How do I start a career in Corporate Law?

 Corporate Law is a very wide field that is becoming increasingly popular due to its unlimited opportunities. The best LLB Colleges in Ahmedabad, Mumbai, Pune, Delhi, etc offer the option to specialize in Corporate Law. Here are some of the key components of Corporate Law and a guide on how to start your career in the field.

Components of Corporate Law

Corporate Law is a vast field consisting of many different elements. Here are some of the popular components of Corporate Law.

• Tax Law

• Immigration Law

• Employment law

• Contract Drafting/Negotiation/Sales

• Mergers and Acquisitions

• Bankruptcy

• Intellectual Property

Education

To start a career as a lawyer in India, you need to obtain an LLB degree. You have the option of doing a 3-year LLB program after completing your Bachelor’s degree or you can opt for a 5-year integrated LLB program after you finish the 12th standard. Once you finish your chosen LLB program, you can appear for the All India Bar Examination if you want to become an advocate and appear in court. 

Admission to most Law Colleges is done through exams like CLAT and LSAT.

Many Master’s degree courses in Corporate Law are also available. An LLM degree in Corporate law is a popular option. You can specialize in a niche field in your Master’s course. After completing your Master’s degree, you can also do a PhD in Law. 

Career Prospects and Salary

Corporate Lawyers need to have knowledge and skills in many different fields related to Corporate law. Large firms hire many different corporate lawyers and each specializes in one or two fields. 

Your potential employers could be Law Firms, Business Consultancy Firms, Multinational Corporations, etc. 

Your salary largely depends on the amount of experience you have. You can expect a healthy increase in salary as you gain more years of experience. Another key factor is the university you graduate from. If you obtained a degree from a substandard law school, you will not get such a high salary. A corporate lawyer working in a large company can expect a salary of more than 12 LPA. The best lawyers earn more than 1 crore per annum. 

Conclusion

All in all, Corporate Law is emerging as a very lucrative and promising career option where the possibilities are endless. As more and more foreign law firms are setting up offices in India, the job opportunities for capable corporate lawyers are increasing. It is not an easy job and could have long hours, but it is promising and rewarding. 

Nirma Law College is an LLB College in Ahmedabad offering a variety of law courses that will prepare you for a thriving law career. 

Is Ahmedabad a good city to study Law?

 Ahmedabad is home to a myriad of great schools and universities. Different students from all over India come to study in Ahmedabad because of its student-friendly nature. Students from some of the best law colleges in Ahmedabad, such as Nirma University are extremely satisfied with the campus and its facilities. 

There are many reasons why you should consider studying Law in Ahmedabad-

Beautiful Environment

Ahmedabad is a clean and green city with a peaceful environment that is perfect for work and studies. The Sabarmati River is beautiful and pristine. The weather is on the warmer side but not uncomfortable. There are many parks and green spaces in the city. The campuses of most colleges are large and lush green.

Transport

Although Ahmedabad is a large city, one can move from one side to the other side of the city (40 km) in under an hour, even during peak traffic hours. This is because of Ahmedabad’s excellent network of roads. The ring-radial road network makes commuting in the city a breeze.

Ahmedabad has an internationally-acclaimed Bus Rapid Transit System called Janmarg. It connects all major parts of the city. Additionally, AMTS runes a public bus service with over 700 buses moving around the city. Auto fares in Ahmedabad are cheaper than in cities like Mumbai and Pune. Uber and other taxi service companies are also operational.

Food and culture

Ahmedabad is famous for its distinctive style of food. The delicious street food in the old walled city is trendy amongst students. As there are no pubs and bars in the city, people enjoy indulging in food, and there is no shortage of good places to eat.

Ahmedabad is famous for its festivals such as Navratri, Uttarayan, Diwali, and the International Kite festival. Living in Ahmedabad will be a unique and enriching experience where you will get to experience many different cultures. People from all communities celebrate these festivals. 

Job Opportunities

Startup culture is rife in Ahmedabad and there is widespread appreciation for entrepreneurship. The Centre of Innovation, Incubation, and Entrepreneurship (CIIE) at IIMA and programs like Startup Saturday act as stimuli to budding entrepreneurs around the city. Law students from reputed universities can find jobs at numerous firms across the city.

Conclusion

Ahmedabad is one of the fastest-growing cities in the world, according to Forbes magazine. CNN-IBN and Hindustan Times did a survey that suggested that Ahmedabad is the safest city for women with over 88% of people thinking. Another survey by TripAdvisor concluded that Ahmedabad 85% of women chose Ahmedabad as the safest city to travel in.

Some of the top law colleges in Ahmedabad, such as Nirma University, offer placements in reputed companies Bajaj Allianz, Reliance, HDFC Bank, Kotak Mahindra Bank, etc. Hence, Ahmedabad is definitely a good city to study Law.

Reasons To Do A Masters in Law

 LLM from top law colleges in Ahmedabad or elsewhere helps students specialize in many fields like criminal litigation and maritime law. This can help them pursue their passions and excel in the fields they choose, which helps them distinguish themselves from other applicants during job interviews and selections. Below, we are going to understand a few reasons for pursuing a masters in law.

• Pick a foreign language and system to learn

Some graduates choose to study abroad and gain experience in another legal system apart from invaluable international proficiency. 

• Upgrade your first degree 

In case one thinks that their first degree does not satisfy them, they may choose to do a masters in Law that can help them bridge their gap in between education and requirements of any leading law firm. 

• Expansion of networking

LLM has several networking opportunities that extend from universities to specialized firms and other institutions to help students make invaluable assets in the long run of their professional career. 

• Increased skills in legal researching

LLM programs are often research driven and actively encourage students to look into specializations and publications. It may help them to choose their PhD and establish their future career path with more reality.

• Increased earning potential 

Having an LLM increases your earning capacity by several notches and contributes to diverse job prospects and legal experience. 

Institute of Law, Nirma University is one of the best law colleges in Ahmedabad. The selection criteria are majorly based on one’s CLAT score. The course is a 5-year integrated course divided into two semesters consisting of a compulsory internship that allows them to implement all that they have been taught so far. 

All subjects are taught with much practical approach and the students are continuously tested with evaluations and semester examinations. The college is stretched across a wide campus with medical facilities and ample canteen available. The faculty is industrially trained and much knowledgeable and provides excellent mentorship. The students are provided exposure to renowned lawyers and judges and various events held on the weekends. The college provides hostel facilities but PGs are also closely available to the campus. Libraries allow students to stay back after hours to facilitate easy and dedicated learning.

ILNU is famous for not just its academic background but also for its extracurricular activities. Lots of seminars, moot court sessions and debates are organized on varying contemporary legal topics from time to time. Associates and delegates from leading firms are invited to give students insights into the field and answer the students' questions, which promotes smooth learning and direct interaction. ILNU, one of the top law colleges in Gujarat, promotes various forms of arts by initiating committees such as dancing, singing, photography, theatre, etc.

How do I become a lawyer in India?

 To become a successful lawyer in India, you will have to study law at one of the best LLB colleges in India. You will have the option of doing a 5-year LLB course or a 3-year LLB course.

Law Degree

If you are extremely certain that you want to pursue law as a career, you should opt for the 5-year integrated LLB course. It will extensively cover topics related to law and other subjects depending on your choice. It will also save you one year of education.

If you are not sure whether you want to pursue law as a career, then opt for a degree such as BBA, BCom, BA, BSc, etc. and then go for the 3-year LLB course. This is the best option for students who have graduated with an undergraduate degree in another field but want to switch to law after graduating.

Note that the 3-year LLB course is devoted to studies only about the law, unlike the broad spectrum of the 5-year course.

Entrance Examinations

If you want to get admission to India's best law colleges, you will have to appear for an entrance examination. Here are some of the common entrance tests for the 5-year LLB course-

• Common Law Admission Test (CLAT)

• Law School Admission Test (LSAT)

• All India Law Entrance Test (AILET)

• Symbiosis Entrance Test (SET)

Here are some of the common entrance tests for the 3-year LLB course-

• Law School Admission Test (LSAT)

• MH CET (Maharashtra)

• DU LLB (Delhi University)

After Graduation

After you have secured a graduate degree in law in India, you are ready to work for law firms and law offices across the country. Make sure to do internships while you are in college, as you need to accrue as much practical experience as possible to ensure you get a decent job after graduation.

Decide if you want to remain a lawyer or become an advocate. All advocates are lawyers, not all lawyers are advocates. An advocate is a lawyer who is registered with the Bar Council of India and can fight cases in court. A lawyer can only provide legal advice to businesses, individuals, etc.

If you wish to become an advocate, you need to enroll with the State Bar Council and appear for the All India Bar Examination. Only then will you be allowed to fight cases in court. 

Specializations in Law

You also can specialize in a specific field of law, which would help you enhance your knowledge. You can opt for an LLM degree at one of the best law universities in India. You can specialize in a field such as Criminal Law, Tax Law, Mercantile Law, Corporate Law, Civil Law, Environmental Law, etc.