what makes a good commercial lawyer

• You enjoy working with words. Legal documents tend to be long, complex bodies of text. ...
• You’re interested in the business world. As well as being an expert in law, you’ll need to be a competent businessperson in your own right. ...
• You’re good with people. Commercial lawyers need to be good at forming business relationships. ...

Full Answer

What skills do you need to be a commercial lawyer?

Mar 04, 2011 · It’s why part of being a good commercial lawyer is knowing the industry or industries in which your clients operate like the back of your hand. Clients will come to you because of your expertise and knowledge of their industry and your ability to enable them to reach a successful conclusion to their problem.

What makes a great lawyer?

What Makes a Good Lawyer – Attributes As well as being able to demonstrate the skills set out above, it will greatly help if you are: Organised Resilient Thorough Confident in your own abilities Methodical Sociable Committed Adaptable Hardworking What Makes a Good Lawyer – Demonstrating Your Skills

What should I consider when considering a career in commercial law?

Jun 10, 2019 · A good commercial lawyer needs to be creative and strategic in order to advise their client on how to effectively structure and negotiate a transaction, and to find innovative ways to solve the...

What is it like to be a corporate lawyer?

The primary goal of a commercial lawyer is to protect and assist in the best interests of the business he or she works for. Other Commercial Lawyer Obligations Other than reviewing paperwork for a company and analyzing contracts, these legal representatives often spend a great deal of time researching matters.

What are the three main attributes for a successful commercial lawyer?

Commercial awareness. ... Attention to detail. ... Communication. ... Teamwork. ... Information analysis and research. ... Organisation. ... Creative problem solving. ... Other useful skills.More items...

What qualities does a corporate lawyer need?

Corporate lawyers should have excellent writing, communication, and negotiating skills because these skills are relied upon so heavily in day-to-day corporate law work.May 29, 2020

What makes a lawyer a good lawyer?

Here are the top 5 qualities of a good lawyer: responsiveness, analytical skills, good research skills, speaking skills, and listening skills. and understand it on the spot. When a case is in session, curveballs will likely be thrown and they have to be able to interpret and respond to them appropriately.

How can I become a better commercial lawyer?

Technical: Knowing the law. The most important quality is to know the law well and have conceptual clarity — there is no substitute for this. ... Attitude: Ready to make that extra effort. ... Keenness to learn more and taking up new challenges. ... Attention to detail is indispensable. ... Commercial awareness puts you ahead.Jul 3, 2017

What do commercial lawyers do?

Commercial lawyers help businesses trade and work on a wide range of commercial agreements dealing with the manufacture, sale, supply and distribution of goods and services, as well as identifying and establishing the best routes to market, which could be via an agency, distribution or franchise model.

How do you know if you'd make a good lawyer?

You work well with others. That's right—being a lawyer means working with people! ... You can persuade others. The ability to persuade=the practice of law. ... You are independent and self-disciplined. ... You can endure the grind. ... You don't take things at face value. ... You must be able to network.Sep 9, 2019

How do you know a lawyer is good?

So if you're curious, use these five quick ways to research whether your lawyer is legit:State Bar Profile. Every lawyer who is licensed to practice law in your home state must be listed in your state bar association's directory. ... Google / Search Engines. ... Yelp. ... The Attorney's Own Website. ... Third-Party Rating Groups.Sep 18, 2014

What qualities does a successful lawyer of the future require?

10 Important Lawyer Skills and How to Develop ThemTeamwork. By no means exclusive to law, the ability to work in a team is essential to any job. ... Initiative and Independence. ... Creative Problem Solving. ... Written Communication Skills. ... Verbal Communication Skills. ... Work Under Pressure. ... Commercial Awareness. ... Understanding People.More items...•Mar 22, 2021

What is the most important quality in corporate law?

The most important quality is to know the law well and have conceptual clarity — there is no substitute for this. If one wants to succeed in the world of corporate laws, one needs to be technically sound in particular in contract law, Companies Act and other corporate laws (e.g takeover code and listing rules). 2.

Is corporate law fun?

The world of corporate law is always evolving (and sometimes faster than one expects), which makes it fun. Every now and then, you have new laws, legal structures and products being introduced in the market. One needs to be keen to learn (and at times, unlearn) and take up new challenges.

What is the purpose of a corporate lawyer?

The goal of a corporate lawyer is to help his clients in a number of ways: by creating legal options and by providing guidance in decision-making in a commercial context. Corporate lawyers help corporate, industrial and commercial clients to manage their internal processes, ...

What is commercial law?

Commercial law is a set of legal rules of private law that apply to legal relationships arising from legal acts, deeds and transactions considered by law as trade deeds, as well as legal relationships in which traders are involved. Corporate and commercial lawyers are experts in company and business law.

What is corporate and commercial law?

Corporate and commercial lawyers are experts in company and business law. They understand the minute differences between legal entities and how to use them for different purposes. They also assist companies in various transactions stemming business operations.

Why is it important to hire a commercial lawyer?

It is important to obtain these persons as soon as possible to ensure that many transactions are protected and documentation is valid and legitimate. With the use of one of these individuals, it may be possible to prevent disaster and avoid litigation.

What is a commercial lawyer?

Commercial lawyers are those that deal with commercial and business legal matters. They assist heavily with transactions, documentation and paperwork, but they may also help in other company issues that require motions, actions and issues with the courts. When hiring a commercial lawyer, the person usually owns a business or is a manager of one.

What are the responsibilities of a commercial lawyer?

Duties and Responsibilities of a Commercial Lawyer. Lawyers that have specialized in business law have responsibilities to commercial endeavors. This means that they are obligated to assisting with business transactions and ensuring that deals and arrangements are valid and legal. Many of these duties revolve around contract drafting ...

What is commercial awareness?

Commercial awareness. All law firms are businesses and their work revolves around supporting other businesses in solving commercial issues. This is a non-negotiable and, unfortunately, an area where graduates tend to let themselves down.

What are some examples of extra-curricular activities?

Examples include leadership position in a society, debating/mooting or theatre productions.

A Word of Warning

Unfortunately, despite many commercial solicitors encouraging students at career events to apply to work at competitive firms within their commercial department, there is one fallacy that often shocks students aspiring to become commercial solicitors. It is harder than they were told it was and certainly harder than they assumed.

Why Become a Commercial Solicitor?

For me personally, the focus of this question should be split into two areas:

Are You Commercially Aware?

I believe a core part of deciding whether to become a commercial solicitor or not stems from having commercial interests. This means caring about the insolvency of a business, threats to business and the impact it has on consumers and public protection, all of which will have an impact on legal issues relating to business.

Which Law Modules do You Enjoy Most?

Importantly, your decision to become a commercial solicitor may be determined by the modules you most enjoy, or excel in. Many say that interest in contract and tort law is fundamental when it comes to a career as a commercial solicitor.

Corporate or Commercial Law?

Furthermore, there is a distinction between corporate law and commercial law that many students may overlook. Are you focusing on one and ignoring the other? It is important that you avoid doing so, both areas overlap significantly and knowledge and interest in both may certainly indicate your suitability towards a career as a commercial solicitor.

How to Be Sure

You may want to get a better idea of whether being a commercial solicitor is the right career for you by researching the career further, doing virtual internships, gaining work experience and more.