How to Become a Business Attorney: A Complete Guide

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Lawyers may practice in a wide range of areas, including commercial and corporate law. If you want a legal profession that focuses on business operations, you might consider becoming a business attorney. Learning about the functions of a business lawyer and how to become one might help you decide whether this is the appropriate job for you.

 In this post, we will define a business lawyer and discuss why a company would need to employ one. We also look at pay and job outlook data, as well as how to acquire a position as a business lawyer.

What Exactly Is a Business Lawyer?

Business attorney specializes in business law. They may specialize in municipal, national, or international business law. They must be conversant with the legal concerns and needs of the firms with which they operate. They may represent many firms or work for just one. Business attorneys provide legal advice to their clients and may prepare legal contracts or papers that must be submitted in court. If required, they may also represent their client in court. A Juris Doctor degree is essential for business attorneys, as does passing the bar test.

What exactly does a company lawyer do?

Lawyers assist companies or people in business-related legal activities. They assist their clients in filing lawsuits, preparing legal paperwork, and supervising trial proceedings and hearings. Other responsibilities include resolving disputes, delivering mail, and conducting depositions. These experts may assist firms in real estate, entrepreneurship, politics, health care, and criminal justice. Business attorneys may also assist businesses and people in the following ways:

  • Begin your own company.
  • Resolve contract disagreements
  • Contracts must be written.
  • Navigate mergers and acquisitions
  • Resolve commercial claims and difficulties
  • Resolve real estate and property conflicts
  • Control risk and compliance
  • Salary and job prospects

Business attorneys often provide legal services by the hour, with costs varying according to the legal problem, kind of law firm, and area. A corporate lawyer’s annual base pay is $139,825 on average. Chief legal officials are often paid more, whereas fresh law graduates are paid the least. Click on the link given for the most recent salary information from Indeed.

Take business administration courses and network with other industry experts to boost your career. As your legal career progresses, you may be transferred from one law firm to another. Managing attorney, general counsel, deputy chief, supervising attorney, and chief legal officer are examples of upper-level positions for corporate attorneys.

What kind of education and training do I require?

There is no preferred or recommended pre-law degree, according to the BLS; nonetheless, you may wish to pursue a multi-disciplinary program. Accounting, business administration, and finance are just a few examples of applicable degrees.

If you have finished your degree, you must take the Law School Admission Test, or LSAT, before applying to law school. According to the BLS, law school admissions offices will assess you based on aptitude, undergraduate grades, LSAT scores, professional experience, and personal interviews in general. Some legal schools may also consider your university of graduation.

You may be interested to hear that after you’ve submitted your transcripts to the Law School Data Assembly Service, they will send your LSAT scores and other relevant documents to the law schools on your list. This helps to streamline the procedure.

According to the BLS, it typically takes three years to finish your Juris Doctor, or J.D., after enrolling in law school. Consider looking for internships during your last year of law school, or shortly following, to get relevant corporate legal experience. School-based clinics, clerkships, legal journals, and faculty or court-sponsored simulated trials are among other activities that give experience.

You might also consider taking a combined degree program in business administration. According to the BLS, these programs typically need 1-2 more semesters. Other academic disciplines related to business include entertainment and sports law, international investment and commerce, intellectual property, and jurisdiction. You may also look at local and international regulatory changes, as well as domestic and international market studies.

What Are Some Alternative Careers in the Same Field?

Postsecondary instructors, judges, and mediators all have jobs that are comparable to those of business attorneys. A master’s or doctorate degree is required for post secondary instructors. They may educate students in disciplines such as law or business, and they may provide the groundwork for future business lawyers. 

Judges must be knowledgeable with business law and may hear cases involving disputes between people and companies, the government and businesses, workers and the company for which they work, or two competing firms. They base their decisions on laws and legal precedents.