It involves becoming familiar with electronic discovery, computerized litigation support, and document management software. Up till now, the necessary and sufficient skill set for lawyers has looked something like this (in alphabetical order): This list doesn’t include such characteristics as knowledge of the law, courtroom presence, or integrity — these aren’t “skills,” per se, so much as information one acquires or basic elements of one’s character. All legal professionals, even those at the bottom of the food chain, should have a basic knowledge of substantive law and legal procedure. 6. $("#sub2").append( pday ); Click To be a corporate lawyer, begin by joining a debating society or running for student government to develop your skills in public speaking and communication. Lawyers' compensation varies greatly depending on practice setting, geographic location, and the demand for a certain specialty. var pday = moment(myDate).format("MMMM DD, YYYY"); Being able to think through everything necessary for opening a business is also considered important, not because your client won’t be able to think out her own strategy but because they might not thought of some of the regulatory implications and may not think to ask. The report serves to support the oft-referenced link between effective governance practices and legal compliance. July 07th, 2008. Strange as this sounds, the thinking processes explained above are quite similar to the ones which you need for playing 20 questions and organising events; thinking of all possibilities and knowing how to ask the right questions when the answers may be quite limited if you don’t phrase it correctly. Beyond stamina and compassion, several intellectual edges come into play as well. Corporate law requires an incisive mind and excellent communication skills, both written and oral. 8 Skills You Need to Succeed as a Paralegal. Notify me of follow-up comments by email. It means that you know a little about commerce and business and can apply common sense to a situation. The major difference between these lawyers is the size of the transactions that they participate in. }); Webcast Date: Tuesday, September 29, 2020 | In this breakout session of the Legaltech Series, you will learn what legal departments and law firms are doing to get their contracts under control. London. It’s an easy mentality to get into, so start now! I wanted to write a little comment to support you. ), Gastón Bilder List of Technical Skills for Resumes, Cover Letters, and Interviews, Important Employability Skills For Workplace Success, Important Business Analyst Skills for Workplace Success, Paralegal Interview Questions to Help You Prepare, Important Legal Secretary Skills That Employers Value, Important Skills for Information Technology (IT) Jobs. Most corporations prefer their corporate lawyers receive one from a law school accredited by the American Bar Association. Professionals should master a variety of word processing, presentation, time management, billing, and practice-related software applications to remain effective in their jobs. Emotional intelligence. We will not rent, share, or spam your email account, ever. But there’s no excuse for lawyers to remain so steadfastly clueless about money: running a business, balancing a ledger, understanding tax principles, working with statistics, calculating profit margins, even explaining the rationale behind their fees. Even innovation, which I prize so highly, is first and foremost an attitude and willingness to think and act differently. It goes without saying that you'll need the physical stamina and the energy necessary to put in long days, but certain emotional attributes can't be overlooked either.