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Corporate law entails the legal infrastructure that governs the founding, managing, and running of the operations of companies. The law covers the legal aspects of matters like shareholder rights, mergers, acquisitions, restructuring, and reorganisation. Commercial law is the area of law consisting of rules and regulations pertaining to commercial transactions and business deals. It provides legal guidelines for contracts.
The different corporate and commercial law jobs include corporate commercial solicitors, corporate lawyers, commercial lawyers, junior commercial lawyers, commercial contracts lawyers, commercial legal counsels, corporate tax lawyers, commercial paralegals, intellectual property lawyers, and commercial litigation solicitors. The eligibility criteria for corporate law jobs are having a law degree with two-plus years of PQE in handling a varied caseload.
The average per annum income for corporate and commercial lawyers, solicitors, and paralegals varies depending on the kind of position, experience/expertise required for a role, employer, and job responsibilities. Overall, the commercial law vacancies and corporate law positions are well-paid. The lawyers, solicitors, and paralegals working in these practice areas are offered competitive salary packages with benefits.
You can make a lucrative career working in corporate and commercial law if you have the interest and inclination to excel in these fields. Working on diverse legal matters in both these areas of law will strengthen your skill-set and experience which will make the job more financially rewarding along with paving the way for professional progression.
Currently, there are plenty of commercial law vacancies and corporate law jobs in the UK. As long as the companies need legal guidance and support regarding running the business, commercial transactions, and resolving disputes, these roles will be in demand. Improve the chances of landing your dream job by making a profile on Simply Law Jobs!
The corporate and commercial legal jobs include corporate lawyers, corporate solicitors, commercial lawyers, corporate commercial solicitors, junior commercial lawyers, corporate paralegals, commercial legal counsels, corporate tax lawyers, commercial contracts lawyers, commercial litigation solicitors, and intellectual property lawyers. To apply for the commercial lawyer and solicitor jobs, the candidates need to be qualified lawyers/solicitors with 1-3 years of PQE. Commercial awareness and knowledge about the wide range of commercial contracts related to supply, distribution, e-commerce, and franchising are also required. The eligibility criteria for the corporate lawyer and solicitor positions include having knowledge and experience in the areas of corporate law like mergers and acquisitions, shareholder agreements, and corporate transactions.
Corporate commercial solicitors handle the caseload of purchases and sales of businesses, mergers and acquisitions, terms of business, and joint venture agreements. The commercial lawyer job description consists of providing legal advice on non-contentious, commercial, contract, and public procurement matters. Commercial contract lawyers work on the sales contracts and maintain the contract database. Corporate tax lawyers give tailored high-quality advice and commercial solutions to clients regarding tax matters. They also provide guidelines on investments and disposals, property purchases and sales, and corporate restructurings. Commercial paralegals draft, review and negotiate commercial contracts. They deal with claims, complaints, and issues and amend internal precedent documents.
Commercial awareness is important for lawyers, solicitors, and paralegals aspiring to work in corporate and commercial law. Willingness to learn and handle challenges is required for corporate law jobs. Stellar communication skills both verbal and written are required for both these practice areas. Attention to detail, organisation, and problem-solving skills are essential for carrying out the different tasks efficiently. Individuals who are team players with a can-do attitude are likely to fit better in the corporate and commercial law roles. Searching for a job in the UK’s law industry? Get notified about the vacancies matching your qualifications and experience by signing into Simply Law Jobs!