Hyderabad, Mumbai, Bengaluru, Ahmedabad

  Want to become a Commercial Lawyer? 
Here is some important information that will help you!

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Law is a popular choice for those who have an aptitude for understanding the law and reading lengthy legal documents. The field offers many specializations like Cyber Law, Corporate Law, Criminal Law, and Tax Law. 
Commercial Lawyers are the go-to people for companies to run smoothly while following strict legal procedures. 

Let us go through some of the important details related to Commercial lawyer.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

What is Commercial Law?

Commercial Law is a legal branch that deals with issues related to the sale and distribution of goods and transactions related it.

The attorneys specializing in Commercial Law have expertise in Business Law to help businesses work efficiently as per the set guidelines by the state or central judiciary.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Role of a Commercial Lawyer:

1. Reviewing business mergers.

2. Engages in a humungous amount of documentation.

3. Holding the designation of an in-house solicitor as big companies have a dedicated lawyer who handles company's legal matters.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Exams and courses you need to take to become a Commercial Lawyer:

1. In India the basic requirement is to have LLB as an undergraduate degree.

2. In order to pursue LLB degree students need to take the CLAT entrance exam whereas for overseas education they need to take the LSAT exam.

3. Besides the law entrance exam for studying abroad students need to take English proficiency test like IELTS/TOEFL/PTE.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Becoming a Commercial lawyer: Gaining experience by training contracts

Before becoming a full-fledged commercial lawyer, you need to complete a training program. If you apply for legal training while at university, the company that selects you will pay for the rest of your legal education.

You can apply for training contracts in 2 ways-
1. Apply at a law firm on open days.
2. Apply for law firms on campus.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

 Popular Commercial Law Firms:

1. Allen & Overy
2. Linklaters 
3. Slaughter and May
 4. Freshfields
5. Clifford Chance

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Salary of a Commercial lawyer:

UK- USD 31,600 - USD 157,400 ( INR 26 lakhs to 1 Cr.)

Canada- USD 46,300 - USD 117,200 (INR 38 lakhs to 96 lakhs)

Singapore- USD 143,700 (INR 1.1 Cr.)

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