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As a trainee joining the Corporate group, it is often hard to see the difference between
corporate and commercial work, but in essence, corporate work involves transactions (eg large scale mergers and acquisitions, management buy-outs and private equity investment) and
commercial work involves assisting companies in their day-to-day business.
Corporate work is generally fast-paced and deadline-driven; the work often has a multi-jurisdictional element, which can mean getting to grips with the laws and regulations of another country. RPC acts for a broad range of clients, which gives trainees exposure to a wide variety of work. Whilst trainees will never end up running $500m international buy-outs, they form a valuable member of the team, and smaller deals offer trainees the opportunity to cut their teeth on good quality and important work. The quick turnover of the work means that trainees often end up right in the middle of the action and have to honour the confidence placed in them.
Commercial work is also pretty fast-paced. Often companies will turn to us late in the day to review terms and conditions, or new legislation which may impact on their business. As such, the work is extremely varied and trainees have to be able to work to tight deadlines as well as balance the variety of work they are likely to encounter.
We also undertake non-contentious media work, typically advising on advertisements and promotions.
Contentious media work is carried out by the Media group who are regularly involved in defamation cases, and trainees
frequently attend court to seek a variety of court orders. The Commercial group also includes the Intellectual Property team who
handle both contentious and non-contentious work, including advising on applications for IP protection, infringement of IP rights and licensing issues.
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