We live in a world of legal routines. From our professional occupation to property disposition, we have to undergo certain procedures, obeying the law of the land for effective results and our own benefit. We can see some important roles that law and lawyers play in our lives. In this article we have taken into account, on the one hand, the role of the commercial and corporate lawyer. On the other, we have illustrated some details of the law of wills and successions.
The role of the corporate and commercial lawyer
Professionals in this industry deal with various business transactions, including those related to legal, corporate governance, compliance, and advisory issues to corporate bodies. His field is highly diverse, from drafting business agreements to facilitating mergers and acquisitions. The responsibilities of these attorneys include their expert consultation and representation in a number of cases. We have listed 10 main areas:
• Fusions and acquisitions
• Due diligence
• Transaction of property and assets plus matters related to leases
• Supply, marketing, franchise, distribution, contracting and subcontracting
• Intellectual property, which is related to license agreements, copyrights, protection of industrial and commercial secrets, privacy, publicity, etc.
• Information technology
• Trade Practices Act which addresses consumer protection, fair market practices, product safety and liability, compliance programs and policies
• Registration, joint ventures, rebuilding, partnerships and shareholder agreements
• Drafting and negotiation of contracts
• Resolution of disputes and commercial litigation
The key roles of the corporate and business attorney lie in making negotiations and resolutions, rather than resolving them in court.
The Scope of Wills and Inheritance Law
A will is the written document that sets out a person’s wishes about how their estate should be cared for and distributed after death. It takes effect when the person dies. While an estate is property that individuals own or have a legal interest in, and this includes assets and liabilities they leave after death. You have to file an application with the court to obtain the copy of your family member or relative’s will.
The address in the wills decides the distribution of assets. In intestate property cases there are certain differences depending on the jurisdiction, although it generally follows a hierarchy. The first in line is the spouse of the deceased, if not, the children then follow the descendants, parents, brothers and sisters, nieces and nephews and so on. He can consult a lawyer to obtain more information and apply for benefits.
Conclusion
In short, lawyers can make our lives and business easier with their help in all these matters. Understanding their roles might help us more.
