Title: career in Corporate Law (1)
1How to make a career in Corporate Law in India?
- Things you will learn in this Blog are as
follows - Introduction
- What is the purpose of corporate law?
- What are the areas of Practice of Corporate Law?
- Mergers Acquisitions
- Venture Capital
- Project Finance
- Intellectual Property
- How to Make a Career in Corporate Law?
- Skills required for Becoming a Corporate Lawyer
- Conclusion
Introduction Corporate law is a field of law
that deals with both corporate and legal fields.
Every organization whether small or large, there
all functions need to be law compliant such as
mergers and acquisitions, patent filing and
international operations, they all should be done
lawfully for the company to run smoothly and
efficiently. Therefore, every individual, company
and organization hire either a law firm or a
team of lawyers. The lawyer who is responsible
for supervising the whole process in any
organization is the one who has complete
knowledge of the corporate world as well as all
the laws, thats why various organizations hire
corporate lawyers. As the number of startups is
increasing in India day by day, so does the
demand for corporate lawyers is increasing, and
this field is also very highly paid which
attracts most young law graduates to the field of
corporate law. To grasp complete knowledge of
how to make a career in Corporate law,
2many law aspiring students opt for online law
certification courses, as the platforms offering
these courses with the help of top legal experts
help law students and provide career guidance to
them.
What is the purpose of Corporate law? Corporate
lawyers are experts in commercial or corporate
law, they work on different legal issues related
to complete business practices. Corporate law is
generally associated with supervising all legal
and external affairs matters. Corporate lawyers
are trusted with guarding the lawfulness of
commercial transactions, representing companies,
and advising corporate employees regarding their
legal rights and duties. In order to fulfil this
objective, a corporate lawyer must know how to
create a balance
3between the company and the legal industry. Many
young law aspirants start their careers in the
reputed firm of corporate law as these firms
accept young talent and enhance their
capabilities. With the increase of crimes such
as white collar crime, the need for a corporate
lawyer has risen significantly, many companies
also establish in-house counsel. Thus corporate
law is one of the most lucrative career choices
in India with more future prospects. What are
the areas of Practice of Corporate Law? The
specialization of Corporate law is very wide, as
this law deals with every aspect of a companys
and organization's functioning. It is not
possible for everyone to specialize in every area
of corporate law, so many students choose
https//bit.ly/38xVpCyonline legal certification
courses to complete specialization in any one or
two practice area of corporate law, as a
recruiter tend to hire people with deep knowledge
of one particular area, and relevant efficient
skills. The certification courses and various
Bootcamps and workshops work as career guidance
for law students, some of the practice areas of
Corporate law are as follows Mergers
Acquisitions Mergers acquisitions are
well-known elements of corporate strategy,
corporate finance, and management. The process
enables involved entities to grow rapidly in
their area or it may help the entities flourish
in a new field. A corporate lawyer plays a
significant role in this whole process. They
have to have the ability to deal with all sizes
of the company and have to know every strategy
of buying and selling a company or company's
assets. This is a complicated yet very exciting
field, many law aspirants are aspired by
triumphant corporate lawyers and hope to become
like them. Venture Capital This area of
Corporate law deals with startups, primarily
Venture capital is a form of financing that an
investor provides to start-up companies which
have the potential for long-term growth. A
corporate lawyer in this area has to keep their
vision comprehensive as they have to work on very
crucial matters as well as they ought to have a
good vision. This requires
4a lot of skills, in order to gain those skills
many law learners, opt for the best online law
certification courses. Project Finance This
practice area of Corporate law deals with the
Financing of long-term projects. In order to
excel in this area, a Corporate Lawyer must have
complete knowledge of finance and contract
drafting. A Corporate lawyer has to negotiate
the term and conditions of the contract and not
only that they have to go through every single
document, but every transaction during the
project and every change of plan must also be
first-handly discussed by the corporate lawyer.
This shows the responsibility a corporate lawyer
holds, it may sound like a difficult task now but
after gaining in-depth knowledge and
understanding, as well as required skills and
practice, a corporate lawyer handle it very
smoothly. Intellectual Property Intellectual
Property law is a field of corporate law which is
for persons who love innovation and have an
interest in creativity. The role of intellectual
property law is concerned with legal rights
related to intellectual, innovative and creative
work. They deal with trademark, patent filing,
litigation, and Copyright filing. Depending on
the type of company they are working for an
Intellectual property lawyer works in different
areas and with different people. In order to
possess career-based guidance on the things
related to intellectual property law, many law
students are advised to choose online law
certification courses in India as along with
knowledge it also gives them certification as
evidence. Other than these areas there are many
other practice areas of corporate lawyers also,
which include Litigation and Arbitration,
Corporate Governance, Capital Market,
Investments Funds, Private Equity, Real Estate,
Dispute Resolution, Insolvency and Bankruptcy and
many more. Different law firms in India, have
practices and expertise in these practice areas,
so a law graduate with extensive knowledge of any
of these practise areas can get job
opportunities in the big law firms in India such
as Shardul Amarchand Mangaldas And Co, Khaitan
and Co., Talwar Thakore and Associates etc.
5How to Make a Career in Corporate Law? After
completing the 12th class, an individual who aims
to become a corporate lawyer can either choose
the 5-year law degree or a 3-year law degree.
Then during graduation, law students can get
internships in various law firms, business
organizations, and senior advocates, with the
help of these internships one can get work
experience and also build several skills such as
critical thinking, and time management. Along
with all these, many law aspirants also do
specialization courses through various online
legal certification courses. After completing
graduation and also getting certificates in
different specializations and internships
certificate one can get a job in their desired
law firm and they can also start practising
independently. Skills required for Becoming a
Corporate Lawer To become a successful corporate
lawyer in India, a law aspirant must possess
certain skills, with the help of these skills
they can prove their credibility and these
skills also help them in future reference. Some
of the skills are as follows Negotiation
skills, Mediation and persuasion skills,
Communication skills, reading and writing skills,
Problem-solving skills, analytical thinking,
detail-oriented, creativity, Complete knowledge
of corporate law, Always ready to learn
something new, being up to date, excellent
judgement skills, Perseverance and interpersonal
skills. An individual with all these skills can
become a successful lawyer. Its not possible to
learn all these skills at once but with time,
hard work and proper practice one can possess
all these skills. Conclusion Job opportunities
in corporate law are not only limited to the
private sector, even the public sector requires
efficient corporate lawyers to help establish
certainty in the government sector. Even in the
Private sector the numerous top-tier law firms,
Multinational companies, and Start-up ventures,
are in dire need of corporate lawyers. But the
main question here is what specialization should
a law aspiring lawyer choose in the field of
corporate law, there are many of them and each
has its own importance and demand. To help the
learner in this confusion many online legal
learning platforms often organise workshops,
webinars, and Bootcamp
6with the help of top legal professionals, and
help learners interact with them and clear their
confusion and gain insight from them.