If a law student wants to pursue a career option in this field then he/she should have proper knowledge of these different kinds of corporate law. The Corporate lawyers should have a good knowledge and understanding of various laws such as the contract law, accounting securities law, competition law, insolvency and bankruptcy code, intellectual property law, labour laws, licensing etc.
The corporate lawyer looks into the commercial transactions of the firm/company gives advice to corporations regarding legal rights and duties and it also includes the duties and responsibilities of corporate officers. CORPORATE LAWYERS:Ī Corporate lawyer is a lawyer who works in legal firm and who specializes in corporate law. In spite of not an early success and high remuneration the litigation sectors demand is huge and because of this reason, young Indian Lawyers gets attracted towards the opportunity to show their talent and secure high remuneration and fight for the betterment of the people. Earlier in the class of litigation lawyers generally practice at the home town but now things have been changed lawyers are now practicing in tier-1 and tier-2 towns.
So, generally, people get attracted towards the corporate sector. There has been always a shortage in the litigation field because the litigation field does not offer good remuneration like other law firms and corporate legal sectors. The corporate law firms have attracted number of law graduates with adequate potential from all law schools all around the country and the world. The firms and the law firms have given their contribution to highly transactional and litigation works. But way back in the time of independence only metropolitan cities like Bombay now Mumbai, Madras now Chennai had law firms. In 2020 you can find law firms at almost every cities over the country.
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