General counselors work in the business world as the main legal advisers for their respective companies. If a company specializes in a particular type of industry, such as manufacturing, their general counsel will likely be a specialist or have prior experience in the types of law that may be especially applicable to that company. For instance, an insurance company may want to hire a general counsel who is already experienced with insurance fraud law.
General Counsel Tasks
Draft, review and negotiate contracts.
Assist with possible mergers, acquisitions and formation of business entities.
Provide legal advice on legal and regulatory issues and federal and state laws and regulations.
Represent client or corporation in negotiations with accounts and regulators.