Corporate law department

How Do You Decide?

Which structure makes the most sense for your department is always in flux; there is no “one time and forever” decision. Smart general counsel review structure yearly and in consultation with senior management.
Factors to consider include:.
1) Nature of the business.
2) Size of the department.
3) Location of the attorneys.
4) Budget.
5) Skills of the ex.

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Type of Structure

There are three types of structures:.
1) Functional (central legal team divided-up by functional area).
2) Client Focused (attorneys embedded into different parts of the business based on line of business or geography).
3) Hybrid (a combination of the first two) There are pros and cons to each, ranging from efficiency, consistency of advice, and cost,.

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What does the Legal Department of a business do?

Legal department represents and defends the company interests and its employees in courts and government bodies.
The department initiates litigation in case of court examinations, and the legal staff members are responsible for creating and enforcing ordinances and gathering existing claims in favor of the company.

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What is a corporate legal department?

Legal.
The Corporate Legal Department (internal) oversees a firm's litigation and compliance with internal and external regulations and laws.
In some cases, an internal Corporate Legal Group may also handle intellectual property issues (trademarks, copyrights, patents), risk management and/or corporate governance.

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What is corporate legal?

The term refers to the legal practice of law relating to corporations, or to the theory of corporations.
Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation.


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