Examines the role of corporate counsel inside U.S.-based corporations and not-for-profits─ specifically the value proposition of corporate counsel, common responsibilities, unique ethical issues, implications of the Sarbanes-Oxley and Dodd-Frank Acts, corporate governance, risk management, and litigation. Explores how legal departments of corporations represent a significant practice opportunity for lawyers interested in corporate and regulatory law, as these corporate departments operate on a different model than law firms and regulatory agencies and offer careers that combine legal disciplines with business management skills. Prior study of corporate law is preferred but not required.