Transactional law is a branch of private law that deals with legal issues related to money, business, and commerce. It involves providing legal aid to entrepreneurs through contract drafting, real estate acquisition, and intellectual property affairs. Transactional law firms differ from traditional litigation firms in that they generally prefer to resolve disputes out of court. Transactional lawyers counsel individuals and organizations on the legal issues generated by their business dealings. They review and negotiate various agreements, ensuring that contracts that clients enter into cannot be harmful to them or their business. They also draft business policies, such as a terms of service agreement.

Transactional law covers many different areas and can be relevant for many people and their businesses. Some of the basic branches of transactional law include corporate law, commercial/business law, intellectual property law, and entertainment law. Different types of businesses require a myriad of distinct types of contracts, agreements, and regulations, and transactional law is a broad area of law covering all business industries.

Transactional lawyers help business owners and other clients with the legal aspects of complex transactions. They assist with the numerous transactions that affect business, money, and commerce. They can help entrepreneurs register a business entity, advise on the best-suited business entity to form, and perform the legal steps needed to register the company.

In summary, transactional law is a broad area of law that covers all aspects of business dealings between companies and/or individuals. It involves providing legal aid to entrepreneurs through contract drafting, real estate acquisition, and intellectual property affairs. Transactional lawyers counsel individuals and organizations on the legal issues generated by their business dealings, review and negotiate various agreements, and draft business policies. They can help entrepreneurs register a business entity, advise on the best-suited business entity to form, and perform the legal steps needed to register the company.