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Aspiring Lawyers - Applications & General Advice
General Discussion
Foundations of Commercial Law: Practice Areas, Firm Groups and Applications *Monday Article Series*
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<blockquote data-quote="Daniel Boden" data-source="post: 70407" data-attributes="member: 487"><p>Regarding your first question, I've thought about this before but I think it's because as lawyers get more senior and work with a client for years, they build up a really good understanding of the client's business and what it's commercial objectives are. As a result, lawyers are often uniquely placed to give commercial advice as they can see what the rest of the market is doing and how that would impact its client's business and can therefore tailor their advice accordingly. Or to put it another way, experienced lawyers are often seen less as 'just a lawyer' and more so as 'a trusted advisor' whose experience and input is valued in the commercial world due to their extensive experience carrying out multiple transactions throughout their careers.</p></blockquote><p></p>
[QUOTE="Daniel Boden, post: 70407, member: 487"] Regarding your first question, I've thought about this before but I think it's because as lawyers get more senior and work with a client for years, they build up a really good understanding of the client's business and what it's commercial objectives are. As a result, lawyers are often uniquely placed to give commercial advice as they can see what the rest of the market is doing and how that would impact its client's business and can therefore tailor their advice accordingly. Or to put it another way, experienced lawyers are often seen less as 'just a lawyer' and more so as 'a trusted advisor' whose experience and input is valued in the commercial world due to their extensive experience carrying out multiple transactions throughout their careers. [/QUOTE]
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Foundations of Commercial Law: Practice Areas, Firm Groups and Applications *Monday Article Series*
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