Business law, also known as commercial law, is a field of legal practice that focuses on the legal rules and regulations that govern businesses and commercial transactions. It encompasses a wide range of legal topics, including contract law, corporate law, intellectual property law, employment law, tax law, and regulatory compliance, among others. Business lawyers provide guidance and legal services to both small and large companies, helping them navigate the complex legal landscape that impacts their operations and transactions. They assist in various aspects of business operations, such as forming and structuring businesses, drafting and negotiating contracts, resolving disputes, ensuring compliance with regulations, protecting intellectual property, and addressing employment issues. Business law is essential in safeguarding the rights and interests of businesses while providing a framework for fair and ethical commercial activities in the global marketplace.