It`s no secret that there are many more graduates than those who find work as lawyers. Here, working as a legal advisor becomes an interesting opportunity, especially for those who, in addition to law, also love the corporate world. Jurist, a person with a law degree but who has never held the position of legal adviser; Becoming a legal advisor or corporate lawyer is certainly an option for those who are passionate about law but have no interest in traditional legal careers as a lawyer, judge or notary. Or the legal advisor is invited to provide legal support for ordinary and structured financial transactions such as mergers and acquisitions or opinions on industrial property issues (trademarks and patents) or data protection and processing legislation (GDPR). The activity of legal advice should therefore not be confused with that of a lawyer appointed by a company to defend himself in courtrooms: the in-house lawyer is not necessarily qualified as a lawyer to practice forensic medicine. A legal advisor can find employment in the legal and corporate department in large corporations, multinational corporations, banks and financial institutions, public institutions, management or head of legal affairs. However, the importance of this figure does not stop at the technical tasks it can perform. In fact, every company tends to choose solutions with the criterion of economic convenience, and in all decision-making processes, it is therefore important to know the consequences of decisions. The legal adviser or legal advisor, legal specialist or in-house lawyer is a professional legal expert who provides legal advice and advice to companies, institutions and organizations.
In this way, you will gain experience in the administration, processing and management of law firms. -identifies and promotes the legal situations from which the company can benefit or save, evaluates the legal consequences of the company`s management policy, thus contributing to the creation of decision-making and management processes of the same. However, it is also not uncommon for in-house counsel who work on behalf of law firms or consulting firms in the financial, M&A, legal or compliance sector as external legal advisors or as independent freelancers with their own private practice. In addition, he examines, analyzes and studies legal texts and follows regulatory developments, advises management on all decisions concerning legal knowledge and assists them in all legal disputes affecting the company. The main duties and responsibilities of a legal adviser are: senior legal adviser, a person who has even more experience and who deals in particular with technical tasks with specific skills; Legal counsel (also known as legal counsel, legal specialist, or in-house lawyer) is a legal expert who provides legal advice and advice to businesses, corporations, and organizations. The work of the in-house lawyer consists of two main activities: the study and interpretation of laws, standards and codes, and assistance in legal matters. Corporate counsel is therefore essential for a company to be able to make strategic decisions based on the legal consequences of its decisions. The legal counsel must therefore constantly monitor regulatory developments with respect to matters of interest to the company`s business and always be aware of the latest changes. Let`s try to give an example of legal advice in the company: let`s say there is a company that makes shoes, and the state has just passed new legislation on the materials with which it is allowed to make them. This company must necessarily comply with the new legislation in order to continue to market its products in Italy. Perhaps it has so far bought raw materials abroad in emerging markets where these regulations are not being met. Or maybe it`s along the Silk Road, where there`s a different focus on labor rights.
In short, with the introduction of the new legislation, the company in our example must now evaluate suppliers, possibly prepare for the purchase of other materials and train employees to produce with a fabric completely new to them. It is therefore important for companies to be able to rely on legal advisors who can help the company comply with legal requirements, identify and professionally resolve legal issues and provide decision support in sensitive areas that have a major impact on the business (such as contracts, industrial property protection, mergers and acquisitions, etc.).