Key Practice Areas of Lawyer
As they deal with laws and regulations governing many relationships in society, lawyers can count on a number of career possibilities. Get to know areas of expertise and where to specialize for each one.
Training in Law offers several career possibilities. This is because, as they deal with laws and regulations governing many of the relationships of life in society, a lawyer has many options for acting.
Even if there is no lack of possibilities, good training is a common point among those who do well in their careers. For those with a defined plan, specialization studies are interesting steps to leverage in the profession.
One option that “runs away” from the industry is the work in strategic consulting. Not only is it a possible fit, but it can be successful since many of the skills developed during law training are used for consulting work.
In Law, a lawyer learns to identify the problem and structure the hypotheses of the solution, anticipating a possible counter-argument from several sources. This is one of the most commonly used skills for consultants, who are faced with problems from different industries and need to quickly map out hypotheses and test a solution.
Other characteristics in common among professionals in both areas: good written and verbal communication and customer relationship skills. In both sectors, it is important to understand the position of the client and seek the most appropriate solution for each case.
In contrast, the consultant says that it does not use some of the specific knowledge that it acquired in its graduation. A scenario that may be different today, as colleges are flexing their way to focus on their interests.
While personality, preferences, and experiences are good windows of the most explored skills in training, it is up to the candidates to evaluate and develop the others, which are less developed.
For this branch, it is not enough to have legal knowledge, it is also necessary to think about the client’s business. It’s not just about the technical and legal issue, but about being able to look at solutions in a larger way. In fact, anyone who is dedicated to this segment needs to keep in mind that it is dealing with business and commercial relationships, whether smaller or larger.
Business and Corporate Law studies and disciplines business activities – the various situations that business relationships can involve. Issues related to society itself – conflicts and participation issues – and to shareholders.
Within Corporate Law, the mergers and acquisitions segment reports on two types of operations (which give its name). The first one, of mergers, describes the process in which two commercial institutions come together. Already the acquisitions deal with the purchase of a business by another company. Inside this umbrella, transactions of various sectors can be found.
For a lawyer working in this area, one of the main responsibilities is to explain, on both sides of the contract, the limitations of the legal system in which documents and transactions are made.
With such a large amount of foreigners, market practice is embodied, it follows the pattern from the outside. In the end, we do a tropical version, an imitation of what is done in the United States
The range that defines what we call Public Law is broad. By definition, this field of knowledge encompasses the relations between individuals and the state. In addition, it also deals with the structures of the State, its obligations and functions. Law is at the base of the organization of all aspects of social life. The way the state acts or how the economy works is defined by it.
Innovative ideas for the segment, whether in the Constitutional or the Administrative field, are included in the topics studied. One of the fields available to those specializing in Public Law: work in government agencies, in the public sector, etc.
The soul is the vision that defines priorities, directs action. Normally, the President of the Republic and his ministers are the ones who animate this vision. The body is the set of public policies managed by dozens of leaders.
Among the areas of practice for a lawyer, there is also International Law, which is divided into two paths. The first one has to do with the private, business bias. The second path leads to the public sector. In this distinction, what weighs is the nature of the parties involved – whether they involve states and supranational organizations, or private entities.
Since then, it is the responsibility of this regular branch to regulate the obligations of sovereign States, to mediate relations between nations, as well as with international organizations. A lawyer elaborates treaties, conventions, and agreements, mediating relations between countries and dealing with obligations between them. This is one of the areas where international expertise can come in handy – especially by increasing knowledge of systems and practices around the world.
If there is a subject that everybody knows in Law, although very little, are the taxes. Or, better, the taxes – the central theme of Tax Law. In addition to activities that are closer to the day-to-day life of a “physical person” – such as Income Tax – this branch of Law has a lot to do with business processes as well.
A subdivision of the Financial Law and branch of Public Law, the Tax Law deals with – and supervises – the laws that regulate the collection of taxes. Among the responsibilities of lawyers working in this area is how citizens will be charged. Its complement is the Fiscal (or Budget) Law, which regulates the financing of State activities. Contrary to what it seems, besides the Government, a lawyer in this field can also work in private companies.