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Legal department investigation - Coggle Diagram
Legal department investigation
Legal Department Overview
Handles legal issues within a business, from drafting documents to managing lawsuits.
Ensures compliance with laws and regulations.
Provides legal advice to executives and employees.
Strategic Importance
Protects company reputation
Helps avoid financial and legal penalties
Supports executive decision-making
Improves efficiency through digital tools (e.g., contract automation)
Legal Team Structures
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In-House Legal Departments
• Dedicated legal team within the company.
• Can range from a few employees to hundreds.
Divisions or Sub-Departments
• Legal team operates under another department (e.g., HR, Sales).
• Common in medium and small businesses.
Third-Party Legal Firms
• External law firms hired for legal support.
• Suitable for small businesses with limited legal needs.
Legal Team Members
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Essential: At least one licensed lawyer.
• Other roles:
• Secretaries & Administrative Assistants
• Paralegals
• File Clerks
• Contract Administrators
• Corporate Counsel
• Chief Legal Officer
• Transcriptionist
Legal Specializations
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Corporate Law
• Finance Law
• Employment & Labor Law
• Environmental Law
• Intellectual Property Law
• Contract Law
• Consumer Goods & Services Law
• Tax Law