Postgraduates in Corporate and Commercial Law hold plenty of career options. LLM Corporate and Commercial Law has a boosting International appeal. India abandoned the post-colonial License Raj system for a system based on free-market principles in the last three decades.
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Here is some information As per Market Data
● Health care, insurance, are expected to recruit corporate law departments and law firms.
● As per the market data, clients mainly call for lawyers with one to five years of experience, where compensation ranges from $50-$150 per hour for privacy, health care, and tech niche corporate transactional attorneys. For higher-volume loan processing work and paralegals, it ranges $20-$40 per hour.
● Lots of Junior Lawyers from paralegals are getting hired for Small Business Administration and stimulus programs on loan processing and documentation assignments at financial services employers.
● As per the global industry trend, the average industry growth for Corporate and Commercial Law is 3% from 2014-2019. The industry is performing well over 2019, which is growing at an annualized rate of 3.0% to $155.8 billion, including an estimated jump of 2.1% in 2019. It is due to the increasing role of the profit of the Corporate Industry.
● Marketers forecast that industry demands will also grow as corporate profit increases. The Law firms in the industry vary in size and scope along with the services related to antitrust and competition, intellectual property, litigation, and restructuring.
● The global industry of Corporate and Commercial Law has performed well over the five years to 2019. This sector is growing at an annualized rate of 3.0% to $155.8 billion, including an estimated jump of 2.1% in 2019.
Some of the most common job roles are the professionals of LLM in Corporate and Commercial Law are
● Legal Counselor- Legal Counselor gives the legal advice to clients, draft necessary legal documentation as per clients’ requirement.
● Corporate Lawyer- Corporate Lawyer is responsible for handling the business operations, the decision in a legal way.
● Civil Judge- The civil judge is responsible for assuring the law is followed and carried out in every case.
● Enforcement Officer-They is responsible for safeguarding the legality of commercial transactions. Their duty includes representing companies as well as advising corporate employees of their legal rights and duties.
● Lawyer- A corporate and Commercial Lawyer provides assistance to his clients in case of any legal disputes. They ensure that a company’s transaction complies with the Corporate Law.
The salary of India for the specialists in Corporate and Commercial Law varies ₹ 25,480 per month to ₹ 33,516 per month. The average salary varies ₹ 22,987 per month