Corporate lawyer: Difference between revisions
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A '''corporate lawyer''' is a [[lawyer]] who specializes in [[corporations law]].<ref>{{cite book|title=No Contest: Corporate Lawyers and the Perversion of Justice in America|author=Ralph Nader and Wesley J. Smith|isbn=0-375-75258-7}}</ref> |
A '''corporate lawyer''' is a [[lawyer]] who specializes in [[corporations law]].<ref>{{cite book|title=No Contest: Corporate Lawyers and the Perversion of Justice in America|author=Ralph Nader and Wesley J. Smith|isbn=0-375-75258-7}}</ref> |
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As of 2004, there were 67,000 corporate lawyers in the United States, working on average for 50 hours per week, with a mean starting salary of [[United States dollar|USD]]64,000, rising to USD93,700 after 5 years and USD139,000 after 10–15 years.<ref name=Princeton>{{cite book|title=Guide to Your Career|author=Alan B. Bernstein and Princeton Review Publishing Staff|chapter=Corporate Lawyer|date=2004|publisher=[[The Princeton Review]]|isbn=0375763996}}</ref> |
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The role of a corporate lawyer is to ensure the legality of commercial transactions, advising corporations on their legal rights and duties, including the duties and responsibilities of [[corporate officer]]s. In order to do this, they must have knowledge of aspects of [[contract law]], [[tax law]], [[accounting]], [[securities law]], [[bankruptcy]], [[intellectual property rights]], [[licensing]], [[zoning law]]s, and the laws specific to the business of the corporations that they work for.<ref name=Princeton /><ref name=Vault>{{cite book|title=The Vault College Career Bible|author=Vault Editors|chapter=Corporate Law Basics|pages=289–290|date=2007|publisher=Vault Inc.|isbn=1581314191}}</ref> |
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What areas of corporate law a corporate lawyer experiences depend from where the firm that he/she works for is, geographically, and how large it is. A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting [[will (law)|will]]s, [[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. Similarly, different firms may organize their subdivisions in different ways. Not all will include [[mergers and acquisitions]] under the umbrella of a corporate law division, for example.<ref name=Princeton /><ref name=Vault /> |
What areas of corporate law a corporate lawyer experiences depend from where the firm that he/she works for is, geographically, and how large it is. A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting [[will (law)|will]]s, [[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. Similarly, different firms may organize their subdivisions in different ways. Not all will include [[mergers and acquisitions]] under the umbrella of a corporate law division, for example.<ref name=Princeton /><ref name=Vault /> |
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Revision as of 00:19, 9 May 2012
A corporate lawyer is a lawyer who specializes in corporations law.[1]
As of 2004, there were 67,000parties, underdogs, or inequities in the financial means of the participants. Corporate lawyers structure those transactions, draft documents, review agreements, negotiate deals, and attend meetings.[2][3]
What areas of corporate law a corporate lawyer experiences depend from where the firm that he/she works for is, geographically, and how large it is. 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. Similarly, different firms may organize their subdivisions in different ways. Not all will include mergers and acquisitions under the umbrella of a corporate law division, for example.[2][3]
Some corporate lawyers become partners in their firms. Others become in-house counsel for corporations. Others still migrate into other professions such as investment banking and teaching law.[2]
Some publications read by those in the profession include Global Legal Studies, Lawyers Weekly, and the National Law Journal.[2]
References
- ^ Ralph Nader and Wesley J. Smith. No Contest: Corporate Lawyers and the Perversion of Justice in America. ISBN 0-375-75258-7.
- ^ a b c d Cite error: The named reference
Princetonwas invoked but never defined (see the help page). - ^ a b Cite error: The named reference
Vaultwas invoked but never defined (see the help page).
Further reading
- Zahie El Kouri (2003). Vault Guide to Corporate Law Careers. Vault Inc. ISBN 1581312229.