The legal world can be a confusing one at times, and nowhere is this truer than when discussing ‘areas’ of law. Many terms are bandied about, and Top law firm in Melbourne, Australia they change with jurisdiction too.Commercial lawyers handle a broad range of corporate deals or standalone transactions. They are responsible for drafting and negotiating the necessary contracts. An example of a larger transaction is the sale of assets such as systems, contracts, premises and staff.
‘Commercial Law’ is an incredibly broad term that can cover a large variety of more specific fields of law. The main part of this centres around the commercial context, involving companies. This is also a broad term, and can include merchant shipping, insurance, partnerships, manufacture and sale of consumer goods, and any commercial/company related legal disputes.