A corporate lawyer advises a business owner as to how to comply with the rules and laws related to the business transactions, or a startup could gain help from an experienced corporate lawyer while starting his business. It is always helpful to ensure the assistance of an experienced advocate while drafting the various businesses’ managing documents, reviewing contracts or to help make other strategic decisions.
Role of a Corporate Lawyer-
- The role of a corporate lawyer is to advise his/her clients regarding their rights, responsibilities and duties as provided by the law.
- In case a corporate lawyer is hired by a corporation, the lawyer represents the entity which is the company and not the shareholders, directors or any other person holding an office in the company.
- A company or a corporation is a legal entity which is created under the law, mainly for the purpose of business. A company is treated as an individual or entity or a “person” under the law, which is different from the shareholders or other members of the company.
- The corporate law provides for all the legal issues surrounding a corporation, various legal procedures have been provided by the central as well as the state governments regarding the business transactions in the country, for these reasons it is important to hire an experienced corporate lawyers in Delhi, who could understand the law and could ensure that the dealings of the client are in accordance to the law.
The type of work the Corporate Lawyers do-
Against the general belief, most corporate lawyers mostly deal out of the courts. Most of the work done by a corporate lawyer could be considered as ‘transactional’ in nature. It could be understood that the job of the corporate lawyer is mostly to avoid litigation.
Following are some of the functions of a corporate lawyer-
- Contracts- a corporate lawyer review, drafts as well as negotiates legally-binding agreements on the behalf of the corporation which may involve issues starting from lease agreements to multi-billion dollar acquisitions.
- Mergers & Acquisitions (M&A) - A corporate lawyer conducts due-diligence, negotiations, draftings and overseeing deals which could involve corporations ‘merging’ with another company or ‘acquiring’ another one.
- Corporate Governance- a corporate lawyer helps his client create the framework for how a firm is directed and controlled by drafting articles of incorporation, creating bylaws, advising the corporate directors and the officers about their rights and responsibilities and other policies used to manage the company.
- Venture Capital- a corporate lawyer helps a startup or an existing corporation find capital to build or expand the business, it could involve either private or public financing.
- Securities- a business lawyer advises his client on security law compliance, it involves the complex regulations to prevent fraud, insider training, marketing manipulation, also promotes transparency within the company.
- Taxation- a corporate lawyer helps the clients with the filing of his taxations or keeps the client updated with the new taxation laws. For example, a corporate lawyer, gst lawyers in Delhi, could help you understand the new law in a proper way as well as help you files the taxes.
Conclusion-
A corporate lawyer helps the clients with the various legal technicalities during the course of his business transactions. They help the clients understand the various laws in a better way and helps to ensure that a law is not broken during the business transactions which the owner may not be aware of.
In case you are starting a new business it is advised to contact a corporate law firm in Delhi, which could help you contacting a good corporate lawyer who could assist you during your business dealings.
Lead India offers you a team of experienced corporate lawyers to talk and who have been successfully handling corporate transactions as well as issues related to the corporate law and could help you with the same.
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