Corporate law is an extensive legal specialty. Corporations are the most common type of business entity in the United States. Corporate law is comprised of legislation and regulations that govern corporations and business entities. Many corporations maintain a permanent corporate lawyer to handle all legal issues that may arise. Corporate law frequently involves concerns regarding business licensing, labor law, business partnerships, investment regulations, and legal contracts.
Corporate law, including corporate finance, can be extremely confusing and overwhelming. Therefore, the owner of a business or a corporation should consult with a corporate lawyer regarding legal concerns. In addition, corporate law will govern asset liquidation if the corporation is not able to effectively address its debts. Stock shares and problems such as insider trading are also regulated by corporate law.