<p>Can somebody please explain me the following:
1.What do corporate lawyers do exactly?
2.Do they have to attend courts?Or they have paralegals for that job
3.Once a person became a corporate lawyer but has a finance/business background,can that person later in life start his own business or go into business being a lawyer?</p>
<p>Corporate</a> lawyer - Wikipedia, the free encyclopedia</p>
<p>Anyone can do anything they want. It's America!! haha</p>
<p>yes i know its America but do corporate lawyers get the right education at law school to run a business?Comparing corporate lawyer to an MBA is there a really big difference between them?</p>
<p>I have a lot of respect for Wikipedia, and consult it often. The article linked above, though, is of poor quality.</p>
<p>"What areas of corporate law a corporate lawyer experiences depend from where the firm that he/she works for is, geographically, and how large it is. A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting wills, divorce settlements, and real estate transactions, whereas a corporate lawyer in a large city firm may spend many months devoted to negotiating a single business transaction."</p>
<p>This is patent nonsense, I'm afraid. Wills and divorce have nothing to do with corporate law.</p>
<p>The term "corporate lawyer" is vague. Some use it to refer to in-house attorneys. When I use the term, I'm referring to those attorneys, either in-house or in firms, who specialize in securities law and other issues relating to corporate governance.</p>
<p>Greybeard is right that the term "corporate lawyer" is vague, but I'd include among "corporate lawyers" not only securities lawyers, but also those who do mergers and acquisitions, franchising, corporate structuring, executive employment, commercial transactions, and even just basic contract work. Many "corporate lawyers," as I use the term, do bits of all of those things as well as some at least basic tax planning work.</p>
<p>To answer OP's questions though, usually "corporate lawyers" have office practices and rarely do litigation. They never send their paralegals to court as paralegals in most states are not authorized to practice or plead in court. Most firms large enough to have much of a corporate practice will have a litigation department. Large litigation departments will likely have attorneys who specialize in business litigation (as opposed to real estate litigation, probate litigation, insurance litigation, employment litigation, etc.).</p>
<p>Being a "corporate lawyer" should not impair one as an entrepreneur, although I fail to see how competence in blue sky laws, for example, remotely prepares one to own or manage a law practice, much less a non-law-related business.</p>