76 Views

corporate lawyer and business lawyer are same ?


Arpan 29th Jun, 2022
Answers (3)
Rehmatunnisa 29th Jun, 2022

Good Afternoon Arpan!!

Hope you are absolutely fine, as per your query there are many similarities and dissimilarities between Corporate Lawyer and Business Lawyer, for the basic understanding corporate lawyer and business lawyer works on the same issue but in different levels, Business Lawyer handles the interaction between businesses , peoples, costumers and employees whereas Corporate lawyer handles rules and regulations.

Business lawyer examine legal issue, shareholders rights, tax issues, work with your CPA to mitigate tax burdens, Copyrights and Trademarks concerns etc. on the other hand Corporate lawyer manages an organisation's operations, practices, authenticity and prepares contracts etc.

Hope you understood the basic differences between Corporate Lawyers and Business Lawyers.

All the best!!!

Nupur Kothari 29th Jun, 2022

Hey aspirant,

Corporate law and business law are not the same , both are lawyers but they deal with different aspects of law. Starting with corporate law they are concerned with the operations , activities And validity of organisations where as business lawyers take care of The complete fundamental legalities Half an organisation. Corporate lawyers help in taking the behind-the-scene legal  formalities where as business lawyers incorporate legal policies and oversee staff manuals. Hope this helps all the Best!


1 Comment
Comments (1)
29th Jun, 2022
what is best a corporate lawyer or business lawyer?
Reply
dhanshree1501 29th Jun, 2022

Hello Aspirant,

I hope you are doing well.

One of the points that helps distinguish between legal counsel and commercial law attorneys is that legal counsel tends to develop guidelines for buying and selling goods. Corporate lawyers are also familiar with the bureaucratic process involved in selling services in the international market. The Companies Act has a great impact on the company. In this case,  many companies were involved in legal issues, mainly  due to violations of the company's mission. Business lawyers, on the other hand,  cover the labor law and tax fields.

The Companies Act consists of identities that belong to the corporate world and how they are managed and formed. Other areas such as employment and transactions are subject to economic law. These two areas impact the business, and the business is severely affected by these factors. These areas  have proven to be important assets for business, regardless of  size. These companies are limited  partnerships, sole proprietorships, and mergers.

commercial and legal counsel also play an important role in start-ups. They deal with the basic legal aspects necessary for establishment. The distinction can be based on the activity performed. Business mainly involves buying and selling  goods and services, and the Companies Act deals with the activities of an organization such as business, activities and implementation of effectiveness.

start-ups need to address new business decisions that may be required depending on how the company adapts. You can also include the content of commercial and corporate law in the discussion of the differences between the two types of lawyers.

Thus, the legal aspects of the sale and distribution of goods and services form the core of the Companies Act, and the acquisition, merger, formation, shareholder rights and their legal considerations of a company belong to the Commercial Code. Companies may require you to include individuals with detailed knowledge of both  laws.

The federal and state governments play different roles in the regulation of commercial law. The purchase of shares is controlled by the federal government. They also constitute additional legislation that the government may require as needed.

I hope this helps.

Good Luck

Related Questions

TAPMI MBA 2025 | Technology M...
Apply
MBA Admission Open in Technology Management and AI & Data Science | NAAC A++ | Institution of Eminence | Assured Scholarships
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Chitkara University MBA Admis...
Apply
NAAC A+ Accredited | 100% CAMPUS RECRUITMENT
Amrita Vishwa Vidyapeetham | ...
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships | Extended Application Deadline: 30th Jan
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books