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Commercial Law - Coggle Diagram
Commercial Law
Potenteal work
Negotianting, drafting, executing agreements
Advising on legal compliance
А commercial lawyer deals with commercial matters
Things related to commerce
The buyng and selling of goods and services
Non-contentioous work of a commercial lawer
Receive insructions from a client to
Advise on compliance
Review a contract
Draft a contract
Potential tasks
Meeting with parties
Researching legislation
What skills does a commercial lawyer need?
Skills
Negotation
Commercial awareness
Drafting
Communication
Advocacy
People skills
Commercial awwareness
How businesses function in the real world
Commercially relevant solutions for clients
Legislation in applicable jurisdictions
Communication skills
Translate complex legal matters into the language of business
Communicate in a clear, concise and understandable manner
People skills
Understand how different culture operate in business
Be flexible to adapt working style
Develop relationships with a wide range of people
Contentious work of a commercial lawyer
Contentious work
Find precedents
Prepare court documents
Research legislation
Liaise with client
Understand the facts
Represent in court
Try to reach a settlement through alternative dispute resolution
Mediation
Arbitration
Negotiation
Other areas of law
Tort
Shipping
Contract
International trade
Tax
Consumer protection
Employment
Human rights
Enviromental
Competition
Criminal
A commercial lawyer could refer to
A barrister
An attorney
A solicitor
Pros and cons of the job
Pros
Varied and challenging work
Work with different legal teams and clients
Cons
Highly demanding
Highly pressured