It’s quite interesting to note how the typical corporate structure has evolved over the years, particularly with regards to how much leaner corporations have become due to the influences of the financial sector. The financial sector is all about achieving the most with the least amount of effort, which is why people working in the financial sector are able to amass such vast amounts of wealth so quickly.
Anyway, our focus today falls specifically on one area in which the typical corporation has evolved, which is that of how there are fewer in-house departments dedicated to servicing a specific need of the corporation’s. Typically, you would have something like an entire legal team in any corporation, no matter which line of business that company was into. Of course the specialist lawyers making up that legal team didn’t come cheap and this goes beyond the fact that they would have to be paid full time salaries. They would have to be paid full time salaries at the level of a specialist since that is indeed exactly what they were operating as.
You’d have a lawyer who graduates from law school and then after having gone through all the necessary steps to fully qualify as the legal professional they become, they’re still somewhat of a novice since the next step is that of gaining practical knowledge that’s specialised to a specific sector and market.
These days you hardly get a lawyer who would refer to themselves specifically as something like an automotive industry attorney or something specific like that and this is in part due to the fact that law generally takes the same shape and form when you consider it in relation to the typical corporate structure. There’s been some kind of normalisation unfolding in which it really doesn’t matter what industry a specific corporation is active in. Corporate laws in general apply across the board and so that’s why you can have a specialist law firm like the Alliance Law Group being able to more than adequately service clients who are active in any industry.
Corporate law is corporate law, the basics of which just come down to its interpretation, so something like commercial litigation as practiced in the automotive industry for example is fundamentally the same as say something like the food and beverages industry. Obviously there are specific details which make for some grounds for some technicalities to arise, but generally corporate law is corporate law, no matter what you choose to fill your sandwich with.
This newer method of approaching the legalities surrounding the operational structures of corporations makes access to good legal services more affordable and with such accessibility comes a lot more fairness in the outcomes of cases that may arise. No longer is it the mega corporation with an endless budget to play with which is pretty much guaranteed victory over what could very well be a smaller corporation or even an individual with a much smaller budget to work with.
Because of the independent corporate lawyers opening up their services to everyone that can afford them, the playing field is now much more level.