Commercial lawyers are expected to identify, anticipate and solve problems and disputes, mitigate risk and explain substantive, complex information to clients in a concise, easily digestible manner. On a day-to-day basis, this may involve providing legal or commercial advice, contributing to meetings and conference calls, researching, drafting and proof-reading documents, negotiating with other parties, devising ways in which to mitigate risk, structuring deals, managing transactions and conducting due diligence.
Key Practice Areas
Candidates are usually required to know the key practice areas and the work that each practice area typically undertakes. The way in which firms organise and label their practice areas varies and some firms have practice areas that others do not. This is a basic guide to some of the primary functions of the most fundamental practice areas.
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