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What Is a Banking Attorney and How to Become One


What Does a Banking Attorney Do?

The duties of a banking attorney involve providing legal support and advising banks and financial organizations about regulations, contracts, and other finance issues. As a lawyer in this specialty, your responsibilities vary depending on the needs of your employer. You may help draft or review contracts or financial agreements. You may analyze a bank’s operation and assess its compliance with federal and state regulations. You could also perform research and organize a defense for litigation. You can either work as an in-house banking attorney at a bank or as a member of a law firm.

How to Become a Banking Attorney

The qualifications that you need to become a banking attorney include both educational achievements and knowledge of banking law. First, you need to obtain a law degree from an accredited law school. Then, you need to pass the bar exam to get a law license. You can gain skills in banking law by carefully choosing classes during law school and by obtaining an internship at a law firm that specializes in finance, in the banking department of a large law firm, or in the legal department at a bank.