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Corporate Law
Is corporate law a good choice as a profession ?
( For someone who is very new to the business environment ) #business #law #lawyer
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4 answers
Updated
Gunjan’s Answer
Hi!
I haven't studied corporate law, but just wish to share my perspective based on my experience in the corporate world.
You can study/major in corporate law, but in my experience there are very few positions in any corporation that require a Corporate Law degree, so it's a very niche area. If you choose to proceed, it could be a struggle at the start as obviously these few positions require more experienced resources. You may join law firms at the start and then once you've gained experience, move to corporates that offer Legal Counsel kind of roles.
I wouldn't discourage you from pursuing corporate law if that's your calling.
Good luck.
I haven't studied corporate law, but just wish to share my perspective based on my experience in the corporate world.
You can study/major in corporate law, but in my experience there are very few positions in any corporation that require a Corporate Law degree, so it's a very niche area. If you choose to proceed, it could be a struggle at the start as obviously these few positions require more experienced resources. You may join law firms at the start and then once you've gained experience, move to corporates that offer Legal Counsel kind of roles.
I wouldn't discourage you from pursuing corporate law if that's your calling.
Good luck.
Updated
Aloysius’s Answer
Corporate Law is quintessential to setting up enterprises, ongoing business operations and future growth ambitions of any given enterprise. Given the affects of poor governance structures held at businesses or enterprises that either led to corrosion of share-holder value, at times even massive losses which took the enterprise to closure.
It's a great space to be in with your recently acquired knowledge, we all have to start someplace and every established Corporate Legal counsel, recruiters know that. Business environments keep changing and the pace is now being set with the corresponding impact of Covid-19 to businesses and enterprises alike. Remember the law in its spirit and practice is for the common good of society, businesses, enterprises and the country or countries within which we operate. It is a noble profession that challenges one to have the hunger to do the right thing, resolve to stay the course and passion to never give up!
So by all means remain optimistic and keep pushing on the job application front (even if it's a summer job, internship or full-time).
Wishing you every success.
Best,
Al
It's a great space to be in with your recently acquired knowledge, we all have to start someplace and every established Corporate Legal counsel, recruiters know that. Business environments keep changing and the pace is now being set with the corresponding impact of Covid-19 to businesses and enterprises alike. Remember the law in its spirit and practice is for the common good of society, businesses, enterprises and the country or countries within which we operate. It is a noble profession that challenges one to have the hunger to do the right thing, resolve to stay the course and passion to never give up!
So by all means remain optimistic and keep pushing on the job application front (even if it's a summer job, internship or full-time).
Wishing you every success.
Best,
Al
Updated
Walt’s Answer
Corporate law is a very lucrative career and a great calling for many people... but, as is true with many demanding career paths, it's not for everyone!
In the US, it requires taking the LSAT, applying to law schools (and writing all of the essays and paying all of the fees associated with that process), passing the bar licensing exam, and applying for selective jobs to get started, so the barriers to entry are quite high. Many who pursue careers in corporate law work for law firms where the hours can be quite long. These prerequisites and demands are high, so it's critical to closely examine what is important to you and what you enjoy.
What type of work do you most enjoy? In which types of work environments do you thrive? Are you willing to pursue an advanced career to get started? What is your ultimate goal or dream job?
When I considered a career in law (and applied to joint JD/MBA programs), I decided to reach out to and speak with several current and former law students and attorneys. I learned a lot from my discussions with them and ultimately decided not to go to law school to pursue a career in corporate law because most of my interests lie in general management and business operations. I wanted "to be able to think like an attorney" but figured that I'd probably only practice law for a few years and then pursue a career in business. The costs - in both time and money - were ultimately too high for me to justify it given my objectives.
I'd strongly encourage you to have similar conversations. You'll learn a lot more about the field, what the day to day job looks like, and even about yourself by having these discussions and carefully considering those core questions. Good luck to you as you consider your career path!
Network with current law students
Network with current corporate lawyers
Network with former lawyers who practiced, but later left a corporate law firm for business opportunities
In the US, it requires taking the LSAT, applying to law schools (and writing all of the essays and paying all of the fees associated with that process), passing the bar licensing exam, and applying for selective jobs to get started, so the barriers to entry are quite high. Many who pursue careers in corporate law work for law firms where the hours can be quite long. These prerequisites and demands are high, so it's critical to closely examine what is important to you and what you enjoy.
What type of work do you most enjoy? In which types of work environments do you thrive? Are you willing to pursue an advanced career to get started? What is your ultimate goal or dream job?
When I considered a career in law (and applied to joint JD/MBA programs), I decided to reach out to and speak with several current and former law students and attorneys. I learned a lot from my discussions with them and ultimately decided not to go to law school to pursue a career in corporate law because most of my interests lie in general management and business operations. I wanted "to be able to think like an attorney" but figured that I'd probably only practice law for a few years and then pursue a career in business. The costs - in both time and money - were ultimately too high for me to justify it given my objectives.
I'd strongly encourage you to have similar conversations. You'll learn a lot more about the field, what the day to day job looks like, and even about yourself by having these discussions and carefully considering those core questions. Good luck to you as you consider your career path!
Walt recommends the following next steps:
Updated
Sandeep’s Answer
With India increasingly seeing a lot of startups in today's time, i think professionals with knowledge on Corporate law and related matters, are in demand more than ever. A lot of these startup requires this skillset to hand hold them with legal matters, contractual agreements and other due diligence prescribed by the Government of India, while the core team can concentrate on growing their business by improving their products/services. This skill set is niche and in demand. Good luck!