Top 10 Jobs In The Legal Industry
Posted on December 18, 2009
What can you do with a law degree? The answer is “ALMOST ANYTHING”.
Hosts of job opportunities are available to the ‘Learned’ armed with a degree in law.
1. Corporate Counsel – One of the most lucrative career options with a high starting pay package, generally ranging between six to nine lakhs a year, not to mention incentives like accommodation, vehicles etc. Job profile would include drafting and negotiating contracts, ensuring compliance with law as well as the company’s interests, etc.
2. Litigation – The hardcore and glitz-filled career option for a law graduate is to “go into practice”. The traditional image of white-and-black-robed lawyer arguing in a court is etched in everyone’s mind who has ever watched a Hindi movie. It promises the greatest challenges, as well as the greatest rewards in monetary terms. However, the initial years can be a bit frustrating, as its not everyday that your hard work will be rewarded.
3. Law Firms – Another highly sought-after legal career, it offers a tempting deal in the form of packages which may go up to 10-12 lakhs a year. However, it entails a lot of hard work and a tiring schedule, including dealing with mergers, inter-company agreements, investment and financing etc. as well as litigation work.
4. Legal Process Outsourcing – The COOL career option for the GenY lawyers, LPOs entail working on outsourced legal matters, and are expected to experience a major boom in the next 4-5 years.
5. Business – Another option considered seriously nowadays by freshers out of law schools is a SHIFT in career to business management. Many are opting for an MBA, and corporates are slowly realizing that law schools do not produce only lawyers, they produce SMART PEOPLE.
6. Judiciary – This is the right choice for people with an inclination towards public service.
7. Academia – You can also go back to your alma mater and give it back what it has given to you. Lecture usually comes easily to those trained in national law schools. However, the initial pay package is comparatively less, and it is advisable to bag a Masters before going for it.
8. Company Secretary – A very upcoming and tempting field for law schoolites, many students are pursuing CS along with law, which gives them a better standing in terms of placements.
9. Media and Law – Another tempting option in terms of job satisfaction is a SHIFT to journalism, which is easy for a law student considering the research, analytical and writing skills developed in a law school. However, the package might be low compared to their counterparts in other fields.
10. Social Work – Tremendous job satisfaction awaits you if you are passionate about bringing about a change in the society. However, the financial security is low, and totally inadequate if you have a family to support.
Apart from these, other options are awaiting you like a career in the Government sector, or in politics, or even in international organizations like the UNO, the ILO etc.
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