Corporate Law is a very wide field that is becoming increasingly popular due to its unlimited opportunities. The best LLB Colleges in Ahmedabad, Mumbai, Pune, Delhi, etc offer the option to specialize in Corporate Law. Here are some of the key components of Corporate Law and a guide on how to start your career in the field.

Components of Corporate Law
Corporate Law is a vast field consisting of many different elements. Here are some of the popular components of Corporate Law.
Tax Law
Immigration Law
Employment law
Contract Drafting/Negotiation/Sales
Mergers and Acquisitions
Bankruptcy
Intellectual Property

Education
To start a career as a lawyer in India, you need to obtain an LLB degree. You have the option of doing a 3-year LLB program after completing your Bachelor’s degree or you can opt for a 5-year integrated LLB program after you finish the 12th standard. Once you finish your chosen LLB program, you can appear for the All India Bar Examination if you want to become an advocate and appear in court.

Admission to most Law Colleges is done through exams like CLAT and LSAT.

Many Master’s degree courses in Corporate Law are also available. An LLM degree in Corporate law is a popular option. You can specialize in a niche field in your Master’s course. After completing your Master’s degree, you can also do a PhD in Law.

Career Prospects and Salary
Corporate Lawyers need to have knowledge and skills in many different fields related to Corporate law. Large firms hire many different corporate lawyers and each specializes in one or two fields.

Your potential employers could be Law Firms, Business Consultancy Firms, Multinational Corporations, etc.

Your salary largely depends on the amount of experience you have. You can expect a healthy increase in salary as you gain more years of experience. Another key factor is the university you graduate from. If you obtained a degree from a substandard law school, you will not get such a high salary. A corporate lawyer working in a large company can expect a salary of more than 12 LPA. The best lawyers earn more than 1 crore per annum.

Conclusion
All in all, Corporate Law is emerging as a very lucrative and promising career option where the possibilities are endless. As more and more foreign law firms are setting up offices in India, the job opportunities for capable corporate lawyers are increasing. It is not an easy job and could have long hours, but it is promising and rewarding.

Nirma Law College is an LLB College in Ahmedabad offering a variety of law courses that will prepare you for a thriving law career.