Best Corporate lawyers for the Mid-market in Canada as ranked by Lexpert
Corporate Mid-Market laywers refers to an area of transactional work involving businesses (private and public) whose revenues fall in approximately the $50 million to $200 million range. The nature of the businesses involved tends to include predominantly knowledge-based companies (technology, life sciences) who engage in transactions of a size that is typical of a Canadian mid-market M&A transaction without having regard to the revenue.
M&A practitioners focusing in this area are primarily called upon to develop transaction strategy and to advise (alongside the appropriate specialists) on the law as it relates to corporate, securities, finance, tax, competition, labour, employee benefits, real property, regulatory, environmental, intellectual property, litigation and the transaction.
Please be advised that the Lexpert directory has practice areas specific to:
What does a corporate lawyer do?
Corporate lawyers are employed by large enterprises down to SMEs with regard to their expertise on the federal laws and provincial and territorial statutes relating to businesses and corporations. The corporate lawyers that we have rated below as the best are focused on mid-market corporations. We cover what qualifies a company as mid-market further down in this article.
Corporation law is that branch of law generally governing corporations, from its inception, until its dissolution or bankruptcy, and the regulations imposed upon these corporations by the government. Since juridical entities or corporations have a separate legal personality from private persons, corporation law sets out their differences in law.
The Canada Business Corporations Act (or the CBCA) is the federal statute governing Canadian business corporations. The Act provides for the steps of incorporation; the capacities and powers of a corporation; the reports it needs to file; the authority, duties, responsibilities and liabilities of its shareholders, directors and officers; and the procedure for the liquidation and dissolution of a corporation.
The work of corporate lawyers is typically around the CBCA, the corporation they serve, and the applicable provincial or territorial regulating statutes. In order to advise clients or corporations – whether they are small businesses, mid-market, or enterprises – of their rights, responsibilities, and duties, the best corporate lawyers are well-versed in these statutes and have a good grasp on the administrative workarounds of these statutes.
Overall, corporate lawyers ensure that the corporation complies with the impositions upon them by these federal and provincial or territorial regulating statutes, and other government regulations; oversee that the corporation also complies with the statutory standards with respect to its operations and its employees; and represent the best interests of their clients before any judicial court or administrative tribunal.
What is considered a mid-market company?
Middle-market companies, or mid-market market businesses, are those businesses that are neither considered small businesses nor large, major enterprises. In other words, they are too small to be a big business, but they are also large enough to be considered a small business.
Although, there is really no set standard for how much yearly revenue or customers served for one to be considered as a mid-market business, certain financial institutions have considered some criteria in order to delineate between a small business, mid-market, and large enterprises.
What are mid-market mergers and acquisitions?
Mergers occur when two entirely separate companies agree to incorporate into a single company, and acquisitions is when one company acquires or buys-out another, including its stocks and assets.
Middle-market mergers and acquisitions, or mid-market M&A for brevity, happen in many ways, such as when one mid-market company acquires another mid-market or a smaller company; when two mid-market companies merge; when two smaller companies merge to achieve a mid-market status; or when a large company acquires or merges with a mid-market company.
Currently, there mid-market lawyers who can assist in mid-market M&As. Mid-market lawyers advise their clients on coming up with a beneficial M&A, in accordance with the other branches of law, such as taxation, securities, labour, among others.
Need help with corporate laws, the CBCA, or any other corporate matters? Reach out to the best corporate lawyers for the mid-market as ranked by Lexpert below.