Define: Corporation Counsel

Corporation Counsel
Corporation Counsel
Quick Summary of Corporation Counsel

A city attorney, also known as a corporation counsel, is a legal professional employed by a municipality to provide legal assistance and guidance on various matters.

Full Definition Of Corporation Counsel

A lawyer who provides legal advice and representation to a corporation or a city in legal matters. For instance, the Corporation Counsel for the city of New York is responsible for advising the Mayor and other city officials, as well as representing the city in court. This example demonstrates the role of the Corporation Counsel as a lawyer employed by a city to offer legal services and represent its interests.

Corporation Counsel FAQ'S

A Corporation Counsel is a lawyer who represents and advises a corporation on legal matters, including compliance with laws and regulations, contract negotiations, and litigation.

It is advisable for a corporation to hire a Corporation Counsel as soon as it is established or when it starts facing legal issues. Having legal counsel from the beginning can help prevent legal problems and ensure compliance with laws.

Generally, a Corporation Counsel represents the corporation as a whole and not individual employees. However, in some cases, they may provide legal advice to employees within the scope of their representation of the corporation.

A Corporation Counsel’s responsibilities may include drafting and reviewing contracts, providing legal advice on business decisions, handling litigation and disputes, ensuring compliance with laws and regulations, and representing the corporation in legal proceedings.

A Corporation Counsel must avoid conflicts of interest and act in the best interest of the corporation. If a conflict arises, they may need to withdraw from representing the corporation or seek independent legal advice.

Yes, a Corporation Counsel can provide legal advice to the corporation’s board of directors. They can assist the board in understanding legal implications, ensuring compliance, and making informed decisions.

A Corporation Counsel should have a law degree and be licensed to practice law. They should have experience in corporate law, contract negotiation, litigation, and a strong understanding of relevant laws and regulations.

A Corporation Counsel has a duty to maintain client confidentiality. They should not disclose any confidential information obtained during their representation of the corporation, unless authorized or required by law.

Yes, a Corporation Counsel can represent the corporation in court. They can file lawsuits on behalf of the corporation, defend against legal claims, and negotiate settlements.

The billing structure for a Corporation Counsel can vary. They may charge an hourly rate, a flat fee for specific services, or work on a retainer basis. The specific billing arrangement should be discussed and agreed upon between the corporation and the Corporation Counsel.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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