What is Corporate Law
Corporate Law is a specialisation that one can pursue while taking up a degree course in Law. Choosing the field of Law as a career has a great scope. As this is a legal profession, it applies to sole proprietorship, partnership, associations and corporations. A Corporate lawyer's day-to-day activities include safeguarding the legality of commercial transactions, preparing corporate agreements, filing taxes and managing government reporting.
Corporate Law can be pursued at the Undergraduate level as well as Post Graduate level. Degrees like LL.B (Bachelor of Legislative Law) B.A. LL.B , BBA.LL.B BBA.LL.B(Hons) in B.Com.LL.B, B.Sc.LL.B can be pursued in Corporate Law.
The recent decades have been a trendsetter for "Corporate" since we are living in a corporate era. Most of the people are ambitious to get a corporate job in a top-notch organisation. But their thoughts are limited to software and IT only. The growth in this sector brought lots and lots of career avenues worldwide. Corporate Law is a highly reputed and rewarding career in the corporate world.
Corporate Law Course Highlights
Entrance Based :
Entrance Based :
University level exams
Rs.50,000 per year
Rs. 1,00,000 per year
Rs.50,000 per year
Rs. 3,00,000 per year
Rs. 6,00,000 per year
Rs. 2,00,000 per year
Rs. 2,50,000 per year
Rs.6,00,000 per year
Rs. 2,00,000 per year
Rs. 10,00,000 per year
Rs. 20,00,000 per year
Rs. 8,00,000 per year
Eligibility Criteria (UG & PG) of Corporate Law
Corporate Law Course Eligibility Criteria
Completion of a degree in any discipline. The candidate must be a graduate to pursue LLB
A minimum of 35% (for SC/ST category) to 45% (general category) is required as some colleges fix percentage requirements to fulfil admission for LLB.
Based on the results of Entrance exams, the candidates will be accepted in some law colleges and universities.
ii. Integrated LL.B and Integrated LLB in Corporate Law
Completion of 10th and 12th exam from a recognised board with a minimum passing range of 50% as it may vary from college to college.
Age limit – Should be above 17 years.
Admission for this integrated course will be based on the Entrance exam either the national level or state-level to get into Government law colleges and other colleges. Most of the private colleges admit students based on merit and the Entrance exam conducted at the university level.
i. LL.M (in Corporate Law Courses)
Completion of an undergraduate law degree that is LL.B or an equivalent degree from a recognised university with a minimum passing range of 45%.
Candidates must appear in the Entrance exams like CLAT and AILET to get into top law colleges for their Post Graduate.
Counselling can be taken after the entrance examination for the admission in colleges.
Corporate Law Entrance Exams
Corporate law courses can be pursued during both undergraduate and postgraduate. Corporate Law can be pursued in UG by taking up BBA.LL.B (Hons) in Corporate Law. To pursue Master of Law in Corporate Law and other related to corporate Law, the eligibility criteria is to hold LL.B after pursuing a degree or an integrated law degree like BBA.LL.B etc., Entrance exams are held to get into top law colleges and some law colleges admit based on merit.
- Common- Law Aptitude Test (CLAT): CLAT is a national level examination conducted for the admission of UG and PG law candidates. This exam paves a way to get into top colleges like National Law College and other universities. CLAT scores are accepted by 122 colleges all over India.
- Law School Admission Test (LSAT): It is conducted by the Law School Admission Council for the admission of UG and PG candidates in more than 85 colleges in India.
- All India Law Entrance Test (AILET): Admissions for both UG and PG in National Law University Delhi (NLU Delhi) are based on the entrance exam that they conduct, NLU Delhi doesn't accept CLAT.
- Andhra Pradesh Common Law Entrance Test (AP LAWCET): This is a state-level common law entrance test conducted by Sri Krishnadevaraya University on behalf of the state council for higher education. These scores are accepted in more than 50 colleges in AP.
- Maharashtra Common Entrance Test (MH CET): This is also a state-level common entrance test for Law for the admissions of law candidates. And it is accepted by 125 institutes in Maharashtra. This exam is, particularly for the three-year law program, LL.B.
Scope of Corporate Law in India and Abroad
The corporate industry is a growing industry in India, and they depend upon a lawyer for taking any big decision. As the dependability is high on corporate lawyers, the demand for them is also high. Being a corporate lawyer in India can be paid handsomely based on their experience and knowledge. There are plenty of job opportunities from both the public and private sector. The job opportunities can also be from law firms, companies, banks, sole proprietorship and more.
Law abroad has always been a top-ranking and top paying career. Countries like the USA, Canada and more hire qualified legal lawyers as the non-lawyers have stepped into the market. And even being a corporate lawyer in India has a good scope to work abroad provided they fulfil certain conditions. Since the entry of MNEs in India has given rise to Indian lawyers to work abroad, the foreign law firms wanted to hire Indian attorneys who possess dual qualifications.
Popular Online Law Courses and Certifications
Course Fees Corporate Law
|Minimum Fees||Maximum Fees|
Corporate Law Course Subjects
The Corporate Law can be taken in UG level, and PG level and so the subjects of UG in Corporate Law (integrated course) will differ from UG in Law (3-year course). It is mandatory to take up an area of specialisation at PG level. The subjects for corporate Law are listed below:
i. Law of Contracts
ii. Company Law
iii. Legal Method and Legal Reasoning
iv. Business Accounting
v. Principles of Taxation
vi. Law and Justice in a Globalising World
vii. Corporate Governance
viii. Securities & Finance Markets
ix. Law and Finance, Project Finance
xii. Corporate Reconstruction
xiii. Comparative Public Law
xiv. Bankruptcy Law
Careers in Corporate Law
If not a lawyer, then choose corporate Law as the career. This is an emerging career in the law field as well as the corporate field. This is a versatile choice of career. The demand for corporate Law will never come down as the corporate sectors are growing at a very rapid speed. The corporate sector contributes 53% of GDP to the Indian Economy. The corporate Law plays a major role in the corporate governance it includes involving in major decisions to commercial transactions and solving disputes to negotiating settlements. Corporate Law generally revolves around overseeing all legal and external affairs. As the knowledge, experience and the potentiality of the corporate lawyer increase, it increases his/her prestige and demand in the corporate world.
The demand for Corporate Law course is rapidly increasing in the corporate sectors. But corporate Law has nailed its place to serve a large number of companies. The upcoming trends in this area include:
i. Virtual Law Firm
ii. Corporate Secretarial Services Market
iii. Legal search engines
iv. Web-based legal services
Job Profiles and Top Recruiters
Corporate Law Job Profiles
Corporate Lawyer is in demand across all dominations, be it the corporate governance or business consulting firms. With foreign law firms' moving to India, the scope for Corporate Lawyers has increased a lot. The Corporate Law has become one of the most sorts after career choice for youth both in-house counsel and in law firms.
The work of Corporate Lawyers is to ensure commercial legality of transactions. They must have knowledge of statutory rules and regulations passed by the government.
Legal advisors work to provide legal advice regarding disputes, contractual and regulatory issues to any business or individual and so on.
Corporate Events Associate
A Corporate Events Associate conducts meeting, convention, and event planners coordinate all aspects of events and professional meetings. They arrange meeting locations, transportation, and other details.
Associate Advocate's job is to manage and resolve legal disputes on behalf of the clients by negotiating contacts and settling claims, and so on.
Can become a lecturer in college or university by teaching corporate Law to the students. And educate them to lead their future in Corporate Law.
The legal counsel represents an organisation in legal disputes, and they advise the Board of Directors and executives about legal issues.
The work of law administrators is to support lawyers at a firm by doing the work assigned by them. They conduct research, draft documents, manage schedules and run the administration.
Corporate Law Top Recruiters
The top recruiters are mostly from Legal consultancies, corporate firms, Enforcement agencies etc. They are listed below :
2. Amarchand & Mangaldas & Suresh A Shroff & Co.
3. Luthra & Luthra Law Offices
5. Attorney Associate
8. HMT Ltd
9. Repco Bank
Corporate Law Average Salary
The salary for the corporate law graduates may vary from the jobs they do to the knowledge and experience gained by them. It is always good to know the salary rates as the candidates can decide the jobs and study accordingly.
Rs. 3,00,000 to Rs. 7,00,000 per year
Rs. 3,00,000 to Rs. 6,00,000 per year
Corporate Events Associate
Rs. 2,50,000 to Rs. 5,00,000 per year
Rs. 3,00,000 to Rs. 5,00,000 per year
Rs. 4,00,000 to Rs. 7,00,000 per year
Rs. 5,00,000 to Rs. 8,00,000 per year
Rs. 3,00,000 to Rs. 7,00,000 per year
**The salary figures mentioned anywhere in this article is just for reference purposes. Please treat them as such. Actual salaries may vary depending on respective candidates, employer, job location and numerous other factors.
Required Skillset for Corporate Law
Some skills are important for a corporate lawyer to possess so that it will enhance the opportunities to get a job. And the companies would look for candidates who fill fit perfectly to the job. The requisite skills for Corporate Law are in the following
i. Communication Skill: A Corporate lawyer should have a really good communication skill to pass the legal knowledge to the company. Proper and smooth communication will have high importance in companies.
ii. Numerical Ability: As the Corporate law deals with taxes and accounts too, the candidates should be good at working with numbers. This may include interpretation of tables and graphs.
iii.Analytical Thinking: A Corporate lawyer is a problem solver and problem preventer. The candidate should possess a critical component of visual thinking to solve problems quickly and effectively.
iv. Confidentiality: Candidates must have the ability to research and keep the client information confidential without disclosing it to others except under certain circumstances.
Course Curriculum for Corporate Law
The growth of the corporate sector in India has made an impact on the young law aspirants to know the importance of understanding the legal dynamics of the corporate sector. And this Corporate Law course is designed in a way to provide in-depth knowledge about the incorporation of the company, raising capital of the company, corporate restructuring, corporate insolvency, investments, foreign direct investments and other related issues. This also covers comprehension of corporate management and governance and legal aspects of accounts and audit in a company.
Students also liked
Popular Corporate Law Entrance Exams in India
Popular Corporate Law Colleges in India VIEW ALL
Frequently Asked Questions (FAQs)
Question: Which are the best colleges for corporate Law?
Question: Is Corporate Law a rewarding career option?
Corporate lawyers work at the intersection of law and business. Corporate Law needs a lot of hard work as this is a very rewarding and prestigious career to choose.
Question: Does corporate Law require good math?
Basic knowledge of math and the capacity to analyse the accounts is needed. And having knowledge of finance and accounting may help if you are working on financial transactions.
Question: What is the best major for Corporate Law?
A major in business would be a great option for those who wanted to pursue Corporate Law. Students interested in corporate Law might find classes in management and economics are well-suited to their PG career needs.
Question: How to pursue Corporate Law?
Students can pursue Law or integrated law courses in undergraduate level wherein after completing a basic graduation degree one can specialise in Corporate Law.
Questions related to Corporate Law
can a student with humanities as plus two background and B.A LL.B (H) as graduation degree pursue corporate law?
Hope you are doing absolutely great.
SO with regard to your query, YES absolutely you can do LLM in Corporate Law. There is not doubt regarding that. After completion of BA LLB, one can write the CLAT PG entrance exam, and try to get admission into the National Law Universities across India for the purpose of admission into the LLM course and take specialization in Corporate Law.
Checkout the following link for any information regarding CLAT PG: https://law.careers360.com/exams/clat-pg
Hope this helps you!!
I got 5972 rank in CLAT PG 2022. Will I be able to get admission in NLU or GGSIPU (with respect to specialization in Corporate Law)? Im from general category.
Through CLAT PG 2022 exam student has to secure 95-100 rank for admission in top national universities. For National law University admission student has to secure at least 85 to 90 ranks inCLAT PG exam. In your rank in clerk PG 5972 there is little hope of chance getting top National University and Government colleges for law. You can admission in the private Law University under the supervision of National Law University or College.GGSIPU Guru Govind Singh Indraprastha University is the First Government Law University established in the year of 1998. to take admission in Guru Gobind Singh Indraprastha University which is a government university also is not possible to take admission in your rank.
which are best provate coleges for BA LLb 5 year program with best placements and for corporate law
Here are some best private law college offering BA LLb 5 years program.
1. Jindal Global Law school, Sonipat
2. School of law, Dehradun
3. SLS - Pune, Symbiosis law school
4. ICFAI law school, Hyderabad
5. Central law college, Salem
6. AIL - Mohali, Army institute of law
7. Indore institute of law
8. Institute of law, Nirma University, Ahmedabad
9. IMS Law college, Noida
10. SLCU Banglore - school of law, Christ University
To know further information about these colleges you can visit the given link - https://law.careers360.com/colleges/list-of-private-law-colleges-in-india hope this will help you !
what do you do if you want to pursue corporate law in USA
Hope you are doing well!
In order to pursue corporate law in usa you need to:
- You need to earn a bachelor's degree in a related discipline, which can include business, finance, political science, legal studies, government and economics etc. from a recognised University.
- You need to complete an internship
- Then you should apply for law school.
- You have to earn a juris doctor degree. You can take courses like legal procedures, administrativeaw etc.
- You need to pass the BAR exam which is the American Bar Association's (ABA) bar exam.
- After passing the exam you should get a licensure.
- Then you have to meet with professionals in the field.
- You need to develop a strong resume.
You can also visit this link for more information:
Hope it helps.
All the best for your future.
what is the process of getting a corporate law course in USA after completing a BBA in USA
I hope you are doing well.
Yes, you can pursue a law degree after earning a BBA. After finishing your BBA, you can enrol in a three-year LLB (legal) programme. Top law schools in India, such as CMR University's School of Legal Studies, provide a competitive three-year LLB curriculum with the following objectives (what you'll learn at the end of the course):
- In light of social, political, economic, and administrative difficulties, students will be able to comprehend, analyse, absorb, and apply legal knowledge.
- As a professional advocate, students will be able to present in various courts, tribunals, and other forums.
- Students will be able to provide professional legal services such as argument writing, pleading drafting, drafting, conveyancing, and so on.
- Students will be able to engage in design thinking as an effective approach to problem solving.
- Students will be able to conduct inter-disciplinary and cross-disciplinary studies in order to gain Socio-economic and Political perspective to legal issues.
I hope this helps.