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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
Commercial awareness skills for lawyers
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<blockquote data-quote="Ole1999" data-source="post: 43130" data-attributes="member: 6097"><p>Hi guys</p><p></p><p>I understand that a good skill lawyers should posses is the ability to relate current commercial trends/issues to the legal implications for their client. But do lawyers ever go beyond the legal sphere and advise from a business advisory perspective as well?</p><p></p><p>For example, say a lawyer's client wanted to buy a target company. If, from a legal perspective, everything about the acquisition was sound, would the lawyer's input end there? Or do lawyers also tend to advise whether an acquisition is good from a business perspective i.e whether the deal will be profitable or viable for the client?</p></blockquote><p></p>
[QUOTE="Ole1999, post: 43130, member: 6097"] Hi guys I understand that a good skill lawyers should posses is the ability to relate current commercial trends/issues to the legal implications for their client. But do lawyers ever go beyond the legal sphere and advise from a business advisory perspective as well? For example, say a lawyer's client wanted to buy a target company. If, from a legal perspective, everything about the acquisition was sound, would the lawyer's input end there? Or do lawyers also tend to advise whether an acquisition is good from a business perspective i.e whether the deal will be profitable or viable for the client? [/QUOTE]
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Commercial awareness skills for lawyers
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