Commercial law, as mentioned above, is any work a law firm will do within the city and will typically involve working on contracts, trusts, finance, banking, tax, etc. You will handle a range of corporate deals as a solicitor, each lasting between 1 and 6 months depending on the nature of the deal itself.
Many candidates believe that the reason why a commercial law firm asks them ‘why commercial law?’ is because the firm in question is trying to see whether the candidate they are interviewing is truly committed to a career in commercial law. Whilst this is not incorrect, it is not the full picture.
In other words, you need to show you have the ambition to pursue a career in law, a genuine passion for a legal career, and the attentiveness to find out why their particular firm interests you. 1. Your Ambition For Commercial Law
If you can impress upon the law firm you are applying to why the application of law in a practical commercial context interests you in particular, then you are well on your way to a successful answer. Even if you have not studied law, reflect on the other half of the career: commerce.
Do some more research and tailor your answer further to that firm.Application form tip #1: research what commercial law means. ... Application form tip #2: use personal, rather than generic, examples. ... Application form tip #3: show your research about the firm's legal practice areas.More items...
10 Key skills & qualities you need to excel in Commercial LawAppropriate knowledge and motivation. ... High ethical standards and an understanding of the role of law. ... Self confidence and good interpersonal skills. ... A variety of sustained interests which reveal a high level of achievement. ... Initiative and responsibility.More items...
How to answer why you wanted to become a lawyerFocus on your strengths and skills. ... Describe a personal experience that inspired you. ... Give examples of your past success and how it motivates you. ... Relate your values and philosophy to the job. ... Discuss how you plan to contribute to the firm.
Some people are attracted to the idea of advocacy, but feel that they can accomplish more with a field of law that focuses on building structures rather than challenging them. At its best, corporate law finances small companies, helps them grow and provide jobs for people.
Commercial lawyers help clients navigate legal relationships in the business world. Their duties include reading and amending contracts, reviewing business mergers, representing clients in court, and more.
Commercial law, as mentioned above, is any work a law firm will do within the city and will typically involve working on contracts, trusts, finance, banking, tax, etc. You will handle a range of corporate deals as a solicitor, each lasting between 1 and 6 months depending on the nature of the deal itself.
1) It offers diverse career options With a multitude of positions and an ever-expanding range of practice areas, law offers you the opportunity to specialise in what you find personally interesting. Family, environmental and criminal law are just a handful of the routes you can go down.
I knew then that I loved being a lawyer. I loved protecting people in a court of law. I loved the feeling of accomplishment I get from helping others fight—win or lose. I get to think through problems every day for people I really like.
1) Since childhood, I loved the profession of a lawyer and want to become the same. 2) From a younger age, I like to fight for the rights of others. 3) I want to be a lawyer because I am a great supporter of truth. 4) By becoming a lawyer I want to aware people of their rights.
Commercial law offers a wide range of opportunities to work on because it reviews the specific areas in which people trade. For instance, commercial lawyers can provide tax advice and sound contract law advice as well. So, there will always be a demand for legal professionals who want to specialise in commercial law.
1:358:50How to answer: Why commercial law? - YouTubeYouTubeStart of suggested clipEnd of suggested clipIf you remember what. You've. If there you go if you tell the truth you don't have to remember.MoreIf you remember what. You've. If there you go if you tell the truth you don't have to remember. Anything. By maybe mark twain that's a really useful piece of advice.
Benefits for LawyersMedical and dental plans.Short- and long-term disability plans.Health care reimbursement account through pre-tax deductions.401(k) retirement savings plan.Domestic partner benefits.Life insurance.Firm-paid business travel accident insurance.Firm-paid accidental death and dismemberment insurance.More items...
Lawyers solve people's problems for them. For example, a client may say that they want to buy a particular business but are unsure what steps they need to take. We help them achieve that goal by working out the best way to buy that business and then help them do it.
Working in the law means that you will deal with people. It is a client-facing industry and you will have to liaise with clients on the telephone, in meetings, via email and at events. This may not appeal to everyone but a good firm will make sure that you are comfortable.
You can answer this question by following the steps below to highlight your strengths and make a great impression on the interviewer: 1. Focus on your strengths and skills. Give examples of your strongest skills that make you successful as a lawyer. For instance, your ability to communicate ...
For instance, your ability to communicate persuasively, your attention to detail and your compassion towards your clients are strengths that you can have as a lawyer that make you successful at doing your job. Your pride in your skills and expertise can show the interviewer how motivated you are to succeed in the career.
The interviewer will likely want to see that your core values and philosophy about practicing law connects with the job responsibilities and their firm's mission and values. Describe the character traits you feel you have developed as a lawyer and how these traits helped shape the values you have today. Then, relate these values to what you know about the company and the clients it serves.
Interviewing for a position as a lawyer means you'll likely encounter several different types of questions that will help the interviewer get to know you, assess your skills and compare your qualifications with what they're looking for.
Lawyers are in a unique position to help individuals, groups, and organizations with their legal problems and to further the public good. Public interest lawyers champion legal causes for the greater good of society and help those in need of legal assistance who might not otherwise be able to afford attorneys.
Work Environments and Perks. The majority of lawyers work in law firms, government, and for corporations. In an age where cubicles have become the mainstay of the modern workplace, lawyers typically work in offices with four walls.
Lawyers in private practice often perform pro bono work to help low-income individuals and underserved portions of the population , such as the elderly, victims of domestic abuse, and children. In fact, many bar associations require that attorneys commit to a certain number of pro bono hours each year.
Working as a lawyer is one of the most intellectually rewarding jobs on the planet. From helping to patent a trade secret, or devising a trial strategy, to forming a multi-million dollar merger, lawyers are problem-solvers, analysts, and innovative thinkers whose intellect is crucial to career success.
The Prestige. A career as a lawyer has been a hallmark of prestige for generations. Impressive degrees and a certain authority over others have placed lawyers in an elite circle of professionals who command respect and embody the definition of success.
Attorneys have stood at the center of society for centuries. They're in a unique position to affect societal change as lawmakers and thought leaders. They write the laws, rule the courts, and hold influential positions in government.
Keep in mind, however, that not all lawyers make big bucks. It can depend on employer size, experience level, and geographic region. Lawyers employed in large law firms, major metropolitan areas, and in-demand specialties generally earn the highest incomes.
Corporate law does slightly differ to commercial law in that corporate law is to do with the dealings of clients' businesses (e.g mergers & acquisitions, restructuring, etc.) whereas commercial law is everything undertaken by a law firm in the city. So ensure your answers reflect that subtle difference in questioning!
You will handle a range of corporate deals as a solicitor, each lasting between 1 and 6 months depending on the nature of the deal itself.
One of the key reasons is because law firms invest a lot of time and money into training individuals. They don't want to pay for your GDL/LPC (which many city law firms do!) or waste hundreds of hours of their partners' time if you're not invested in them for the long term.
The business lawyer plays a very important role at the point where the business and legal worlds intersect, adding value and performing a valuable service for the client.
In short, business law is incredibly financially and intellectually rewarding. You will likely earn a high salary, and you will work with your clients to help them achieve their business goals (some of which can be as newsworthy as Facebook’s).
For example, a business lawyer representing a bank in a lending transaction must draft the necessary documents, such as the loan agreement, promissory note, and security agreement, with an eye toward protecting the bank and ensuring that the borrower is obligated to pay the loan back in the manner requested by the bank.
Business law covers a wide range of legal areas and applies to many different types of business activities. The legal issues that a business lawyer faces may involve corporate law, partnership law, banking law, sales law, securities law, or some combination of the above.
Last but certainly not least, the American Bar Association advises anyone interested in a legal career, regardless of the chosen specialty, to pursue educational, extracurricular, and life experiences that will foster the strengths and abilities needed for success in the legal world.
Being a Lawyer is not only a profession but also helps us to know our potential. Sometimes we don’t even know how much we can do and what are the powers of a commoner. This profession helps us to know our own powers. They also know how to deal with a problem; actually our law has a solution for every problem.
A lawyer should be smart and should have a very good logical power because this helps them to find evidence and also helps them to have a good verbal battle in the court. Believe me or not but people never like to mess-up with a lawyer because they know they themselves can become the victim.
August 18, 2020. by essaybanyan. A lawyer is a person, in which, people deal with judicial actions and help others to get their rights. They can help people from any kind of social problem. There is a law in every country and one should definitely follow it and when someone disobeys or creates problems for others, ...
Do whatever attracts you and this will definitely make you successful one day. When our profession becomes our passion then no one can stop us. Bring that spirit and see the change in yourself. I love to deal with the truth, justice, so I chose this profession. Your reason can be something else to choose yours.
Like knowledge of your property and its successors, etc. Law helps us to deal with many problems. Sometimes many of us don’t even know what we can do in a particular case and we easily forget it. Actually, a person can even fight for his single penny but very few of us know about the right procedure and we leave it.
The First-Ever Lawyer. The description of this post was very first mentioned in the Bible and it was ‘Zenas’ the first-ever known Lawyer. Apart from the Bible, the evidence of lawyers can also be seen in Ancient Greece, where the orators use to do the same job.
Whereas there are some worldwide famous females’ in this profession like ‘Arabella Mansfield’ was the first female lawyer in the United States of America; whereas ‘Cornelia Sorabji’ was the first female who was from India and studied Law at Oxford University.
The assessment day for Allen & Overy's training contract and summer vacation schemes comprises two interviews: one based on a case study, the other a scenario-based interview.
Print a hard copy of your online application and read it through before your interviews. If you have time, you could also skim the Financial Times or business pages of a broadsheet.
You'll be given an allotted time to read through a business case study and pick out points relevant to your 'client', who will be played by your interviewer (quite sympathetically, according to reports).
The second interview will be with a member of HR or a senior associate. You will be asked a series of questions based on scenarios you may encounter as a trainee.
Approach to take: The key to answering this question is to remember 'corporate' is as important as 'law'. It can be a leap after having your head in books for the duration of your studies, but City law firms are in the business of making money.
Approach to take: There's no harm in saying you would be proud to work for a member of the magic circle but be more specific. A good way of standing out from other hopefuls is to state which practice you want to join on qualification.