What are the most important skills that I need to learn to become an effective in-house counsel? We are providing a list of the top 12 below. 1 – Business Structuring Good business structuring reduces business risks, tax liability and helps businesses to channel capital and efforts appropriately. You should learn how to build an …
In the last few weeks, we had quite a few meetings with in-house lawyers for various reasons. We have been learning a lot from them about how in-house legal teams are being run and their priorities. We meet in-house lawyers a lot these days because many are either doing various courses with us or considering …
Did you catch the big news from the stock market recently? Last quarter, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) were buzzing with activity, launching an impressive 92 initial public offerings (IPOs). Out of these, 31 were big players on the main board, and a surprising 61 came from the …
Why do companies hire in-house counsel? Why not work with law firms and litigators? An in-house counsel is often considered the ‘jack of all trades’, taking care of all legal issues which a corporate house may be facing. In a given day, an in-house lawyer may have to handle anything that the business may throw …
It is a part of my job description to talk and interact with lawyers as CEO at LawSikho. I interview lawyers for some roles across sales, marketing, and course creator roles from time to time. I have interviewed lawyers who have worked in big law firms in the past, and those who have spent many …
Do you know that about 40% of the business regulations in India could actually land an entrepreneur in jail if not followed correctly? According to reports, out of the 69,233 business compliances that regulate doing business in India, over 26,000 include jail time as a possible penalty for slipping up. In India’s top industrial states—Gujarat, …
In-house counsel jobs were not very popular in the past as most lawyers preferred to become litigators or get into law firms. But now, in-house legal jobs are becoming more important, better paid, and in greater demand. It offers a better work-life balance, a chance to work on a variety of issues and develop a …
Preparing a report for the company’s board of directors is one of the key tasks and responsibilities of an in-house counsel. How do you go about it? The report is typically prepared on a quarterly and annual basis, although you may maintain a weekly tracker for internal purposes. *The good news is that you can …
Picture this: You’re working as an in-house counsel in a startup. You are on the brink of sealing your first major deal, champagne ready to pop, when suddenly, you are told that the adequate stamp duty has not been paid on the transaction. Not only does your deal fall through, but your company also ends …
In-house counsel has been the preferred career choice for lawyers for the following 5 reasons: 1. Decent starting salaries 2. Stable, consistent growth 3. Good work-life balance 4. Meaningful work, connection with the business 5. Opportunity to get ESOPs if the company is successful Typically, in-house counsels were pooled from 2 sources: 1. A handful …
