Many of the students want to become a corporate lawyer because this offers high-paying jobs and a pool of opportunities to learn, grow and earn. This is a field where a person after doing LLB can get opportunity to make their careers in private and public firms. These lawyers role is to give legal advices, drafting and checking the work a company or an organization is doing is legally right.
To be eligible to become a corporate lawyer is that the candidate must complete their graduation in LLB stream or any integrated courses like BA LLB, BCOM LLB, and BBA LLB etc. This can add more to their CV when they have done LLM from a recognized college and should have an experience of working in internships while doing studies in their college is always a good step to take.
Steps to become a Corporate Lawyer:-
- Step 1:- Complete school education with any stream: Science, Commerce or Arts.
- Step 2:- Give CLAT examination.
- Step 3:- Shortlist Law colleges.
- Step 4:- Complete Bachelors in Law or an integrated Law Course.
- Step 5:- Take the Law college entrance test.
- Step 6:- Get into college.
- Step 7:- Develop skills and learn practically.
- Step 8:- Complete the Degree in any of the branch of legal study.
- Step 9:- Give the bar exam.
- Step 10:- Do your master’s (if want)
- Step 11:- Apply to law firms for a corporate lawyer and land a job.
Scope of Corporate Lawyer India
When you have the basic eligibility criteria then you can search jobs and opportunities which are suitable for you. In this field there are many areas where you can work like in law firms, institutions, corporate firms and Consultancies. The demand of Corporate Lawyers are rising and most probably this will increase in future too as they are in demand by companies, organizations and governments. Also in International business there are job opportunities for corporate lawyers. The various job roles for lawyers are:-
- Associate:- a junior lawyer under the partners who work under them and manage their legal working for the clients.
- Senior Associate:- An associate when get promotion, they become senior associate. This happen only when they have worked for years and have a responsibility towards their work. They deal with bigger clients and have a team to manage. You need to have leadership skills for this.
- Partner:- there are the most important part of the organization who take charge of the administration of law firm.
- In House Counsel:- these are the law advisors who work to check that whatever an organization do should be under the legal limits.
- Industry expert:- This job is held with a role of seeing that on organization work smoothly.
- Chief Legal Manager:- These are the legal experts who have a responsibility of taking care of legal matters. They also sometimes are like the face of representation of the company.
Roles and Duties of a Corporate lawyer in India
The corporate lawyers have some common sets of responsibilities which are like:-
- Assisting the legal framework for restructuring and selling companies.
- To negotiate with clients their contracts and agreements.
- Listing the company on the stock markets.
- Handling the employment law issues.
Skills required for a corporate lawyer:-
There are various skills which are required for the legal studies aspirants to become a corporate lawyer. Lawyers are nothing without these Skills.
There are various skills which are required to become a corporate lawyer with a demand:-
- Communication:- You should know the art of communicating well both in written and oral forms as this is the most required thing in this profession. Focus on communicating like a lawyer effectively and who holds a power to counter well in a civilized way and persuade people too which their effective way of communicating.
- Negotiation:- as we have read the above common responsibilities which a corporate lawyer much have an art of negotiating well which is yet as equally important and can result in effective persuasion.
- Problem Solving:- These people are always into complex and difficult problems and situations which needs a good ability to solve the problems making a good decision. To become a good problem- solver first they need to observe and analyze the problem well and then trying to solve it without being panic.
- Analytical and Critical thinking:- in this skill, corporate lawyers are expected to have a good skill to analyze the problem and evaluate everything related to it, which requires critical thinking of the situation.
- Research:- A lawyer should have an enthusiasm of researching which is not a very easy task. They need to be a good reader and also need to analyze it well. Developing a habit of reading complex things always helps. Like some people hate reading complex topics they should either feel a sense of excitement while knowing more and more of something. This is important aspect of becoming lawyer in any of the field as researching capabilities can be develop with time and experience.
- Good relationship building with clients:- Becoming a lawyer who have a good listening power, and then understanding it well and giving good solutions to their clients query can only make you a good lawyer in the eyes of your client. The client will market his or her experience with you, which will bring more clients. The relation is not about breaking the formal tone but depending on the case and situations being flexible, calm enough. The first rule of having a good relationship with clients is to try being a good listener and also a great observer.
Average Salary of Corporate lawyers:-
As salary may vary from company to company but seeing today’s time this job is in demand and it requires experience and knowledge to get good opportunities with time. The salary is not fixed for everyone it depends on what post you are in.
Though according to research, a fresher get somewhere between 15,000- 20,000 per month. It grows with experience and promotions also depends on the firms or organizations.
