{"id":40163,"date":"2020-12-21T15:37:23","date_gmt":"2020-12-21T07:37:23","guid":{"rendered":"https:\/\/web.zegal.com\/?p=40163"},"modified":"2024-01-04T14:25:44","modified_gmt":"2024-01-04T06:25:44","slug":"corporate-lawyers-role","status":"publish","type":"post","link":"https:\/\/web.zegal.com\/en-nz\/blog\/post\/corporate-lawyers-role\/","title":{"rendered":"What does a corporate lawyer do and why are they important?"},"content":{"rendered":"<div class=\"et_post_meta_wrapper\"><img loading=\"lazy\" decoding=\"async\" class=\"lazyloaded\" src=\"https:\/\/www.tembusulaw.com\/wp-content\/uploads\/corporate-lawyers.png\" alt=\"corporate lawyers\" width=\"1080\" height=\"675\" data-ll-status=\"loaded\" \/><\/div>\n<div class=\"entry-content\">\n<p>Unsurprisingly, it\u2019s easy to get confused between the different types of lawyers and what exactly they do. If you\u2019ve heard the term corporate lawyer thrown around, there\u2019s a decent chance you don\u2019t have a clear idea of the role they play in the legal industry and broader society.<\/p>\n<p>Many of us are introduced to the law in our younger years, watching the likes of Gregory Peck, Tom Cruise and Julia Roberts glide across our television screens as they brandish the shocking piece of evidence that turns the case on its head. The slick suits, the dramatic twists \u2013 while the legal industry certainly sees its fair share of excitement, the reality is that it\u2019s an extremely broad field covering a wide range of purposes and disciplines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_law_in_a_nutshell\"><\/span><strong>Corporate law in a nutshell<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Corporate law is a body of law that sets out the rules and regulations governing how businesses, companies and organisations operate. Important areas of this law include:<\/p>\n<ul>\n<li>Mergers and acquisitions<\/li>\n<li>Franchise, distribution &amp; Licenses<\/li>\n<li>Non-disclosure agreements<\/li>\n<li>Employment agreements<\/li>\n<li>Trade secrets<\/li>\n<li>Seed investment<\/li>\n<li>Ownership structure<\/li>\n<li>Shareholder rights<\/li>\n<li>Company formation<\/li>\n<li>Partnerships<\/li>\n<li>Corporate financing<\/li>\n<li>Insolvency<\/li>\n<\/ul>\n<p>A typical corporate lawyer in Singapore may work in a law firm or as part of a company\u2019s internal legal team, with a role focused on restructuring corporate entities, acting on mergers and ensuring any business activities comply with corporate laws and regulations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_vs_commercial_law_Whats_the_difference\"><\/span><strong>Corporate vs commercial law: What\u2019s the difference?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5426 lazyloaded\" src=\"https:\/\/www.tembusulaw.com\/wp-content\/uploads\/Lawyer-writing.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/www.tembusulaw.com\/wp-content\/uploads\/Lawyer-writing.png 409w, https:\/\/www.tembusulaw.com\/wp-content\/uploads\/Lawyer-writing-300x152.png 300w\" alt=\"Lawyer writing\" width=\"700\" height=\"354\" data-ll-status=\"loaded\" \/>\u00a0<\/strong><\/p>\n<p>Corporate law is often confused or conflated with commercial law which, while closely related, is a broader term covering the commercial activities of businesses including property, contracts, labour, intellectual property and other aspects of the sale and distribution of goods and services.<\/p>\n<p>Both corporate and commercial lawyers are integral to the success of companies and businesses, particularly those with complex organisational structures and national or international dealings. Singapore\u2019s status as a global business hub makes both professions extremely relevant to the function and growth of the economy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_a_corporate_lawyer_adds_value_to_a_business\"><\/span><strong>How a corporate lawyer adds value to a business<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>From a tiny startup to a trillion-dollar multinational conglomerate, organisations are bound by an exhaustive list of rules and regulations dictating what they can and can\u2019t do. Corporate lawyers are specialists in helping companies navigate these laws as they launch, grow, diversify and even shut down, ensuring their interests are protected without landing in any hot water. In other words, corporate lawyers help owners and managers make beneficial business decisions, secure favourable contracts and avoid expensive legal pitfalls.<\/p>\n<p>Let\u2019s take a <a href=\"https:\/\/nolabels.in\/\">clothing brand<\/a> as an example. The owners have seen the company grow exponentially, so they engage a corporate lawyer to help them optimise their organisational structure, facilitate a merger with a rival brand and secure financing to purchase and refit a new factory. On the other hand, a commercial lawyer may be hired to assist with the terms and conditions of a product purchase or to help defend the company in court if it is accused of breaching regulations over the materials it uses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Qualities_of_the_ideal_corporate_lawyer\"><\/span><strong>Qualities of the ideal corporate lawyer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5427 lazyloaded\" src=\"https:\/\/www.tembusulaw.com\/wp-content\/uploads\/corporate-lawyer-writing.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/www.tembusulaw.com\/wp-content\/uploads\/corporate-lawyer-writing.png 369w, https:\/\/www.tembusulaw.com\/wp-content\/uploads\/corporate-lawyer-writing-300x200.png 300w\" alt=\"corporate lawyer writing\" width=\"700\" height=\"467\" data-ll-status=\"loaded\" \/><\/p>\n<p>The role of a corporate lawyer is diverse and can reach great heights based on the size of the organisation, which makes it a popular pathway for some of the brightest aspiring legal practitioners. It\u2019s also less adversarial by nature than that of a criminal lawyer, given the role is usually more focused on facilitating than arguing against an opponent.<\/p>\n<p>Any legal practitioner should have the appropriate license and academic qualifications, but the true hallmarks of a great corporate lawyer are sharp problem-solving skills and excellent analytical abilities. Given they often work with the owners, managers or executives of a business, they need to be able to consistently interpret data and advise of potential solutions.<\/p>\n<p>Tembusu Law has extensive experience in\u00a0<a href=\"https:\/\/www.tembusulaw.com\/expertise\/corporate-and-commercial\/\">corporate law<\/a>\u00a0across a variety of industries, advising countless clients from homegrown startups to established multinational corporations.\u00a0<a href=\"https:\/\/www.tembusulaw.com\/contact-us\/\">Get in touch<\/a>\u00a0to find out how we can help<\/p>\n<p style=\"text-align: center;\"><b><i>This article does not constitute legal advice.<\/i><\/b><\/p>\n<p style=\"text-align: center;\"><i>The opinions expressed in the column above represent the author\u2019s own.<\/i><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/register.web.zegal.com\/\"><b>Start managing your legal needs with Zegal today<\/b><\/a><\/p>\n<p><a href=\"https:\/\/web.zegal.com\/blog\/post\/legal-grounds-for-divorce-in-singapore\/\">READ MORE: What are the legal grounds for divorce in Singapore?\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/web.zegal.com\/blog\/post\/e-sign-laws-singapore\/\">FURTHER READING: E-sign laws Singapore<\/a><\/p>\n<p><b>Article syndicated with permission from https:\/\/www.tembusulaw.com\/news\/what-do-corporate-lawyers-do-and-why-are-they-important\/<\/b><\/p>\n<p>Tembusu Law is a modern-day law firm in Singapore founded on a commitment to help people and driven by a calling to serve a higher purpose \u2013 to bring greater access to help, answers, fairness, and justice through sound legal advice.<\/p>\n<p>They use technology-enabled productivity tools that allow us to operate quickly and efficiently, develop innovative ways to deliver legal solutions and advice more productively, and add real value for their clients in Singapore.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Unsurprisingly, it\u2019s easy to get confused between the different types of lawyers and what exactly they do. If you\u2019ve heard the term corporate lawyer thrown around, there\u2019s a decent chance you don\u2019t have a clear idea of the role they play in the legal industry and broader society. Many of us are introduced to the [&hellip;]<\/p>\n","protected":false},"author":126,"featured_media":40164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":3,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278,133],"tags":[7043],"usecases":[],"businesstypes":[],"country":[],"class_list":["post-40163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","category-startup","tag-legal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What does a corporate lawyer do and why are they important? | Zegal New Zealand<\/title>\n<meta name=\"description\" content=\"If you\u2019ve heard the term corporate lawyer, there\u2019s still a decent chance you don\u2019t have a clear idea of the role they play in legal industry\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/web.zegal.com\/en-nz\/wp-json\/wp\/v2\/posts\/40163\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What does a corporate lawyer do and why are they important?\" \/>\n<meta property=\"og:description\" content=\"If you\u2019ve heard the term corporate lawyer, there\u2019s still a decent chance you don\u2019t have a clear idea of the role they play in legal industry\" \/>\n<meta property=\"og:url\" content=\"https:\/\/web.zegal.com\/en-nz\/blog\/post\/corporate-lawyers-role\/\" \/>\n<meta property=\"og:site_name\" content=\"Zegal New Zealand\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/getzegal\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-21T07:37:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-04T06:25:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/web.zegal.com\/wp-content\/uploads\/2020\/12\/corporate-lawyers.png\" \/>\n\t<meta property=\"og:image:width\" content=\"435\" \/>\n\t<meta property=\"og:image:height\" content=\"290\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tembusu Law\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@getzegal\" \/>\n<meta name=\"twitter:site\" content=\"@getzegal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tembusu Law\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/\"},\"author\":{\"name\":\"Tembusu Law\",\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/#\\\/schema\\\/person\\\/d2cc4c13237a03673f05fc50b8db838d\"},\"headline\":\"What does a corporate lawyer do and why are they important?\",\"datePublished\":\"2020-12-21T07:37:23+00:00\",\"dateModified\":\"2024-01-04T06:25:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/\"},\"wordCount\":796,\"publisher\":{\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/web.zegal.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/corporate-lawyers.png\",\"keywords\":[\"legal\"],\"articleSection\":[\"Business Management\",\"Startup\"],\"inLanguage\":\"en-NZ\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/\",\"url\":\"https:\\\/\\\/web.zegal.com\\\/en-nz\\\/blog\\\/post\\\/corporate-lawyers-role\\\/\",\"name\":\"What does a corporate lawyer do and why are they important? 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