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Updated on 13th June, 2023 , 10 min read
Corporate law is a well-known subject in India that provides a thorough grasp of single proprietorships, organizations and companies, partnerships, and so on. Corporate law teaches students about the legality of business activities, submitting taxes, handling government reporting, establishing corporate agreements, and so on. Corporate law is a well-regarded study all across the world. It consists of practices, conventions, rules, and laws that control the form and operation of business enterprises.
Corporate law encompasses the rules, customs, and laws that regulate the establishment and operation of businesses. Thus, Corporate Laws deal with the formation, ownership, operation, and management of a corporation. Candidates in the legal specialization often study the interactions between firms, investors, employees, shareholders, directors, creditors, and other stakeholders such as the community, consumers, and the environment. A corporate lawyer may work for a large or small company. A corporate lawyer often advises clients and conducts commercial transactions such as contract negotiation, writing, and evaluation of contracts and other agreements related to the company's/operations business, such as mergers, acquisitions, divestments, and so on.
The following are some essential Corporate Law Courses short facts-
Corporate law is available at all levels, including UG, PG, and Diploma certificates. Corporate law allows students to increase their employability. The table below summarizes corporate law in considerable detail-
Parameters |
Corporate Law Course (UG Level) |
Corporate Law Course (PG Level) |
Course |
BBA LLB (Hons) BCom LLB BSc LLB |
LLM in Corporate Law LLM in Corporate & Business Law LLM in Corporate & Commercial Law LLM in Corporate & Securities Law |
Duration |
36-60 months |
12-24 months |
Admission Criteria |
Merit & Entrance Based |
|
Corporate Exam Fees |
INR 50,000-1,00,000 LPA |
INR 2,50,000-6,00,000 LPA |
Corporate Exam Jobs |
Lawyer, Lecturer, Law Officer, Legal Administrator, and Legal Counsel are all examples of legal positions. |
Corporate Lawyer, Legal Counsel, Associate Advocate, Corporate Events Associate, and Legal Advisor are all job titles. |
Corporate Exam Salary |
INR 10,00,000 LPA |
INR 20,00,000 LPA |
One of the most well-known legal fields is corporate law. Corporate law specialists are in high demand both in India and internationally and can find attractive employment prospects. Some of the advantages of studying corporate law are as follows-
There is a surge in career opportunities in the financial industry, business sector, law companies, and so on. These businesses are expanding every day, and consequently, the career opportunities for corporate law graduates are expanding.
After passing corporate law, one might pursue higher education to improve their abilities and gain employment in well-paying businesses. LLD, MBA, and other further education opportunities are available after finishing corporate law courses. These courses also aid in progressing up the ladder.
After finishing the Corporate Law program, graduates might earn anywhere depending on their talents.
Individuals who complete the Corporate Law program have the option of using their degree and developed skill sets to practice independently and start their own enterprises or corporate law firms.
The following are some of the points to consider for a career in corporate law-
Corporate law is the study of legal and external affairs issues, mergers and acquisitions (M&A), and how shareholders, stakeholders, consumers, and other parties participate in transactions and interact with one another both internally through corporate governance and externally through commercial transactions. Corporate attorneys may work for a medium or big legal firm, or for a regulatory authority such as SEBI, IRDAI, or RBI. Corporate law is critical to regulating and administering a country's business-related legal processes. The following are key points concerning the practice of corporate law in India-
When a company is involved in litigation, it is referred to as "corporate litigation." Corporate lawyers that work in this area take steps to avoid litigation as well as handle corporate issues with other corporations.
It is one of the fields of corporate law. Lawyers that specialize in this area guarantee that the corporation's rules are followed. Lawyers can serve as
To pursue corporate law, candidates must meet the law school's basic eligibility requirements in order to be admitted to corporate law courses. Each law school has its own set of qualifying requirements that must be met. The exact specifics of the eligibility requirements for pursuing corporate law that students must satisfy in order to enroll in the corporate law course are listed below-
To pursue UG Corporate Law, the candidate must have completed the Class XII examination or an equivalent examination from a recognized board. To get admitted to the UG Corporate Law Course, candidates must have obtained a minimum score of 50%- 60% in the qualifying examination.
Candidates must have achieved an LLB or an equivalent degree to be eligible for postgraduate study in corporate law. To get admitted to the PG Corporate Law Course, candidates must have obtained a minimum score of 50%- 60% in the qualifying test. Candidates with a 5-year Integrated Law Course are also eligible for admission to the PG Corporate Law Course.
Many law schools have their own set of qualifying requirements that must be met before admission to that specific law school. Law school focuses on many parameters that a candidate must meet in order to be admitted to study corporate law.
Corporate law admissions are handled differently at each law school. An applicant is shortlisted based on the law college's selection procedure. The following are the factors that law schools assess before enrolling students-
The following are the entrance tests necessary for admission to law schools in India-
The complete Corporate Law course differs from college to college and level to level. The following are some of the Corporate Law Subjects and Syllabus below-
Corporate law course fees differ depending on level and college. Corporate law course fees range from INR 50,000 to 1,00,000 LPA at the undergraduate level. The price for a PG Corporate Law Course is INR 2,50,000 and 6,00,000 LPA. The fees for the Diploma in Corporate Law Course range from INR 15,000 to 30,000. The fees for a doctorate in corporate law range from INR 1,50,000 to 2,50,000.
The following are the best universities that provide corporate law, along with their location and corporate law fees-
College Name |
Location |
Fees (INR) |
Coimbatore |
Rs. 4,000 |
|
Indian Law Institute |
New Delhi |
Rs. 26,500 |
Kirit P. Mehta- School of Law |
Mumbai |
Rs. 1.25 lakh |
Hyderabad |
- | |
National Law University |
Jodhpur |
Rs. 1.82 lakh |
New Law College- Bharati Vidyapeeth Deemed University |
Pune |
- |
Bangalore |
Rs. 2.88 lakh |
|
Bhopal |
Rs. 1.70 lakh |
|
Tamil Nadu |
Rs. 80,000 |
|
Sonepat |
Rs. 3.50 lakh |
|
Patiala |
Rs. 2.40 lakh |
|
Lucknow |
Rs. 1.20 lakh |
|
Pune |
Rs. 21,500 |
|
Bangalore |
Rs. 1.30 lakh |
|
Visakhapatnam |
Rs. 1.05 lakh |
|
New Delhi |
- |
|
Chennai |
Rs. 85,000 |
|
Kolkata |
Rs. 1.90 lakh |
The following are some of the most common Corporate Law Jobs with their salary in which one may excel-
Job Profile |
Description |
Salary (INR) |
Associate Advocates |
They handle and resolve legal problems on behalf of their clients by, among other things, negotiating contracts and resolving claims. |
Rs. 3 - 5 LPA |
Business Lawyer |
They advise clients on relevant laws and best practices and represent them when a problem develops in a corporate setting. |
Rs. 5.50 - 7 LPA |
Corporate Events Associates |
They handle meetings, conventions, and events, as well as organize all aspects of events and professional gatherings. They investigate meeting places, transportation, and other associated issues. |
Rs. 2.5 - 5 LPA |
Corporate Lawyer |
They guarantee that all transactions are commercially lawful and are well-versed in the statutory norms and regulations enacted by the country's government. |
Rs. 3 - 7 LPA |
Law Administrator |
They assist attorneys in a firm or organization by performing the tasks that have been delegated to them and doing research, creating papers, managing schedules, and investigating the administration's day-to-day activities. |
Rs. 3 - 7 LPA |
Legal Advisor |
They strive to provide legal counsel to any business, conflict, or individual with contractual and regulatory issues. |
Rs. 3 - 6 LPA |
Legal Counsel |
They represent an organization/individual in legal disputes and advise the board of Directors and executives on legal issues. |
Rs. 5 - 8 LPA |
Legal Publisher |
Someone who makes a legal thing public by himself or by his agents; someone who distributes legal books, legal pamphlets, and other legal publications. |
Rs. 1.70 - 3 LPA |
Lecturer |
After earning a PG degree in corporate law, one can work as a lecturer at a college or university, teaching corporate law to students and preparing them to lead their careers in corporate law. |
Rs. 4 - 7 LPA |
The following table lists the finest corporate law certificate programs available on various online platforms-
Certificate Name |
Provider |
Duration |
Fees (INR) |
Corporate and Business Law |
Udemy |
14 Hours |
Rs. 6,400 |
Corporate and Commercial Law |
Coursera |
23 Hours |
Paid Certificate |
International Business |
Coursera |
8 Hours |
Paid Certificate |
Successful Negotiation |
Coursera |
19 Hours |
Paid Certificate |
Many legal businesses, organizations, and educational institutions recruit corporate law graduates. Some recruiters engage corporate law specialists to provide legal guidance, while others seek corporate law graduates to instill the rule of law in young minds. Top Corporate Law recruiters are listed below among the numerous recruiters-
Knowledge of corporate law may help a person develop in their job and earn a decent corporate law salary. The following skills are included in the corporate law skill set-
Although many individuals mistake Corporate Law with Business Law, there are substantial variations between the two legal specializations. Here are some of the differences-
In India, corporate business is rapidly increasing, and each major choice requires the assistance of a corporate lawyer. Corporate attorneys are in great demand. Being a corporate lawyer in India is a prestigious position. Corporate law salaries in India range from INR 2,50,000 to INR 1,000,000, depending on experience and competence. Corporate law jobs are available in both the private and semi-private sectors. Corporate legal jobs can also be obtained via law firms, corporations, banks, sole proprietorships, and other organizations.
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By - Lipi Kaushik 2024-02-26 17:16:11 , 5 min readAns. CLAT, AILET, SLAT, LSAT India, TS LAWCET, AP LAWCET, DU LLB, BHU LLB, and other major legal entrance examinations in India are utilized for admission to corporate law programs.
Ans. The length of a corporate law course is determined by the degree for which you are applying. A certificate course can last up to 6 months, but a UG degree can go up to 5 years.
Ans. Yes, provided you meet all of the eligibility requirements, you can pursue a career in the judiciary after specializing in corporate law.
Ans. After completing a UG study in Corporate Law and beginning a career as a Corporate Lawyer, you may expect to earn between Rs. 3-5 lakh per year. If you are employed by a top legal firm, your annual compensation might be up to Rs. 8 lakh.
Ans. No, having an LL.M. in corporate law is not required for corporate lawyers. Candidates with a UG legal degree such as an LL.B. or an integrated law education such as a BA LL.B., a B.Com. LL.B., etc. can also become corporate lawyers.