Broadly they practise commercial law through a wide range of legal services including litigation and helping with legal transactions, designed to support businesses in making money out of their products and services and where necessary protecting them from legal threats to their businesses. Commercial law is also known as business/corporate law, which relates to the rights, relations and conduct of people in their commercial lives and is a branch of civil litigation.
Keeping up to date
Commercial barristers make sure that they keep up to speed with the current business and commercial climate, changes and amendments in legislation, and regulations in all jurisdictions in which they are involved.
English commercial lawyers tend to practise in specialist as well as general commercial fields of law, for example across international borders, some non-English jurisdictions e.g. the British Virgin Islands, telecoms, banking, civil fraud etc. Commercial barristers handle a broad range of corporate deals and standalone transactions. In the modern climate this quite often involves detailed issues of public and regulatory law as well as the general law governing the legal relationships between different individuals and different corporations.
Drafting legal documents
Commercial barristers draft and, when required, negotiate contracts on behalf of their clients. They also create contracts for business operations such as the supply of goods, technology licensing and financial transactions.
Their day-to-day work tends to involve drawing up commercial agreements, as well as standard forms of words such as disclaimers for publicly visible documents e.g. catalogues and websites.
A lot of the transactional work of commercial lawyers is based around protecting clients’ business interests by managing a variety of risks. In practical terms, this can mean interpreting existing laws in order to decide how to protect a client against liability for claims and statements made on social media accounts and website. Technological innovation is a strong theme business and very much an aspect of commercial law.
We, at Cerulean Chambers, have unparalleled experience in providing our services as commercial barristers direct to our corporate and individual clients.
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