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What does a commercial lawyer do and why is it essential for companies?

What does a commercial lawyer do and why is it essential for companies?

Definition of Commercial Lawyer

A commercial lawyer is a legal professional who specializes in advising companies on legal issues related to the commercial and business field. Their main function is to ensure compliance with laws and regulations in the business world.

Duties of a Commercial Lawyer

The main functions of a commercial lawyer include:

  • Advice on business creation.
  • Drafting and reviewing commercial contracts.
  • Resolution of legal conflicts between companies.
  • Advice on mergers and acquisitions.
  • Legal representation in judicial proceedings related to trade.

Importance for companies

Having a commercial lawyer is essential for companies for several reasons:

  • Ensure compliance with trade laws and avoid potential legal penalties.
  • Protects the company's interests in business negotiations and transactions.
  • It provides legal security to the company against possible legal conflicts.
  • Provides specialized advice on legal issues specific to the business world.

Conclusion

In short, a commercial lawyer plays a fundamental role in the operation of companies, guaranteeing their legality and protecting their interests in the commercial field. Their specialized advice is key to the success and legal security of any business.

Frequent questions

When should I hire a business lawyer?

It is recommended to hire a business lawyer from the beginning of the business activity, to ensure compliance with all legal obligations from the beginning.

What is the difference between a commercial lawyer and a corporate lawyer?

A commercial lawyer specializes in legal issues related to the business field, while a corporate lawyer may cover other legal aspects of the company, such as labor or tax law.

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