Law firms in Cairns offer specialisation on commercial law, wherein they focus on the legal aspects of businesses and companies. This involves various areas of practice such as mergers and acquisitions, real estate, insolvency law, corporate finance and banking. Commercial lawyers, also called corporate lawyers, provide professional advice and assistance to help you in the numerous transactions involved in business operations.
General closing operation
Junior corporate lawyers handle tasks to ensure a closing runs smoothly. A “closing” refers to the day a deal is set to be finalised and money exchanges hands upon signing of relevant contracts. Whether the deal is for an acquisition of a company or for banking operations, junior corporate lawyers are required to handle the paperwork. They keep track of all the important and relevant documents related to closings and ensure that all documents are executed properly by preparing signature pages for clients to sign.
Due diligence refers to fact-finding in commercial law. This includes reviewing and summarising legal contracts. Junior corporate lawyers identify and highlight the issues that might be in the contracts whilst senior associates review them to ensure there are no mistakes. Only then can a diligence report be compiled. Due diligence is performed to assist clients in making a more informed decision by providing them detailed information.
Corporate lawyers draft important legal documents such as Officer’s Certificates, Director’s Resolutions, and contents and receipts. They also draft disclosure documents such as those that are to be filed publicly such as a Material Change Report, as well as private documents like a Securities Offering Memorandum. Simply put, corporate lawyers are fully responsible for the documentation of all actions taken by the corporate client, from hiring an intern to making a million-dollar investment.
Corporate law helps keep all corporations operating on a level playing field. It is the foundation of a state’s economy, meant to help corporations do business easier and make things fair to everyone. A corporate lawyer is bound to adhere strictly to the rules and standards of corporate law.
If you are seeking assistance for commercial law in Cairns, get in touch with Marino Lawyers at (07) 4081 6700. Our lawyers in Cairns can assist you with your enquiries and provide advice to make the process as smooth as possible so you can continue your regular routine without hassle. We also have offices in Port Douglas, Edmonton, Gordonvale, and Babinda.