What Is A Corporate Lawyer
The main function of a corporate lawyer is to deal with anything about business and whatever laws that may entail having a business. Business owner will decide what will his or her corporate lawyer will be for his company. He can stand as an advisor and become the representative in behalf of the owner during hearings and other important matters that require his legal expertise. They may also draft contracts and any aspects regarding labor and its manpower. They also deal with the financial reporting and any required documents to make sure the corporation comply with the law.
Basically this type of lawyers are the ones giving legal advise to any business owners no matter how big the industry is. Although corporate lawyers are getting more than their counterpart lawyers, their responsibilities is not far when it comes to the level of responsibilities and hard work.
Although these lawyers are mostly in-house counsel for big corporation they also provide services privately and can practice other legal assistance as well.
How Much Does A Corporate Lawyer Cost
The salary for this type of job will depend on how wide the range of the expertise of the lawyer and to how much can the company pays. Small to medium size of firm ranges from $1,000 to $2,000 as to the bigger firms it’s about twice as that of what the latter give.
But even if the prices differ, the level of services are all the same just make sure to choose a lawyer that has enough experience in court hearing to private services not only regarding corporate matters but also with other legal activities.
Characteristics Of A Good Corporate Lawyer
In securing your business you should also make sure that you are choosing the right person for the job when it comes to all legal aspects. A lawyer not only should be able to advise you legal matters but also should be able to help you draft contracts, financial reporting, tax law and other specifics regarding handling businesses especially if you’re handling manpower as well.
Your corporate lawyer should have the knowledge on the nature of your company, contracts, handling people, bankruptcy, licensing, intellectual property rights, accounting, tax and salaries and anything to do with labor laws. Your lawyer should also be able to advise you properly on how to do about facing complaints and claims from employees.
All lawyers have an oath to take care of their clients with great confidence and confidentiality whether they practice privately or being hired by big companies to counsel them on the legal aspects of their business.