With time, legal studies have undergone a massive transformation. In the last 3 years alone, digitization of the legal profession has forced many unforeseen changes to the system, forcing traditional practices out of the door.

With distinct changes and trends in the legal profession showing the real picture now, it’s time we understand the impact of these trends in various specializations, especially in Corporate Law practices.

Corporate law, also known and practiced as Business Law, Enterprise Law, and Company Law, is a governing body of rights and regulations to standardize code of conduct, relationships, and duties of persons, departments, organizations, and businesses as per the law of the land. It covers the entire life cycle of the company, starting from its formation to funding to the end or death of a corporation. It follows a parallel track with the Business Administration and encompasses the matters related to corporate governance, business culture, and financial accounting. Click this link for law service.

Generally, business attorneys handle the issues arising from the non-adherence of any corporate law. Organizations hire business attorneys to efficiently manage the legal process related to litigation or transactions.

Career in Corporate Law is Very Satisfying

The life of any corporate entity is based on integrity, agility, and expertise. Business lawyers help fast-paced, market-driven companies to stick to these pillars of corporate governance, in addition to adding values of transparency, reputation, and privacy of information.

The salary in these fields is also very attractive.

• For example, a corporate lawyer engaged in accounting practices earns anywhere between 30-40 lakhs per year, which of course is a factor of years of experience and expertise in handling complex issues.
• Compliance manager with business law certification earn within a range of 10-12 lakhs per annum; an officer earns slightly more — 17 lakhs per annum.
• Chief Compliance Officers earn 5-6 times more than the managers.

Foundational and Advanced Corporate Law Courses

Business law basics are taught in the foundational course. The curriculum mostly includes an introduction to various business matters, and how organizational matrix is expected to function around these matters. Adjoining these basics, tax laws and accounting basics are also taught.

Advanced corporate law courses are designed specifically for corporate governance and the perennial challenges faced in these areas. For example, ethics, compliance, and litigations are found to be the most challenging aspects of corporate governance, in addition to international trade relations and taxation laws as per the company’s existing presence in various countries.

Generally, the Corporate Law course prepares a student to efficiently deal with internal laws and bylaws with special emphasis on the relations between finance, and shareholding entities.

Top Role in Business Law Domains

A certified corporate law degree opens up doors for you to become a Corporate lawyer. However, you could also pursue other titles, such as Human Resource Managers, Compliance Officers, Financial Analysts, and Administrative Law Judges.

For all roles, a Bachelor’s degree in law is necessary. To become a Business Lawyer and a judge, one has to earn an academic certification as a Juris Doctorate in addition to a law license.