What is a corporate legal specialist? Job description of a corporate legal specialist (employee) and skills required of a legal specialist.
What is corporate law?
Corporate legal (or business legal) is a position with the function of advising and supporting legal advice for businesses. Legal advice is often related to issues such as management, human resource recruitment, welfare regimes, business registration procedures, investment license application, sub-license application, copyright registration… and other legal-related tasks in the business.
Corporate legal consulting is a job that requires high expertise and must be undertaken by specialized personnel to ensure legal accuracy, minimize risks and increase business efficiency.
What is a corporate legal specialist (staff)?
A legal specialist or corporate legal specialist is a person who is professionally trained in law, knowledgeable about the law in certain areas, and responsible for managing legal matters in the enterprise.
In other words, legal staff is the person who supports the processing and completion of documents and procedures related to legal issues, ensuring the smooth operation of the business, avoiding litigation and disputes during the process of cooperation and business investment.
Depending on the field, legal professionals are often called by specific positions such as:
- Legal document specialist;
- Legal recruitment specialist;
- Banking legal expert;
- Real estate legal specialist;
- Environmental legal specialist;
- Investment legal expert…
Usually in small and medium enterprises, the legal position is held by only one person. In large enterprises, the company’s organizational structure will form a legal department or legal department (ie with many legal specialists) to carry out legal-related work.
>> See more: What is a corporate legal department?
Job description of corporate legal specialist
Depending on the business sector and the size of each enterprise, the work of a legal specialist will also be different. Below are some of the main tasks of a legal specialist:
1. Be the legal representative of the company
A legal specialist is the legal representative of the business, representing the business owner in handling the following tasks:
- Participate in negotiating important contracts with business partners;
- Handling disputes between businesses and customers, partners, employees and other parties;
- Participate in litigation as a legal representative authorized by the business owner to protect the legitimate rights and interests of the business and employees;
- Carry out procedures for applying for business licenses, sub-licenses, etc. at competent state agencies;
- Business representatives exchange and resolve work with state agencies when requested such as: Department of Planning and Investment, police agencies, People’s Committees at all levels…
2. Consulting and supporting businesses in law enforcement
➧ Legal advice for businesses:
Legal experts are responsible for providing timely and accurate advice and consultation to the company’s directors and board of directors on legal regulations related to business activities such as:
- Register to establish a business, establish a branch, open a representative office;
- Conditions for business operations in conditional industries;
- Consulting and supporting business owners in building, amending and supplementing company charters;
- Consulting and explaining terms in business contracts, cooperation contracts, etc.;
- Legal advice related to Enterprise Law, Investment Law, joint venture activities, financial management…
➧ Guide and support businesses to properly implement legal regulations:
- Regularly research and update information on newly issued legal documents and regulations related to the business production activities of enterprises through the media and legal organizations of state agencies;
- Update and disseminate information on legal policies to the company’s management and employees so that everyone understands and applies the law to production and business activities, investment projects, financial, credit, commercial, service contracts, etc.
3. Building and managing the internal corporate policy system
- Legal experts must coordinate with managers and business owners to establish internal management regulations and policies, and corporate regulations to ensure that internal policies are fully consistent with legal regulations and protect the company’s interests to the maximum extent possible;
- Guide and supervise employees and departments in the company to implement company policies and regulations, at the same time check the effectiveness of policy implementation and periodically report results to the company’s board of directors.
4. Risk management for business
- Legal experts must conduct research and evaluate legal factors that may affect business operations, consumer markets, etc., thereby making timely forecasts to minimize risks and losses for businesses;
- Propose solutions to prevent and overcome the impact of legal risks;
- Apply appropriate risk management methods, make reports related to legal risks to the company’s management periodically or irregularly.
5. Draft and review the accuracy of contracts and legal documents of the company
- Legal specialist directly drafts legal documents, contracts, and business agreements of the company;
- Check, edit and complete documents, transaction contracts, and legal records of the company, ensuring that these documents are legal and free of legal loopholes or errors that could cause damage to the business.
Skills of corporate legal specialist
Depending on the business sector and the needs of each enterprise, the required skills for the corporate legal position will also be different. However, basically, a corporate legal specialist needs to have the following skills and conditions:
- Bachelor’s degree in law or higher;
- Understand legal knowledge related to the company’s industry and business fields;
- Proficiency in foreign languages (if required by the company);
- Proficient in computer and office software;
- Skills in drafting contracts and specialized legal documents;
- Skills in searching and evaluating documents;
- Communication and negotiation skills;
- Ability to work independently and work effectively in a team.
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You will receive the following benefits when using the legal consulting services of fdiinvietnam.com:
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>> See details: Corporate legal consulting services – personal legal consulting.
fdiinvietnam.com provides online legal advice to individuals and businesses in almost all cases, such as:
➧ Legal consulting services, legal advice for businesses:
- Consulting on resolving commercial contract disputes;
- Civil dispute resolution consultancy;
- Consulting on resolving internal corporate disputes;
- Consulting on dispute resolution with employees.
➨ Legal consulting services, legal advice for individuals:
- Consulting on divorce procedures, child custody disputes, division of divorce property;
- Land dispute consultancy;
- Consulting on inheritance disputes;
- Individual labor dispute consulting.
Contact the hotline below immediately to receive support from fdiinvietnam.com lawyers for advice and answers to legal questions as soon as possible.
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Call us at 0978 578 866 (North) – 033 9962 333 (Central) – 0946 724 666 (South) for support.