The major responsibility of the corporate licensing counsel is to advise the company and the clients on various legal risks, business strategies and legal issues which relate to commercial deals. The corporate counsel needs to review all the drafts and a wide variety of licensing which should comply with the company policies. The corporate licensing counsel should be able to reply promptly to any legal questions asked by any department of the organization. They should have the ability to support the sales force during worldwide sales, distribution, the product development team etc. They should have broad knowledge to provide any kind of legal support including general commercial law, intellectual property rights, trademark protection, data protection, patent law, patent rights, etc.
They should frequently interact with the management, partners, marketing groups, and functional peer groups, etc. and discuss about company developments. The lawyer should be able to handle various legal projects and the organizational duties assigned to them. The corporate licensing counsel has a very major role to play in any organization and the advice or opinion of the lawyers or counsel are really very important for the organization in order to the avoid falling into any kind of legal trouble. Therefore the need and requirement of the corporate licensing lawyer is very significant. Those people who are looking forward to make their career in this field should not be worried about job opportunities as their need will be ever increasing.
The corporate licensing lawyers should posses a degree in corporate law and from a recognized law school. The lawyer should also have in-depth knowledge on corporate law. The corporate licensing lawyer should be self motivated, should be able to perform their work at a fast pace and should be able to adjust with the challenging environment of the organization. The lawyer should also have strong communication skills in order to discuss various things effectively. They should also possess client management skills and the ability to manage a number of projects simultaneously under a project deadline.
Those who are looking forward to apply for such a job should have a vast experience and a great knowledge on issues pertaining to product development, IP law, and revenue recognition so that they can carry out their task smoothly and perform their duties and responsibility effectively. They should have enough ability creating and implementing contract processes and should have the basic knowledge of worldwide data privacy and SAAS industry.
The job prospect for the corporate licensing counsel is excellent and these kinds of job prospects will never decline as the companies will have to depend on their expert advice to a great extent. As there are number of companies emerging, mergers and acquisitions, etc. taking place there are plenty of job opportunities present in the market.
As this job is of great responsibility and as the corporate licensing lawyers play a very important role in the organization, their post is basically high in the organization. The salary of the lawyers may depend upon companies to companies and based on the experience and qualification of the lawyer.
The corporate licensing counsel therefore has a major responsibility to perform and should be proficient enough to meet all the necessary challenges.