The most obvious job choice when most people consider or discuss practising law is working as an independent advocate at one of the several courts in India. However, what most young people searching for the best law colleges in Mumbai fail to realise is that there is a tonne of opportunities in the field of corporate law, particularly for those who work as corporate lawyers for firms that they represent. There is a lot more stability in this field because, unlike independent practice, you are not constantly hunting for clients.
A corporate lawyer’s duties also include informing the board of directors of their legal obligations. Any organisation, whether private or public, can hire a corporate lawyer as its representation. A corporate lawyer’s responsibility is to make sure the business complies with the law.
The Function of Corporate Attorneys
Young lawyers with a law degree have great potential in the field of corporate law because there are many outstanding job openings. A corporate lawyer’s responsibility is to make sure the business they work for or for whom they are hired complies with all applicable laws and norms when conducting regular operations. An additional duty of the position for a corporate lawyer with a degree from one of the LLB colleges in Maharashtra is to represent the business in court if needed. Additionally, the attorney would give top management or the board advice regarding the current or future policies.
Possibilities for Corporate Law
Corporate lawyers with degrees from the top LLB colleges in Maharashtra may be employed by businesses or may be hired by legal firms to be on their payroll for various customers under positions like in-house counsel, legal manager, or others of a like nature. The average junior intern salary at a law firm is between Rs. 2 and Rs. 3 lakh per year, but it rises with a lawyer’s talent and ability. Experience increases the likelihood that you will be offered a position as in-house counsel by a business. In prominent positions, lawyers for businesses may earn up to Rs. 15 lakhs annually.
Given all these possible benefits, it should come as no surprise that a job as a legal counsel should be a choice that prospective graduates from one of the best law colleges in Mumbai find appealing.
