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A lawyer addresses the practical concerns of their clients through the application of legal ideas and precedents. They are highly educated and licensed. A corporate lawyer specializes in matters affecting the creation, operation or dissolution of a corporation and often, but not always, has corporations as their clients. more »
Finance lawyers specialize in working in a variety of fields including tax, corporate compliance, marriage and divorce, banking and public arenas. Typically, finance lawyers provide legal guidance around issues such as policy, public and environmental issues and mergers and acquisitions. The lawyers represent corporations, government... more »
A lawyer in any field must pass the bar in the state in which he plans to practice. Before taking this test, however, most individuals will obtain a bachelor's degree in a related field, such as political science, psychology, philosophy, business or economics. Those who want to go to law school must then take the Law School Admission... more »
After the costs of law school, most young lawyers need a big starting salary to stay ahead of their loan payments. The reality, though, is that most entry-level law positions pay much less than many people think. For every high-achiever who lands the six-figure starting salary associate position at a major firm, there are many more... more »
Since paralegals are the "right arms" of the lawyers they assist, they have a high degree of responsibility in their daily jobs. They are more highly trained than secretaries or clerical workers, but they do not have the same duties or licensing requirements as a certified attorney. more »
There's a wealth of information about corporations and corporate law available on the Internet, but much of it can be dense and difficult for a... more »
There's a wealth of information about corporations and corporate law available on the Internet, but much of it can be dense and difficult for a... more »
The demand for corporate lawyers is growing. Every corporation, no matter what its size, will need at least one lawyer to help it comply with the... more »
Finding the right lawyer can be a challenge, as you have to consider cost, reputation and experience. Many lawyers will offer you a free... more »
Whether you are looking to create a corporation or you already own one and need help keeping your business legal, hiring a corporate lawyer is a... more »
Whether you are looking to create a corporation or you already own one and need help keeping your business legal, hiring a corporate lawyer is a... more »
Corporate law (also "company" or "corporations" law) is the law of the most dominant kind of business enterprise in the modern world. Corporate law is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.
Corporate law is a part of a broader companies law (or law of business associations). Other types of business associations can include partnerships (like most law firms), or trusts (like a pension fund) or companies limited by guarantee (like some universities or charities). Corporate law is about big business, which has separate legal personality, with limited liability or unlimited liability for its members or shareholders, who buy and sell their stocks depending on the performance of the board of directors. It deals with the firms that are incorporated or registered under the corporate or company law of a sovereign state or their subnational states. According to the American Professors Hansmann (of Yale University) and Kraakman (of Harvard University), the five defining characteristics of the modern corporation are:Hansmann and Kraakman, The End of History for Corporate Law? (2001) 89 Georgetown Law Journal 439, 443; see also, Anatomy of Corporate Law (2004) Ch.1
*Separate Legal Personality of the corporation (the right to sue and be sued in its own name i.e. the law treats the company as a human being.
*Limited Liability of the shareholders (so that when the company is insolvent, they only owe the money that they subscribed for in shares)
*Transferable Shares (usually on a listed exchange, such as the London Stock Exchange, New York Stock Exchange or Euronext in Paris)
*Delegated Management, in other words, control of the company placed in the hands of a board of directors
*Investor Ownership, which Hansmann and Kraakman take to mean, ownership by shareholders.
The last of these d read more at » http://en.wikipedia.org/wiki/Corporate+law
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