Business Lawyer (also called Corporate Lawyer) Business law is quite broad, and business lawyers will often deal with several areas of law discussed below, including employment, intellectual property, and mergers and acquisitions. Sometimes these lawyers just focus on basic business legal tasks such as forming your company, while others are more encompassing and will work on all types of business needs from employment issues to tax compliance. Also, some lawyers focus only on small businesses and startups, while others focus on large enterprises. Keep in mind that there are business transactional lawyers and business litigation lawyers as well. The difference between these two types of business lawyers are significant, in that business transactional lawyers handle transactions (such as negotiating deals) and drafting documents (such as employment agreements), while business litigation lawyers handle your lawsuits (such as when someone sues your company for violating the terms of a contract). Most of the time, a business transactional lawyer will not do business litigation, and vice versa, although there are exceptions. Employment & Labor Lawyer Employment & Labor lawyers are exactly as they sound; they handle issues relating to employment. They mainly deal with making sure businesses are complying with state and federal labor laws. Much like corporate lawyers, there are both litigation and transactional employment lawyers. Employment litigators are the ones who go to court to argue when/if a business violated the terms of an employment contract or state law, while transactional employment lawyers deal more with drafting the employment documents themselves when an employee is being hired. Some employment lawyers do both litigation and transactional work. Finance & Securities Lawyer Finance and Securities lawyers only operate in a very specific sector of law. They tend to only deal with issues relating to banks and individuals issuing money, or to companies selling stock. They can also help defend clients if the IRS or SEC files a complaint against a person or a corporation. Mergers & Acquisitions Lawyer (M&A) Mergers and acquisition (M&A) lawyers deal with the buying and selling of companies. The buying and selling of major companies can be a very long and complex process which usually involves a team of lawyers. M&A lawyers tend to be very well-versed in finance and securities laws, as well as tax law, to make sure they structure the deals, aka the purchase or sale of their client’s company, correctly. Intellectual Property Lawyer (IP) Intellectual Property, or IP, lawyers deal with anything having to do with protecting intellectual property, that is intangible (something you can’t touch like a song or an idea) property. The three major areas of law within intellectual property are copyright, trademark, and patent. Some IP lawyers just focus on copyright and trademark issues, while others just focus on patent issues. Patent law is one area that requires further licensing than just a regular law degree and also requires a technical background (suchEthiopia’s government has explained that privatisation of the national airline and state telecommunications company is being done to ease the shortage of foreign currency. Ethiopia announced last week plans to open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment. In an exclusive interview with state broadcaster, Fana BC, Dr. Yinager Desie, Commissioner of the Ethiopian National Planning Commission said lower export performance, failure of mega projects to commence production, high demand for imported goods and growing external debt burden have worsened the shortage of foreign currency. displayAdvert("mpu_3") Ethiopia requires more than $13 billion over the coming two years for oil importation, private investment, upgrading of existing projects and for repayment of external debt. South African telecommunications firms MTN Group and Vodacom Group have already expressed interest in taking up investment options in Ethiopia’s telecom sector as soon as it opens up. Desie says the privatised enterprises would generate large amount of foreign currencies to tackle shortage. The commission will therefore give priority to foreign companies in privatising the enterprises as government’s decision is targeted obtaining foreign currency.