Question by Kim: Attorneys: What is commercial/transactional experience in law firm?
I want to apply for a position as a legal assistant, and they want someone with “commercial/transactional experience.” If they said contracts I would know what they’re talking about, but I guess I need to ask all the attorneys or law students out there what this means. I have worked for an abstractor doing legal research in the oil and gas industry, and I am hoping that this is relevant experience. Thank you very much.

Best answer:

Answer by drusillaslittleboot
Commercial or transaction law usually involves things like regulatory schemes, banking law, bankruptcy law, real estate transactions, contract issues, trade law, corporate credit and sometimes M&A or employment law issues.

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