How to Become a Corporate Lawyer?

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Corporate Lawyer

Counted amongst the most lucrative options for a career in law, corporate lawyers work in an assorted range of organisations on the legal aspects and facets of the financial world. From working through the nuances of financial transactions, their standing in terms of domestic and international laws to supervising mammoth deals of takeovers, mergers and acquisitions, they act as vital wheels in running the industry. Further, the importance of corporate law is also being felt in emerging fields of cyber law and environmental law, amongst others. Parallelly, course offerings around the world have rapidly increased vying to cater to the demands of budding individuals. Read on to know how you can build a successful career as a corporate lawyer through this detailed blog.

Also Read: How to Become a Lawyer

Overview

Before diving into a discussion on careers, it is important to give an overview of corporate law as a discipline. In particular, it involves the development of hands-on knowledge and understanding of financial codes and regulations, preparation of legal documents and contracts, legal streamlining of operations, etc. Since it is a mix of finance and accounting with law, a solid grasp over both disciplines is an absolute must. Its various specialisations include stocks and securities, financial organisations, bankruptcy, zoning laws, intellectual property rights, tax and much more. Corporate lawyers now work not only in courts but also as legal counsels, legal advisors, attorneys, compliance experts and even company secretaries.

Also Read: How to Become a Company Secretary

How to Become a Corporate Lawyer: Courses

Core corporate law careers most often requires an advanced degree in law such as BBA LLB, LLB, LLM and a PhD in Law along with dual degrees which offer a mix of law with Public Policy, Engineering, Humanities or Public Health and a host of other spheres. 

  • LLB: This is a preliminary degree in law typically undertaken after earning an undergraduate degree. It introduces an individual to the fundamentals of legal concepts and procedures. Major corporate law subjects include torts, business law, company law, mergers and acquisitions and so forth.
  • LLM: Building further on the LLB degree, the Master of Laws program provides the much-needed edge and proficiency when it comes to corporate law. With options of specialisations in banking and finance law, bankruptcy codes, international corporate law, intellectual property law, budding corporate lawyers innumerable avenues to explore.

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How to Become a Corporate Lawyer: Universities

Law has been an indispensable part of course offerings at law colleges across the globe. Moreover, with the constant expansion of fields and especially in corporate and commercial law, they not only offer industry-inclined courses but also scores of opportunities to explore. Prospective students must know that in order to gain entry into such degree programs, the application procedure requires submission of official GRE/GMAT/LSAT or IELTS/TOEFL scores along with copies of official transcripts, CV, Statement of Purpose (SOP) and Letters of Recommendation (LOR), amongst others. Take a look at the following degree programs offered by some of the highly ranked universities across the globe.

Name of UniversityLocationTHE World University Rankings 2021Courses
University of
Edinburgh
UK30thLLM-Commercial Law
University of
Melbourne
Australia31stMaster of Banking & Finance Law
Master of Commercial Law
University of
Manchester
UK=51stLLM International Business &
Commercial Law
The University of
Sydney
Australia=51stBachelor of Commerce &
Bachelor of Laws – Business Law
The University of
Queensland
Australia=62ndPhD – Business and Commercial Law
MPhil-Business and Commercial Law
Master of International Commercial Law
University of
Bristol
UK91stLLM Law -Banking & Finance Law
University of
Glasgow
UK=92ndLLM Intellectual Property & Digital
Economy
University of
Sheffield
UK=121stLLM Corporate & Commercial Law
Brunel UniversityUK351-400Master of Law in International
Commercial Law

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How to Become a Corporate Lawyer: Skills 


In addition to a concrete grasp over law-related fields and specialisations, a corporate lawyer must also possess skills of:

  • Updated with the recent developments like law amendments in the field of law
  • Quick Decision Making
  • Excellent communication skills, especially oratory
  • A Hands-on approach
  • Research & Analysis
  • Critical Thinking
  • Exceptional Writing abilities
  • Negotiation and Liaison skills

Starting your career as a corporate lawyer requires an in-depth comprehension of the various concepts involved. Needless to say, a strong degree plays a vital role in this respect. Take assistance of Leverage Edu’s AI-tool which narrows down university choices based on your personalized skills and inclinations so that you make an informed decision towards a rewarding career.

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