ContractsCounsel Logo

Lawyer For Commercial Business

Updated: November 21, 2023
Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 10,638 reviews
No Upfront Payment Required, Pay Only If You Hire.
Home Blog Lawyer For Commercial Business

Jump to Section

Lawyer For Commercial Business: Top Roles And Responsibilities

While commercial law is usually confused or conflated with corporate law, it is a more comprehensive term covering the commercial activities of companies, including contracts, property, labor, intellectual property, and other aspects of the sale and allocation of goods and services.

Furthermore, commercial lawyers are essential to the success of organizations and companies, both small businesses and those with complicated corporate establishments and national or global dealings. These commercial lawyers structure trades, prepare records, negotiate contracts and look after all the deals a company undergoes.

In addition, a commercial lawyer works to guarantee that the provisions of an agreement are specific and explicit and will never cause trouble for their client in the future.

What does Commercial Law Entail?

Commercial law refers to a collection of lawful regulations of personal legislation that apply to legal associations stemming from legal actions and trades deemed by law as business acts and legal connections in which vendors remain involved.

Moreover, commercial lawyers are professionals in business and company law. They comprehend the nuanced differences between legal entities and how to employ them for diverse objectives. They even aid organizations in different transactions arising from business processes.

What does a Commercial Lawyer do?

Commercial lawyers may represent large clients such as multinational corporations or corporate firms, or smaller clients such as small businesses and individuals. So a typical day in the life of a commercial lawyer would comprise skimming through and revising agreements, preparing legal papers for companies, and reviewing mergers in the industry. Likewise, it might need a high level of negotiation on behalf of the client for the provisions of a contract or a license arrangement. Thus, the work relies on the domain in which your commercial lawyer will specialize.

Some commercial lawyers specialize in business litigation.

The role of these lawyers is to assist their clients through litigation. In addition, commercial lawyers offer expertise in these primary areas:

  • Corporate Law

    Companies must comply with all the legal and constitutional documents required, and their corporate lawyers will take care of all these requirements. In addition, all other trades that the business owner gets into, including business restructuring or property investment, are all under the powers of a corporate lawyer. Their primary task is to guarantee that all statutory aspects are taken care of in the business.

  • Conflict Resolutions

    Commercial lawyers may also work in dispute resolution. This includes alternate dispute resolution methods such as arbitration or mediation, as an alternative to litigation.

  • Banking and Finance

    Finance lawyers are specialists in delivering legal guidance to save you from gathering business obligations you cannot pay. They also guard against dealing with lenders that could provide birth to debt issues and other financial responsibilities that the company profits may not cover. They prepare and skim through all the documents required for funding and also ensure that their clients never get into any legal trouble.

Understanding the Types of Commercial Laws

Commercial law generally refers to the vast body of statutes that oversees business and exchange between people and organizations engaged in running a business. This domain of law comprises elements of public and private legislation and both non-contentious and contentious work. Some prominent types of commercial laws are as follows:

Commercial law firms remain dedicated to fulfilling the legal requirements of businesses, entrepreneurs, banks, and developers in all facets of their functions. The work of a commercial lawyer may concern any legal aspect relating to the running of a company.

Commercial law is mostly governed by the Uniform Commercial Code (UCC), which is a collection of laws that has been codified in every state. However, the implementation and interpretation of the UCC varies from state to state.

Meet some lawyers on our platform

Zachary J.

349 projects on CC
CC verified
View Profile

Daniel R.

129 projects on CC
CC verified
View Profile

Laura B.

7 projects on CC
CC verified
View Profile

Benjamin W.

79 projects on CC
CC verified
View Profile

What are some Key Commercial Law Terms?

A sufficient understanding of commercial law terms can assist you in making better-informed trade decisions and executing transactions with tremendous confidence. On the contrary, unfamiliarity with such terms can lead to challenging business activities, adverse contractual periods, and adverse legal consequences. Below are some commonly used terms in commercial law.

  • Accredited Investor – An accredited or certified investor is somebody who buys securities from another person and does not have to comply with the securities regulation provision when the issuer creates and issues a prospectus.
  • Authorized Capital – Authorized capital is the category of shares and the number of shares per category that a company is allowed to issue to the general public. This amount of authorized share capital remains mentioned in a company's articles of incorporation. Moreover, the association article also specifies the prerequisites, liberties, claims, and limitations that apply to each category of shares.
  • Arm's Length – Generally, this word refers to the familiarity of relationships between taxpayers. Related individuals are at non-arm's length with one another. In addition, an arm's length price implies a cost that remains charged in similar trades between outside parties.
  • Mutual Fund – Mutual fund refers to a collection of reserves from several investors who hold securities and other investments. It gets handled by a skilled manager who levies a fee following the purposes set by the fund.
  • Strategic Alliance – Strategic alliance, refers to a comprehensive collection of associations that concern greater or lesser formality and extent of collaboration among the participants. An instance of a strategic alliance is a joint venture or partnership. The word might also imply an agreement to share details, jointly market products, and conduct analysis and development.
  • Par Value Par value refers to a requirement in the articles of incorporation that determine the issue price of a company's shares. Nevertheless, in numerous events, the issue prices of shares are past the par worth.
  • Thin Capitalization – Thin capitalization implies a high debt-to-equity proportion. Also, if a corporation remains extensively capitalized by debt, it is considered thinly capitalized. In some circumstances, an enterprise thinly capitalized by non-residents is ineligible for a deduction of interest expenditure.
  • Hold Harmless Clause – A hold harmless clause refers to a condition in an arrangement saying that one or both parties consent to or refrain from maintaining the other party responsible for any loss, damage, or legal penalty. The objective of this clause is to provide the parties with indemnity on a unilateral or joint basis.
  • Prospectus – Issuers of securities, in some cases, must file a prospectus with securities controllers to allow the securities issuance to the public. There are exemptions to this provision, such as an exemption for a personal issuer's capital securities.


The primary objective of a commercial lawyer is to assist their clients in several ways — by creating legal opportunities and offering guidance in decision-making in a commercial context. In addition, commercial lawyers help corporate, industrial, and commercial customers handle their internal processes and present legal advice on contracts that relate to corporate organizations.

So if you want to make your business operations secure, it is time to seek help from commercial business lawyers at Contracts Counsel. So why wait? Get in touch with expert lawyers at Contracts Counsel now.

Need help with a Business Contract?

Create a free project posting

Meet some of our Lawyers

Adalbert M. on ContractsCounsel
View Adalbert
5.0 (6)
Member Since:
October 26, 2022

Adalbert M.

Managing Attorney
Free Consultation
Port Saint Lucie, FL
3 Yrs Experience
Licensed in FL
Western Michigan University Thomas M. Cooley Law School

Dynamic Attorney helping people and small business owners protect their assets. Founding Attorney at THE CYA LAW FIRM, PLLC, in Port Saint Lucie, Florida. Offering a wide range of legal services including: Living Trusts and Wills, POA and Advanced Directives, Business Formation, Contract drafting, Business Counsel, Prenuptials and Postnuptials, and more. **Licensed in Florida and fluent in English and Spanish.

Danielle G. on ContractsCounsel
View Danielle
5.0 (3)
Member Since:
July 12, 2022

Danielle G.

Attorney and Founder at Danielle D. Giovannone Law Office
Free Consultation
Schenectady, NY
17 Yrs Experience
Licensed in NY
Fordham University School of Law

Danielle Giovannone is the principal of Danielle D. Giovannone Law Office. In her experience, Danielle has found that many business do not require in-house legal counsel, but still need outside counsel that knows their business just as well as in-house counsel. This need inspired Danielle to start her firm. Before starting her firm, Danielle served as Contracts Counsel at Siena College and as an attorney at the New York City Department of Education, Office of the General Counsel. At the NYCDOE, she served as lead counsel negotiating and drafting large-scale commercial agreements, including contracts with major technology firms on behalf of the school district. Prior to the NYCDOE, Danielle worked as an associate at a small corporate and securities law firm, where she gained hands-on experience right out of law school. Danielle has provided legal and policy advice on intellectual property and data privacy matters, as well as corporate law, formation and compliance, employer liability, insurance, regulatory matters, general municipal matters and non-profit issues. Danielle holds a J.D. from Fordham University School of Law and a B.S. from Cornell University. She is active in her Capital District community providing pro bono services to the Legal Project, and has served as Co-Chair to the Niskayuna Co-op Nursery School and Vice President of Services to the Craig Elementary School Parent Teacher Organization. Danielle is a member of the New York State Bar Association.

George L. on ContractsCounsel
View George
5.0 (6)
Member Since:
August 16, 2022

George L.

Free Consultation
Rock Hill, SC
5 Yrs Experience
Licensed in GA, SC
University of Georgia School of Law

I am a corporate attorney with offices in Rock Hill, SC, and Lavonia, GA. My practice is focused on contracts, tax, and asset protection planning. I act as a fractional outside general counsel to over 20 businesses in 6 countries. When not practicing law, I can usually be found training my bird dogs.

Scott S. on ContractsCounsel
View Scott
5.0 (18)
Member Since:
July 28, 2020

Scott S.

Free Consultation
New York, NY
43 Yrs Experience
Licensed in NY
New York University School of Law

I have over 25 years' experience representing individual and company clients, large and small, in transactions such as mergers and acquisitions, private offerings of securities, commercial loans and commercial endeavors (supply contracts, manufacturing agreements, joint ventures, intellectual property licenses, etc.). My particular specialty is in complex and novel drafting.

Cynthia F. on ContractsCounsel
View Cynthia
Member Since:
July 24, 2020

Cynthia F.

Managing Partner
Free Consultation
Los Angeles, CA
14 Yrs Experience
Licensed in CA
Western State - College of Law

I run a small law firm in Pasadena, CA. I have been practicing for almost 10 years and the other attorneys at my firm each have 12+ years of experience. We focus on business and employment law, protecting and defending business owners. While my clients are all sizes, I particularly enjoy helping smaller companies and individuals manage their legal needs without the high price tag.

Jessica K. on ContractsCounsel
View Jessica
Member Since:
January 16, 2021

Jessica K.

Litigation Attorney
Free Consultation
8 Yrs Experience
Licensed in FL
University of Florida Levin College of Law

I assist individuals and businesses across the state of Florida with litigation, contract drafting, contract interpretation, and issues that may arise because of contract terms, including demands (cease-and-desist letters) and litigation. I have experience with non-compete agreements, privacy policies, website terms, settlement agreements, intellectual property disputes, and many other disputes. Please reach out if I can help you with a litigation- or contract-related project!

Stephen F. on ContractsCounsel
View Stephen
Member Since:
July 29, 2020

Stephen F.

Free Consultation
15 Yrs Experience
Licensed in IL
Western Michigan

Stephen began practicing law in 2009 working as an associate documenting construction loans for local banks. Since the beginning of his career Stephen has expanded his practice to serve individuals and companies by performing commercial and residential real estate transactions, aiding in business organization and general corporate matters. While representing businesses Stephen has supports his clients by providing counsel on leasing, business succession, stock purchase agreements, mergers and acquisitions, constructions loans, as well as contract litigation. Stephen works to ensure that all matters are handled in a timely manner and to keep open communication with his clients.

Find the best lawyer for your project

Browse Lawyers Now

Need help with a Business Contract?

Create a free project posting
See All Business Lawyers
Learn About Contracts
See More Contracts
other helpful articles

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

View Trustpilot Review

Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.

View Trustpilot Review

I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.

View Trustpilot Review

I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

View Trustpilot Review

Need help with a Business Contract?

Create a free project posting

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call

Find lawyers and attorneys by city