Banking Lawyer
Quick Facts
Median Salary$191,148
Most Common EducationPh.D. or professional degree
Projected 10-Year Growth+10.39%
Assessment MatchTake the Assessment
What They Do
A Banking or Finance Lawyer is a legal professional who works for either a borrower (an individual or a company), or a lender (usually a bank). Much of their time is spent negotiating the contract terms for a loan to make sure their client gets a fair and watertight deal.
Core Tasks:
- Interpret laws, rulings and regulations for individuals and businesses.
- Analyze the probable outcomes of cases, using knowledge of legal precedents.
- Gather evidence to formulate defense or to initiate legal actions by such means as interviewing clients and witnesses to ascertain the facts of a case.
- Represent clients in court or before government agencies.
- Evaluate findings and develop strategies and arguments in preparation for presentation of cases.
- Advise clients concerning business transactions, claim liability, advisability of prosecuting or defending lawsuits, or legal rights and obligations.
- Prepare, draft, and review legal documents, such as wills, deeds, patent applications, mortgages, leases, and contracts.
- Examine legal data to determine advisability of defending or prosecuting lawsuit.
- Study Constitution, statutes, decisions, regulations, and ordinances of quasi-judicial bodies to determine ramifications for cases.
- Negotiate settlements of civil disputes.
- Supervise legal assistants.
- Negotiate contractual agreements.
- Confer with colleagues with specialties in appropriate areas of legal issue to establish and verify bases for legal proceedings.
- Search for and examine public and other legal records to write opinions or establish ownership.
- Perform administrative and management functions related to the practice of law.
What to expect as a Banking Lawyer
1Earn a Ph.D. or professional degree
37% of people achieve this level of education.
2Gain skills and experience
See Banking Lawyer related courses on Tallo
3Land a job
740 openings for Banking Lawyers
Career Progression
in United States (Nation)
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