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Why are you interested in a career as a commercial lawyer?: Answer feedback
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<blockquote data-quote="Mike Wazaoski" data-source="post: 153882" data-attributes="member: 1084"><p>Opening this up to feedback from anyone on the forum:</p><p></p><p>- I want to make it personal and genuine and this is pretty much the main reason for interest</p><p>- Please let me know any feedback</p><p></p><p>I am interested in a career as a commercial lawyer because it requires application of the law to solve business issues. More interestingly, the law is applied in the context of understanding the client's specific commercial challenge. Today, clients are operating in a challenging world. Responding to this challenge means a good commercial lawyer contextualises their advice by taking into account geo-political, economic, regulatory, environmental and technological factors when assisting clients in achieving business aims. Therefore, commercial lawyers remain adaptive to the world around them when advising clients. The aim is to mitigate risk and maximise business value. This intersection of law and commercial activity was evident in supporting X with a privacy project prior to their IPO listing on the Shanghai Stock Exchange. I provided data privacy advice for the business operating in 50 countries by working with local general counsel. However, China was out of scope due to data localisation issues. The IPO worth $X billion faced multiple hurdles but was motivated by Chinese fears of food security and US-China trade tensions meant the IPO was listed in Shanghai where there are protectionist measures for reducing foreign investor involvement. The combination of data privacy issues, regulatory barriers, US-China geopolitical challenges and understanding the global power struggle is an example of what makes commercial law feel “alive” to me. It ensures I remain engaged in advising clients by understanding the world they operate in to build an advisory relationship.</p></blockquote><p></p>
[QUOTE="Mike Wazaoski, post: 153882, member: 1084"] Opening this up to feedback from anyone on the forum: - I want to make it personal and genuine and this is pretty much the main reason for interest - Please let me know any feedback I am interested in a career as a commercial lawyer because it requires application of the law to solve business issues. More interestingly, the law is applied in the context of understanding the client's specific commercial challenge. Today, clients are operating in a challenging world. Responding to this challenge means a good commercial lawyer contextualises their advice by taking into account geo-political, economic, regulatory, environmental and technological factors when assisting clients in achieving business aims. Therefore, commercial lawyers remain adaptive to the world around them when advising clients. The aim is to mitigate risk and maximise business value. This intersection of law and commercial activity was evident in supporting X with a privacy project prior to their IPO listing on the Shanghai Stock Exchange. I provided data privacy advice for the business operating in 50 countries by working with local general counsel. However, China was out of scope due to data localisation issues. The IPO worth $X billion faced multiple hurdles but was motivated by Chinese fears of food security and US-China trade tensions meant the IPO was listed in Shanghai where there are protectionist measures for reducing foreign investor involvement. The combination of data privacy issues, regulatory barriers, US-China geopolitical challenges and understanding the global power struggle is an example of what makes commercial law feel “alive” to me. It ensures I remain engaged in advising clients by understanding the world they operate in to build an advisory relationship. [/QUOTE]
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