The Commercial Law Handbook offers a solid grounding in the general knowledge required for commercial law interviews and internships. The handbook includes a description of the role of commercial lawyers and the different practice areas.
It provides an overview of basic commercial law principles, including explanations of how contracts are formed, how contractual terms can be used to allocate risk and how security can operate to protect lenders and facilitate corporate borrowing.
It considers issues relating to starting, running and growing a business. Different methods of purchasing and selling businesses are analysed, as are the benefits and drawbacks of various types of financing.
An insight into the M&A process is included, complete with consideration of the key parties involved and issues that can arise.
Key legal and commercial terms are defined and contextualised throughout and documents and clauses commonly used by commercial lawyers are briefly explained.
Key economics and financial accounting concepts are also introduced. In addition, the handbook offers general interview advice relating to competency, commercial awareness and case study interviews (provided by numerous commercial law firms) and advice on appropriate behaviour during internships.
A recommended reading list is included at the end.
This book is a must-have for any students looking to go into commercial law. It covers the basis for knowledge required about practice areas, business terms and how a City law firm functions. For example it usefully goes through the structure of an M&A deal and how it is financed. Would definitely recommend it!
An absolutely fantastic handbook. As a beginner I had little to no knowledge on the topics covered in the handbook and it was extremely well explained and easy to understand. Even now with more experience I still refer back to it to brush up on areas I am unsure about. Perfect for interview prep! Would thoroughly recommend it to anyone preparing for an interview or a career in commercial law.
This has been extremely helpful when applying for vacation schemes at law firms. It is such a useful guide in providing a detailed insight into various areas of law and how a business operates. It is an easy read and I thoroughly recommend this to everyone who wants to improve their commercial awareness!