A law firm is a simple business entity formed by one or more lawyers, who look after the interest of their clients together. Lawyers in these firms can also allow other lawyers to work with them, who are called associates. In a law firm, all the partners not only share the profits and loss incurred, but also the risks associated with running the firm. It functions similar any other company, however in most companies lawyers cannot raise money through IPO's, which…

The simplest and most succinct definition of commercial litigation describes it as a body of law that covers business conflicts. These conflicts often arise from disagreements over legal contracts. Sometimes referred to as corporate or business law, commercial litigation is generally considered to be a branch of civil law that governs disputes of both a public and private nature. law firm in…