Contrary to what Hollywood would have us believe, not all Corporate Lawyers drive Ferrari’s, wear Armani suits, and live in NYC Penthouse apartments. Because corporations exist throughout America and do business in every city, town, or village, lawyers versed in corporate law are needed everywhere. And believe it or not, only some of us drive sports cars.
What is the Purpose of Corporate Law?
The purpose of corporate law is to regulate corporations. Because a corporation is a publicly-held business, the government may rightly govern how it conducts its affairs. Given this, numerous laws have been created to control nearly every aspect of operations in a corporation. This has resulted in a demand for corporate lawyers, attorney’s specially trained to ensure that every department is in compliance with the law, drafting special contracts, and litigating for/defending the company as needed.
Do Corporate Lawyers Go to Court?
Sometimes. As with any legal situation, much can be handled outside of the courtroom. However, there will always be situations requiring the interception of a judicial authority. In these instances, court is where your AARLAw Corporate Lawyer will be found.
What do Corporate Lawyers Do?
The day-to-day activities of most Corporate Lawyers would bore most. Much of the time is spent in drafting contracts, reading over contracts, reviewing department policies, drafting company procedures and policies, ensuring that documents are properly completed prior to filing, and other general administrative functions.
Only on the rare occasion is the Corporate Lawyer allowed out of his cage to experience life in the open courtroom.
Of course, at AARLaw, things are a tad different. We are let out of our cages at least once a week.
What Skills Must a Corporate Lawyer Possess?
Corporate Law requires a versatile range of skills from oral to written. The lawyer handling corporate matters will often draft memos and notices, must have the ability to write for the company heads and the public. Analytical and logical reasoning skills are a must as is time management and a thorough understanding of legal procedures. Finally, the ability to research any subject both from a practical and a legal perspective cannot be understated. In other words, the lawyer who represents a corporation must be all things to all people.
Is a Corporate Lawyer the Same as a Commercial Lawyer?
In effect, yes, though there are a couple of small differences. A Corporate Lawyer deals with matters affecting corporations while a Commercial Lawyer may have dealings with businesses which are not corporations.
Both handle legal matters, draft contracts, and represent their clients, but commercial law typically relates more to transactions while corporate generally relates more to ownership.
Are Corporate Lawyers Bar Certified?
In most cases, Yes. Before a lawyer can represent a client in a legal matter before any state court, he or she must be accepted before the bar. Of course, someone not bar certified may still advise a client and provide certain services such as drafting contracts and wills, but to handle every aspect of law required by a corporation, a lawyer would by necessity be bar certified.
How Can AARLaw Help my Business?
Aside from providing corporate law services to businesses already incorporated or operating another corporate structure, AARLaw can also help your company prosper through restructuring.
Thinking of an LLC? S-Corporation? Non-profit 501(c)(3)?
Need help making sure your existing corporation is fully compliant with the latest regulations?
We can help. Contact AARLaw today.