India’s corporate sector has been developing at an incredible pace in recent years, and contributes to over 50 percent of the country’s GDP. It is indeed the backbone of our economy and offers immense career and growth prospects for corporate lawyers both in the government and private sector. The demand for good corporate lawyers, especially those who have successfully graduated from top private law colleges in Kerala like Nehru Academy of Law, is always on the rise. After completing a 5-year integrated programme in either BBA LL.B or B.Com LL.B, individuals can choose to practice in any area of corporate law, and can easily find rewarding careers in a reputed law firm, MNCs, banks, asset management companies, insurance firms, and so on.
Broadly speaking, corporate law deals with the internal behaviour of companies through corporate governance, where they advise employees of their legal rights and duties, as well as external interactions like safeguarding the legality of commercial transactions. A corporate lawyer can thus represent corporations, associations, sole proprietorship, and partnerships where they oversee legal matters and external affairs that encompass litigation, mergers and acquisitions, compliance, contract matters, and so on.
Corporate law firms are the most popular choice among graduates where they will be involved in drafting agreements, providing legal advice on corporate law-related matters, etc. Many individuals also opt to pursue corporate litigation that seeks to address the numerous legal problems a corporation may face over time, including disputes between the employer and employee, contract violations, and deceptive practices.
In-house lawyers are also becoming a favoured career choice because unlike in a law firm, the employee will have only one client, the company that employs them. It can also be slightly less stressful as the employee doesn’t need to bring in new clients for the firm. In-house counsels deal with transactions, acquisitions, contracts, and even international law, as an increasing number of corporations have a global presence. On the whole, we can say that a company’s in-house legal team usually tends to be generalists.
On successfully graduating from the top private law colleges in Palakkad and Thrissur, one can also find employment opportunities in regulatory bodies like Securities and Exchange Board of India, Reserve Bank of India, Insurance Regulatory and Development Authority of India, Competition Commission of India, and Pension Fund Regulatory and Development Authority, where the role involves liaising with the different departments as well as being part of a team that investigates matters related to IPO irregularities and other scams.
Corporate restructuring, where the organisational structure of a company is revamped to make it more efficient and profitable, is another major area where corporate lawyers can seek rewarding careers. With rising competition, companies are actively looking to maximise their revenues by merging with other businesses, acquiring rivals or startup companies, or even letting go of some of their existing portfolio. In this scenario, one will have to make sure that the restructuring process is carried out by adhering to various corporate laws and regulations, or even help with the advice, investigative checks, and necessary financing required for mergers and acquisitions and provide advice concerning the drafting, negotiation, and performance of contracts for the sale of portions of the business. As a corporate lawyer, you can provide counsel in matters of refinancing, transfer of technology and intellectual property from one company to another, legal compliance, sort out complex bankruptcy and insolvency issues, and so on.
After successfully graduating from the best law academy in Kerala, which comes under the Nehru Group of Institutions, you can also pursue a fruitful career in the world of corporate litigation. It is an intriguing and exciting branch where companies litigate, try to avoid litigation, and even manage disputes in the corporate world. The scenarios are plentiful, ranging from real estate problems and ensuring compliance with anti-discrimination laws to settling breach of contract issues and even settling labour disputes with unionized workforces as well as with regular employees.
The leading law academy in Palakkad and Thrissur also prepares you for the rapidly growing world of intellectual property. Competent in the rules and legislations that deal with intellectual theft, specialised corporate lawyers demonstrate their skills in everything from filing a patent application and defending trademarks to writing licensing agreements and presenting cases before a patent board. Various fields like internet, e-commerce, biotechnology, and pharmaceuticals show great demand for this particular skill.
If you have a knack with money, the banking and finance sector can be a good option, wherein you deal with many aspects like structured products, debt restructuring, project and leveraged finance, and syndicated lending. Another area to consider would be international capital markets, a sector where the ideal candidate would cooperate with banks, venture capitalists, and asset management companies in order to provide solid advice – covering IPOs, foreign currency convertible bonds, and private placements – to their clients. One would need to have an extensive understanding of our country’s specific regulatory policies in order to be successful in private equity and venture capital transactions.
If you are keen to practice law, keep in mind that the corporate world is among the most financially rewarding choices, and the earnings will keep on increasing with experience. A BBA LL.B or B.Com LL.B degree from Nehru Academy of Law is the best way to prepare yourself for success in this exciting career prospect.
