Chapter 1 Notes.docx - Outcomes Identify and accurately...

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1-2: List and explain the purposes of the law (5)
managers in creating a strategy and adding value to a company
In-house counsel: part of executive (general counsel) or midlevel management teamAssociate counsel reports to the general counselCan serve as corporate officer = secretary = responsible for record keeping and complying with notice/ voting req. for board of directorsGeneral also selects/ supervises outside law firms when expertise is neededLitigator : trial lawyer Corporate lawyer: business lawyerEx. of legal areas:a.Contract law - neg./agreements for acquisitionb.prop/environmental - real estate law and environ. Lawc.State and Federal labor lawsd.

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