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What are the main work and responsibilities of a Corporate Lawyer?

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RE: What are the main work and responsibilities of a Corporate Lawyer?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh
The corporate department in some firms tend to include commercial law elements as well, ie, activities like drafting and negotiating commercial agreements. On the other hand, some firms may classify commercial activities as a separate department. The best way to look at it is that corporate law is a generic term that encompasses all the business activities of a corporate." However, the key responsibilities of a corporate lawyer include -

  • Due diligence
  • Research and writing memos
  • Contract drafting and review
  • Formation and housekeeping of corporate entities
  • Preparing filings for state and central agencies

RE: What are the main work and responsibilities of a Corporate Lawyer?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

Thework of corporate lawyeris to review all the legal as well as transactional details of the organization. A corporate lawyer is the one who takes the responsibility of solving all the legal issues of the company and makes all the employees aware about the legality of the company they are working for.

The security of the organization depends on thecorporate lawyerwho needs to play the role of an efficient advisor for all legal and business policies. There are a few responsibilities acorporateattorney has to perform and they are as follows:

  • Taking care of all legal policies, issues and risk factors of the organization.
  • Effectively looking on to organizational legal proceedings and securing the company from all risky matters.
  • Certain business transactions as well as negotiations need to be precisely reviewed by corporate attorneys.
  • Forming agreements along with particular corporate negotiations are looked after by corporate attorneys.
  • Examination and verification of all documents related to transactions and review of reports and articles based on the company's profits is the responsibility of the Corporate Attorney.
  • Some corporate attorneys also help in forming legal policies of the company and also suggest changes if required in any of the company's policies.
  • Usually corporate attorneys are the ones who actively participate in major company policies like mergers, acquisitions, purchases and many others.
  • They play the role of advisors as well as councilors to the organizations during IPO launches and any lawsuits.
  • Corporate attorneys also go about with analysis and anticipation of the company' rel="nofollow"s future establishments.

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