Commercial Property Solicitor Job Description
Commercial Property Solicitors are responsible for dealing with legal issues, both contentious and non-contentious, that concern the property or premises owned or rented by commercial clients such as investors, developers, governments, retailers and public sector organisations.
Commercial property law is a practice area that involves the legal, contractual and transactional issues or procedures that concern property and land owned or rented by commercial clients.
Commercial property law has contentious and non-contentious aspects, and while some property law jobs have a caseload that covers both, many Property Solicitors choose to specialise in one or the other.
Property is always being bought and sold, there are always contractual disputes arising between landlords and tenants, and new shopping centres, public sector buildings and railways are always being developed. So, despite natural fluctuations in the property market, there is always some level of demand for Commercial Property Solicitors.
Commercial Property Solicitors are responsible for varied and often complex caseloads. They represent a range of clients, advising on matters such as:
• The sale, purchase and lease of land or property
• Development, infrastructure and planning projects
• Property finance and investment
• Leasehold management
• Landlord and tenant disputes
• Regeneration projects
• The drafting, reviewing and negotiation of contracts
• Mergers, acquisitions, joint ventures and disposals
• Property litigation
Commercial Property Solicitors can expect to act for a wide variety of clients including government bodies, public sector organisations, investors, developers, funders, landlords, energy and utilities providers, high street businesses, media companies and corporate groups.
Commercial properties themselves come in all shapes and sizes. You might find yourself working on cases relating to hotels, railways, high street buildings, shopping complexes, restaurants, roadways, airports and any other property or premise used for commercial purposes.
Outside their caseloads, Commercial Property Solicitors may also be required to carry out business development activities and supervision of junior team members.
Initially, the route to becoming a Commercial Property Solicitor is similar to qualifying in any other practice area. You can find out all about the different qualification routes in our comprehensive Qualifying as a Solicitor article.
Once you have completed the Legal Practice Course (LPC), you will need to apply for a training contract with a boutique commercial property firm or the specialist team of a multi-service practice.
Training contracts are very competitive, so make sure to demonstrate your passion and interest for commercial property law on your CV. The dedicated Law Graduates section of our careers advice blog has several articles to help you secure a training contract including CV tips and interview advice.
In addition to academic and professional qualifications, a successful career in commercial property law calls for the following skills:
• Excellent client-facing and relationship building skills
• The ability to communicate complex legal matters in everyday terms
• Keen business development and networking skills
• Strong drafting and negotiating skills
• Landlord and tenant disputes
• Flawless commercial awareness
• The ability to work as part of a team made up of legal and non-legal professionals
• IT skills in Excel, Word, PowerPoint and case management systems
Commercial property law overlaps with several other legal practice areas such as conveyancing, construction, litigation, finance, planning, environmental, corporate and more. Demonstrable knowledge or experience in other practice areas will enhance your career prospects significantly – in addition to a positive and open attitude to taking on new challenges in unfamiliar areas.
According to data obtained and analysed in our 2018 Audience Insight Report, the average Commercial Property Solicitor salary in the UK is £51,304 per annum. Bear in mind that this figure varies depending on a range of factors including PQE level, location and employer.
Are you looking to embark on a rewarding new opportunity? You can search and apply for the latest Commercial Property Solicitor jobs today on TotallyLegal, refining your search by location, PQE level, salary band and more to find the roles best suited to you.
Would you like to take part in an interview about your experience as a Commercial Property Solicitor? If so, we would love to hear from you. Get in touch on firstname.lastname@example.org to find out more.