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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 team●Associate counsel reports to the general counsel●Can serve as corporate officer = secretary = responsible for record keeping and complying with notice/ voting req. for board of directors●General also selects/ supervises outside law firms when expertise is needed●Litigator : trial lawyer ●Corporate lawyer: business lawyer●Ex. of legal areas:a.Contract law - neg./agreements for acquisitionb.prop/environmental - real estate law and environ. Lawc.State and Federal labor lawsd.