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Private Sector: Private sector business law practices come in all shapes and sizes. Many business lawyers work as solo practitioners or in small, several-person law firms. In more rural areas, these attorneys are jack-of-all-trades, preparing contracts for local businesses, forming partnerships, corporations or other business entities, filing bankruptcy petitions and resolving disputes for individuals and businesses alike. In larger cities, smaller firms tend to specialize, focusing on particular types of business law like bankruptcy, estate planning and commercial licensing.

The large regional or national firms are typically “full service” shops, handling both transactional and litigation matters for larger, more sophisticated clients. Within these firms it is not unusual for the business law group to be divided into a number of specialty departments handling a variety of business law issues, from simple business formations and real [...]

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Private Sector: Private sector business law practices come in all shapes and sizes. Many business lawyers work as solo practitioners or in small, several-person law firms. In more rural areas, these attorneys are jack-of-all-trades, preparing contracts for local businesses, forming partnerships, corporations or other business entities, filing bankruptcy petitions and resolving disputes for individuals and businesses alike. In larger cities, smaller firms tend to specialize, focusing on particular types of business law like bankruptcy, estate planning and commercial licensing.

The large regional or national firms are typically “full service” shops, handling both transactional and litigation matters for larger, more sophisticated clients. Within these firms it is not unusual for the business law group to be divided into a number of specialty departments handling a variety of business law issues, from simple business formations and real estate matters and contract negotiation and drafting to complex mergers and acquisitions transactions and employee benefits issues for large public companies.

Larger companies in almost all industries may also hire business lawyers to work in their legal departments “in house.” These attorneys often handle the smaller business matters and advise management on corporate compliance and commercial issues. Most in-house lawyers are on the transactional side. It’s typically only the larger companies that find a need for in-house litigators and those positions are usually only available after years of litigation experience.

Government: Federal and state governments are also big employers of business lawyers. The Department of Justice, the Federal Trade Commission, the Internal Revenue Service and the Securities and Exchange Commission are a few of the most obvious examples, but just about every federal agency has legal advisors. The same is true for most state agencies, with lawyers either within those agencies themselves or part of a particular division within the state’s attorney general offices.

 
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