What qualifications is a corporate lawyer supposed to have?

Answer 1

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 ofcorporate officers. 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 laws, and the laws specific to the business of the corporations that they work for.

Bachelor's degrees and three years of law school are minimum requirements for work as corporate lawyers. All law students take core courses in corporate law, trusts, and tax and insurance law. However, those who want to specialize in corporate law should also take relevant electives, such as creditors' rights, trade regulations, commercial transactions, and trial advocacy.

A corporate lawyer candidate with a university degree for political science, economics, accounting, English or social science has high chances of being accepted into a top law firm. Accompanied with stellar scores, the candidate can reach the top of the heap. Normally, new corporate lawyer candidates begin as law firm associate lawyers. The candidate can be part of a small or grand law firm in the state where the exam was taken and passed. As part of law school, laws on tax, property, constitution, civil, and labor are learned. The knowledge gained is applied on corporate cases assigned to the corporate lawyer to handle.