Commercial law Jobs

This area provides information about commercial law jobs including qualifications required and specializations.

What is commercial law?

Commercial Law is the largest field of legal practice. Commercial or Corporate Law involves organizing businesses, mostly contracts, liability, or intellectual property. Commercial law regulates commercial operations. Commercial transactions may be either unsecured or secured. They are for commercial units like corporations or partnerships or they may be for consumers when functioning in a commercial situation. Commercial law oversees the formation of these transactions and guides their operations.

What do commercial law lawyers do?

Lawyers provide counsel, write documents and conduct negotiations on legal matters, and may represent clients in court. Commercial law attorneys counsel clients regarding all legal matters. They protect the rights of their clients, whether local, domestic or international in origin or impact. These lawyers are both advocates and advisors. Areas of concern may include patents, contracts, government regulations, property interests, or collective bargaining agreements with unions. Deterring and recognizing white collar crimes within organizations is increasingly part of the corporate lawyer's work.

What qualifications do commercial law lawyers need?

Attention to detail, good negotiating skills and ability to work with diverse people are all essential for commercial law attorneys. Computer fluency is critical. They need the ability to work under pressure. Personal qualities of perseverance, integrity, creativity, and the ability to earn the respect and confidence of clients, associates, and the public are essential.

In general, an attorney needs proficiency in writing and speaking, reading, researching, analyzing, and thinking logically. A strong multidisciplinary program as an undergraduate is recommended: English, foreign languages, economics, history, government, philosophy, mathematics, public speaking and computer science. Good grades and an excellent LSAT score are essential. Formal education includes an undergraduate degree followed by three years of law school and passing a state bar examination.

What areas are included in commercial law courses?

Commercial law or corporate law students may take courses such as these:

  • Contracts and Bargaining
  • Corporate Finance Law
  • Negotiating commercial transaction documents
  • Finance of Real and Personal Property
  • Contracts
  • Entrepreneurship Law
  • Finance of Real and Personal Property
  • Exchange & Liability
  • Anti-trust law
  • Banking law
  • International Securities Regulation
  • White Collar Crime
  • What areas of specialization may commercial law lawyers choose?

    Commercial law has many areas of specialization available as varied as the economics of a global setting. Three primary categories for these specialties are: Secured Transactions, Payment Systems, and Sales. Attorneys may specialize in domestic or international commercial laws or business laws. Banking is a global business and anti-trust laws and contract negotiations are an ever present part of the working world.

    Where do commercial law lawyers work?

    The business or corporate world employs most commercial lawyers. Some are found at universities or private law firms. Some venture into politics. Governments at local, Federal and international levels may all have commercial lawyers on their staffs.

    Salaried lawyers may be employed as house counsel by public utilities, banks, insurance companies, real estate agencies, manufacturing firms, or other business firms and nonprofit organizations.