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According to the United States Bureau of Labor, the job opportunities for corporate lawyers are expected to increase by 9% between 2020 and 2030. Corporate lawyers are required to advise their clients on the duties, responsibilities, and rights under the law. They are hired by corporations to represent their interests with its customers, consumers, and other associates. The field of corporate law is concerned with all the legal issues surrounding corporations (legal entities created for conducting businesses). Corporate lawyers work with corporations to help them understand the complex state & federal regulations. If you are considering a career as a corporate lawyer, pursuing a good course is the best way to gain entry into this field. Keep reading to discover everything you need to know about corporate law courses – practice areas, universities & career opportunities.
What are the practice areas in a corporate law course?
There are six key practice areas that you can consider with a corporate law course. The course syllabus covers all aspects of the field, allowing you to decide your vocation. The six practice areas of corporate law include:
1. General Corporate Law
General corporate lawyers offer advice on different investment options and ways to segue into the Indian market (for international organizations).
2. Mergers & Acquisitions
Corporate lawyers with a specialization in mergers & acquisitions negotiate, draft, and generally oversee business deals. These deals involve a corporate ‘merging’ with or ‘acquiring’ another company.
3. Insolvency & Restructuring
Insolvency & restructuring lawyers are professionals who have a firm foundation in a company’s corporate law. These professionals work with legal firms for dispute resolution with a specialized skillset in insolvency.
4. Dispute Resolution
Dispute resolution requires professionals who know the shareholders involved and the rights of minority shareholders if any. These lawyers practice stringent decision-making procedures to ensure planned resolution.
5. Capital Markets
A commercial law firm is often appointed to assist with the compliance of the company issuing shares and mutual funds. These lawyers offer knowledge on different legal documents required to solve issues.
6. Banking & Finance Practice
Banking and finance practice is a specialization that requires professionals who can help regulate the provision of loans to companies and customers. These professionals safeguard the interests of all parties concerned. Additionally, if you wish to specialize in this field, you will be trained to perform the following tasks:
- Advise clients on different law compliances.
- Help existing corporations & startups find the capital needed to expand and build businesses.
- Work with clients to create a framework of how firms are controlled & directed.
- Review, draft & negotiate legally-binding agreements on the behalf of organizations concerned.
Which universities abroad offer reputed corporate law courses?
Several reputed universities across the world offer recognized courses in corporate law. Some of the best universities to consider include:
- Nottingham University (United Kingdom)
- University of Melbourne (Australia)
- University of Sydney (Australia)
- The University of Manchester (United Kingdom)
- Cardiff University (United Kingdom)
What are the different corporate law courses I can consider?
There are several kinds of corporate law courses that you can consider. There are two categories for undergraduate, postgraduate, and diploma courses.
Some of the most popular undergraduate corporate law courses include:
- BSc LLB (Bachelor of Science/Bachelor of Legislative Law)
- BCom LLB (Bachelor of Commerce/Bachelor of Legislative Law)
- BBA LLB (Hons) in Corporate Law (Bachelor of Business Administration/Bachelor of Legislative Law)
- BBA LLB (Bachelor of Business Administration/Bachelor of Legislative Law)
- BA LLB (Bachelor of Arts/Bachelor of Legislative Law)
- LLB (Bachelor of Legislative Law)
Some of the most sought-after postgraduate corporate law courses to consider include:
- LLM – (Master of Legislative Law)
- Business & Corporate Law
- Commercial & Corporate Law
- Corporate & Securities Law
- Corporate Law
Additionally, several universities offer 1-year and part-time diploma courses in corporate law. Some of the most popular courses include:
- PG Diploma in Corporate Law
- PG Diploma in Corporate & Business Law
How much does a qualified corporate lawyer earn?
Pursuing a good course from a reputed university can equip you with the skills and knowledge you need for a career in corporate law. In most cases, the starting salary of a corporate lawyer can range between USD 30,000 to USD 100,000 per annum. Excellent academic performance and pursuing a course from a reputed law school (like an Ivy League University) can significantly improve earning potential.
Key Takeaways
- Corporate law is a vocation that is concerned with the management of several responsibilities for high-value corporations.
- Pursuing a corporate law course from a reputed university is one of the best ways to identify your area of interest & improve job prospects.
- Several reputed universities across the world offer recognized corporate law courses for international students.
- Corporate law courses are available at all levels of study – undergraduate, postgraduate, and diploma.
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FAQs
Q1. What are the eligibility criteria for admission to corporate law courses abroad?
Answer – Common eligibility criteria across universities abroad include proof of proficiency in the English language and relevant qualifications before admission.
Q2. What is venture capital?
Answer – Venture capital is a specialization for helping existing and startup corporates. Corporate lawyers working in this field assist businesses to find the required capital to expand.
Q3. Are corporate lawyers required to review important contracts in everyday business?
Answer – Yes, corporate lawyers ensure that all regulations stipulated in important contracts are being adhered to by the corporation concerned.