03 December 2023 - Business Lawyer

Lawyers can work in a variety of areas including commercial and corporate law. If you are interested in a legal career focused on business practices, you may want to consider becoming a business lawyer. Knowing the role of a business attorney and how to become one can help you decide if this is the right career for you. In this article, we explain what a business lawyer is and why companies may need to hire one. We also explore salary and job prospects, as well as information on how to get hired as a business lawyer.

What is a business lawyer?
A business attorney, also called a corporate lawyer, corporate attorney, or commercial lawyer, is a legal professional who focuses on issues affecting businesses, including taxes, commercial transactions, and intellectual property. These professionals may negotiate settlement terms, write legal documents, or argue their clients' cases in court. Most attorneys in the business world work full-time from an office and may expand their legal services in some cases.

What does a business lawyer do?
Lawyers help organizations or individuals during business-related legal proceedings. They help their clients file lawsuits, prepare legal documents, and oversee trials and hearings. Other duties include settling claims, sending correspondence and taking depositions. These professionals can help businesses in areas such as real estate, business, politics, health care, and criminal justice. Business lawyers can also help businesses and individuals:

Starting a business
Resolution of Contractual Disputes
Write the contract
Navigate through acquisitions and mergers
Resolve complaints and business issues
Property and Real Estate Dispute Resolution
Manage risk and compliance

Sample business lawyer job description
Our private law firm seeks a reliable business lawyer to handle real estate and commercial transaction cases. They will be responsible for maintaining accurate and organized case files and working closely with our dedicated paralegals to meet court requirements for our growing list of valued clients. The successful candidate will be a passionate advocate for clients and will be willing to work overtime as needed. Additional responsibilities include providing both written and oral legal advice related to real estate and corporate transactions. Applicants must meet these requirements:

An active license from the State Bar Association
Six years experience in commercial law
Excellent verbal and non-verbal communication skills
Ability to think critically in fast-paced situations

How to Become a Business Lawyer
To become a lawyer, you must pass the industry exam and meet the minimum educational requirements for the area in which you plan to practice law. Here are the general requirements to become a business lawyer:

1. Get a degree: Law schools accept graduates with a wide range of related degrees, including business, criminal justice, philosophy, English and political science. If you know you want to study business law, enroll in graduate programs that can expand your knowledge in the field, such as finance, accounting, business administration, or international studies courses.

2. Law School Admission Test (LSAT): The LSAT determines your eligibility for admission to law school and assesses your skills rather than your knowledge. You can take the LSAT at the end of your junior year, which gives you time to apply and prepare for law school. You can spend months reviewing study materials and taking practice tests before taking the LSAT.

3. Apply to Law School: In your applications, include your LSAT scores, official transcripts, resume, letters of recommendation, and any other requested information. Gain experience that you can list on your application by completing an internship at a local law firm or courthouse. You can volunteer to work with a team in your community to build interpersonal skills and show your determination to improve people's lives.

4. Get a law degree: Some law schools allow students to focus on business law and may offer joint graduate programs to get both their JD and their master's degree in business. You can also choose to take elective corporate law classes on acquisitions and mergers, settlements, insurance law, drafting etc.

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