If we talk about one of the most promising careers in terms of reputation, monetary benefits and job stability – Law is undoubtedly the hot favorite choice. Law courses are open to senior secondary pass-out students of all streams and every young aspirant having a passion for understanding the legal systems of the country is eligible to apply. When it comes to narrowing down the law specializations for students, right after undergraduate law degree, there are a plethora of exciting (and new) options to choose from. And one of the fastest growing specializations in law education that is gaining soaring popularity these days is corporate law. LLM in corporate law has become an exciting career option for the young and bright graduates aspiring for a promising future in the legal field. Also known as company law, it can be best explained as a broader part of laws associated with different types of business associations including partnerships, the individual entity, and private firms of all sizes.
As the corporate industry has matured in various walks of corporate management and laws at different levels, top MNCs and the corporate giants are getting attracted towards good quality talent. They are ready to invest in the talented legal professionals having the excellent skills and qualifications in corporate law. In response to the growing demand, a significant number of law graduates are getting more inclined towards education in corporate law.
The course structure of this two-year post-graduation LLM program, which includes a rigorous academic and professional training, is designed to impart legal education to the students and nurture them to perform various roles of a professional corporate lawyer. While pursuing a degree course in LLM-corporate law, a student will gain knowledge and develop advocacy skills.
The objective of this programme is to provide the students an opportunity to learn different aspects of corporate law such as Law and Social Transformation in India, Legal Research and Methodology, Constitutionalism, Judicial Process and Constitutional Amendments, Corporate Governance and Social Responsibility, Competition and Consumer Protection Laws, Regulation of Capital Market and Foreign Investment, Transactional Legal Rractice, Legal Regulations, International Trade Law, Cyber law, Corporate Taxation, Wealth Tax and more.
Career Prospects in Corporate Law: An Outlook
These days, the corporate scams and disputes are on the rise. To handle such issues, a number of top-notch organizations, law-firms, and partnership firms are recruiting the eminent professionals who specialize in the Companies Act and are well-versed with the vast complexities and intricacies of the corporate sector. Companies are adding the corporate lawyers (equipped with the right mix of knowledge and skills in corporate governance and corporate finance) to their workforce. They are responsible for dealing (mainly) with the legality of business practices and transactions; guiding their clients and companies (within legal boundaries) for managing business decisions and they make sure their associated clients are not violating any corporate law and carrying the business in a right legal way. Furthermore, corporate lawyers assisting the organizations in matters related to tax issues, employee relations, employee contracts and employment laws.
On a concluding note
In an age of high competition, getting a law degree with the specialized skills is a surefire way to open up the maximum paths towards a dream career. Open to the students of all streams, law is a suitable option for anybody who is willing to understand the legal systems of the nation and ready to take up the challenges at the work front. Definitely, after a law degree, there is a bright way to a glorious future in respect of both – exciting job openings and monetary benefits.