As their name suggests, general lawyers can handle various legal tasks, such as filing business documentation, developing internal business policies, and drafting agreements or contracts.
Thus, if you’ve just got into the business, this type of attorney is a good start, given that they can help you on various legal matters. But before hiring them, make sure your company can be covered in different scenarios that could affect your liability. If not, move on to hiring a more specialised attorney.
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Business lawyers have multiple functions in corporations. They represent their companies as corporate attorneys in civil and criminal litigation, represent the company in bankruptcy matters and handle other legal tasks to look out for the best interest of the company. Specifically, business lawyers can be involved in transactional, company litigation and regulatory law.
Studying Business Law in Law School
Consider engaging the services of a
business lawyer
when you need legal representation or advice in these situations:
employment disputes, such as claims involving discrimination or wages
tax disputes, such as irs audits
federal or state investigations
establishment of a new business
development of intellectual property that requires patent, trademark, or copyright
involvement in mediation or litigation
while a commercial lawyer vs. Corporate lawyer offer different services, they do share some similarities. For example, either may work as in-house counsel, depending on your company’s needs, and both may seek certification from the association of corporate counsel. Attorneys also follow a similar career pathway for both practice areas.
The aba journal asked for responses to the question, “why i love being a lawyer. ” the responses varied ranging from helping others to being self-employed and earning a substantial income. The american bar association posed a similar question in its woman advocate litigation section. The answers to the question, “what have you found most rewarding being a lawyer?” are also just as varied as those in the aba journal. For each attorney, the answer to these questions will depend more on the person than on the chosen career. If you are passionate about your career, you are likely to be more satisfied and happy.