The role of the corporate lawyer is to assist the clients and enhance the efficiency and consistency in conducting the affairs in their business on the basis of the law. The duties and responsibilities of the corporate lawyer are varied ranging from preparation of primary articles of incorporation together with the formulation of the bylaws in a new business to handling any form of corporate reorganization on the basis of federal bankruptcy law provisions. Other important areas of interest in the practice of corporate law include the intellectual property, matters of liability, contract and legislative compliance. The securities law is associated with some extreme complexities such that a specialist is needed once such law has to be applied. The lawyers who are able to obtain a specialty in this field deals with issues of formation, organizing as well as financing the corporations by means of securities that may entail stock, mergers and acquisitions as well as takeovers in organizations.
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