2. In this topic, we have discuss the key responsibilities of a
general counsel lawyer in today's world.
3. 1. Define The Organization’s Policies
M o s t p e o p l e w o u l d f e e l t h a t t h e l e g a l o f f i c e r
d o e s n o t h a v e a b i g r o l e t o p l a y i n d e f i n i n g a
c o m p a n y ’ s p o l i c y . I t i s t h e j o b o f t h e k e y
d e c i s i o n m a k e r s l i k e t h e s e n i o r e x e c u t i v e s o f
t h e c o r p o r a t i o n .
4. 2. Give Advice On Major Business Transactions
C o r p o r a t i o n s e n g a g e p r o f e s s i o n a l s o r g e n e r a l
c o u n s e l s e r v i c e s i n I n d i a t o g e t a s s i s t a n c e
d u r i n g c r i t i c a l b u s i n e s s t r a n s a c t i o n s .
5. 3. Assess The Merits Of Cases Under Litigation
L a r g e e n t e r p r i s e s c a n b e i n v o l v e d i n m u l t i p l e c o u r t
c a s e s . I t i s t h e d u t y o f t h e g e n e r a l c o u n s e l t o h a n d l e
m a t t e r s u n d e r l i t i g a t i o n .
6. 4. Ensures Compliance With Legal Regulations
E v e r y a s p e c t o f r u n n i n g a b u s i n e s s i s s u b j e c t t o o n e
o r m o r e l a w s . I t i s e s s e n t i a l f o r c o r p o r a t i o n s t o
k n o w a b o u t a l l a p p l i c a b l e r e g u l a t i o n s . T h e y c a n
a f f e c t a c o m p a n y ’ s o p e r a t i o n s , r e s o u r c e s , t a x
l i a b i l i t i e s , p r o f i t m a r g i n s , a n d r e p u t a t i o n .
7. 5. Provide Guidance On Legal Aspects Of Business
Finance
T h e a t t o r n e y i s r e s p o n s i b l e f o r a d v i s i n g t h e
c o r p o r a t i o n o n l e g a l a s p e c t s o f t h e b u s i n e s s ’
f i n a n c e . A s s e s s i n g t h e e f f i c i e n c y o f t h e p r e s e n t
b u s i n e s s s t r u c t u r e a n d t h e c u r r e n t m a r k e t
c o n d i t i o n s t o c h a r t a p r o f i t a b l e r o u t e i s a k e y d u t y
o f i n - h o u s e p r o f e s s i o n a l s .
8. Contact us
A - 3 3 , L o w e r G r o u n d F l o o r ,
D e f e n c e C o l o n y ,
N e w D e l h i - 1 1 0 0 2 4 , I n d i a .
E m a i l : a d m i n @ a h l a w a t a s s o c i a t e s . i n
w e b s i t e : h t t p s : / / w w w . a h l a w a t a s s o c i a t e s . c o m /