Industrial law, sometimes called company law or business law, is a body of law which applies to the behavior and rights of people and companies engaged in commercial activity, trade, sales and merchandising. It’s often thought of as a separate branch of the criminal law but is actually part of civil law. The term commercial law was first utilized in the 19th century, and it had been originally utilized to refer to the laws pertaining to commerce between nations or between countries.
One of the most common types of commercial law include trademark law, tort law, contract law, commercial gambling, contract law, insurance coverage, and taxation law. Other types of commercial law are also frequent, for example fraud law and environmental legislation. A few examples of common business law are unfair competition law, consumer protection law, advertising law, anti-trust law, product liability law, securities law, trademark law, labor law, debt law, product liability law, securities law, bankruptcy law, contract law, criminal law, labor law, property law, and environmental law. The above list isn’t a comprehensive one, but it demonstrates the degree of the legal discipline.
It is important for you to understand the implications of the regulations and laws that apply to your own business before you begin to practice law. If you would like to practice law then you’ll have to attend law school, get a degree in law, and then you can concentrate in a particular area of the law. This can be a time consuming process and involves taking a long time to gain the expertise required.
When considering that the area of commercial law for your career, you need to consider what it is you are passionate about and what you enjoy doing. If you’re a pure disaster and natural resources attorney then you may want to concentrate on commercial and environmental law. You might decide to work at a law firm specializing in litigation involving liability, property, construction, personal injury, and other litigation associated with your area of expertise. If you’re more interested in commercial litigation, you could opt to work as a property manager or attorney general for the state in which you reside.
Although there are many distinct areas of the law, you can always start by obtaining a certificate in law. This will let you practice law in small business situations where you understand what it is you’re doing along with also the basics of the laws and regulations that apply to your local and state area. Once you have the basics under your belt, you can move on to advance your education and specialize in a certain area.
You must be mindful that you do not have to be licensed to be able to practice law in this discipline. There are also a number of non-license lawyers that practice as commercial lawyers also. Many times these kinds of lawyers can help you out as a referral or by showing you exactly what to expect in court.