Fact On Debt Recovery Solicitors

A popular and interesting route for any trainee solicitor would be to consider a Commercial Property Solicitor job. This is a fast-moving and dynamic area of the law, and although the current climate following the credit crunch has led to an overall downturn in the commercial property sector, there are still opportunities available for commercial property solicitors. Those who have a Commercial Property Solicitors job advise on transactions and activities for a variety of clients, including property investors and developers, local government and landowners. It is possible to either work either in-house for developers or those companies with large land holdings or more commonly within private practice. Transactions can involve anything from offices and houses to retail developments and industrial units. In general, the legal issues dealt with in a Commercial Property Solicitor job include; acquisitions and disposals of commercial properties, investments, landlord and tenant matters, lettings, sales, developments and contracts, insolvency planning applications, and environmental laws and liabilities.

A great deal of the work involves new ways of transacting, whether through financing, developing or co-investing. The last few years have seen a dramatic increase in workload within the busier provincial practices as a result of the development sector. In a growing and upward moving property market, work from developers has been plentiful - although it tends to be time constrained and extremely stressful at times. Those who have a career in a Commercial Property Solicitor job can fall very roughly into two camps, technicians and business winners. It is the latter set which demands the greater salaries and this particular breed of solicitor need to be very commercially focused, and be very much in tune with their client's business objectives. To be successful in a Commercial Property Solicitor job, client wining and dining plays a large role, so shrinking violets may want to avoid the roles requiring marketing activities. The hours can be long so those requiring a strong work-life balance may want to look at back office roles in this particular field. In general, the commercial property field tends to be constantly busy, and junior solicitors can enjoy a greater degree of autonomy at an earlier stage in their career than in other areas.

There are other related areas such as planning law and construction law. Although in the past these disciplines were covered by a commercial property department they are now seen as distinct areas in their right. Those who take a role in a Construction Solicitor job often fall into those from a property viewpoint specializing in non-contentious work, and those from a commercial litigation background specializing in the contentious construction disputes. Although often Solicitors can work in both camps they do tend to be one or the other. Those working in contentious work are often called upon to become mediators, and most construction contracts have this form of dispute resolution built in. Planning law can be complex, demanding and applications for the larger developments can often take many years. Solicitors will tend to work in private practice or local government. Planning legislation and government guidelines are constantly changing, and ability to keep one step ahead is a vital ingredient to success in this field.