Legal Advisor

Overview

Who is Legal Advisor?

Legal advisors are professionals who provide legal support to their clients who are companies or organizations. They are typically specialized in a particular area of law and are in charge of the company’s legal responsibilities. They use their expertise to provide general legal advice to the companies regarding their business decisions as well. They assist their corporate employers with a wide range of legal matters such as compensation issues, harassment lawsuits, contract disputes, risk management, liability and insurance issues, regulatory compliance issues.

These professionals also provide advice regarding the legal implications of business decisions and the potential legal risks involved in the same such as mergers, acquisitions, and general operations. As in-house lawyers, they are expected to maintain current knowledge of the applicable laws at all times as well as an effective research and evaluate the legal issues and relay this information to the upper management.

Typical day at work

What does Legal Advisor do?

Legal Advisor is responsible for providing advice and assistance to the firm's clients by the plans and targets of the Company. The advisor specializes in a specific area of law such as contract disputes, harassment suits, compensation issues, or other conflicts. They can also offer advice regarding corporate decisions on mergers, contract signing, growth, etc.

• Research legal analysis matters and conveys the information to the stakeholders
• Provide advice on legal matters such as legal risks of business or policy decisions, corporate governance, compliance to legal regulations, and financial planning
• Prepare legal documents such as memorandums, legal opinions and various types of contracts
• Explaining the relevant laws to their corporate employers
• Ensure the organization’s compliance with all legal regulations about its business
• Review matters of employee or management conflicts and provide legal solutions to the same
• Review, interpret and negotiate contracts and other legal documents
• Ensure that the company’s corporate policies and practices comply with the applicable legal regulations

Abilities & aptitude needed

What are the skills, abilities & aptitude needed to become Legal Advisor?

Legal advisors should have extensive knowledge about the law and continually keep themselves updated with the new developments in their field. They should be highly analytical, methodical and display excellent critical thinking skills to process and utilize vast amounts of legal information. They should be skilled at creative problem-solving to efficiently resolve the company’s legal issues. They should possess the business acumen to ensure that the legal advice that they offer is commercially viable and as profitable as it can be.

Negotiation and communication skills are vital for a legal advisor to liaise with the company’s decision-makers and their clients, settle legal disputes, and handle counter-proposals to contracts favourably. They should be able to describe the legal implications of all corporate matters in a clear manner to the stakeholders. Their time management and organization skills are of immense importance to provide effective legal solutions promptly.

As legal advisors, they should be self-motivated and have good leadership skills as well as be strong team players. The decision-making and research skills of these professionals are paramount to ensure the company’s compliance with legal regulations in all matters. They should have exemplary writing skills to draft various legal documents for the company accurately and responsibly.

Courses

Which course I can pursue?