Corporate law (also "company" or "corporations" law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another.Corporate law is a part of a broader companies law (or law of business associations). Other types of business associations can include partnerships, or trusts, or companies limited by guarantee. Under corporate law, corporations of all sizes have separate legal personality, with limited or unlimited liability for its shareholders. Shareholders control the company through a board of directors which, in turn, typically delegates control of the corporation's day-to-day operations to a full-time executive.
Corporate Lawyers provide legal guidance for employers and clients. Lawyers typically begin a new case by meeting with clients and try to understand the details of the legal issue. This may include reading corporate filings and consulting with other attorneys. After assessing the issue, corporate lawyers typically research prior cases and looking for established precedents.