lawyers on both sides work together to make the transaction lawful and are not adversaries. It is like colleagues working together to accomplish a job, and rarely are there parties who feel wronged or unequal. It is the job of the corporate lawyer to make sure that these business transactions, draft documents, and agreements for review are drawn up properly. They will also work with all parties to negotiate deals and will attend all corporate meetings. Sometimes the attorney is also a partner in the company, while others delve into other businesses as well, such as investment banking and teaching.
There are various areas that a corporate lawyer deals with on a daily basis. An attorney for a small company in a smaller town may need to do other types of law such as bankruptcy or divorce as well. But an attorney for a larger business in a larger city may spend several weeks or months on a single case.
To become a corporate lawyer you must first complete a four-year undergraduate degree in pre-law, business, or something related to either of those fields. You will also have to make sure that you are able to speak effectively and are able to read and write so that you can do the research necessary for each case. You will also want to make sure that your university of choice is accredited by the American Bar Association and then do well in your courses and take clinicals so that you can get real life experiences under the supervision of practicing attorneys. Finally you will need to take the Bar exam in the state where you plan to practice, and use your experience gained through your clinicals to get a job at a corporation.
Because both small and large companies need help getting through the all sorts of cases, defending against any lawsuit that may come up, and fulfilling any necessary requirements, the demand for corporate lawyers is getting larger as more laws are being written. This means that jobs in this field will be available long into the future.