Representing a company in any form is always fascinating and poses a considerable challenge to the person. When it comes to legal issues, the job role is accentuated even more. A Career in Corporate Law is something that not a lot of people know about. However, after a monumental grind, the illustrious career of handling a company’s legal presence begins.
The many facets of the famous corporate law have taken the legal world by storm. People who are genuinely interested in making their presence felt in the judiciary have never been so intrigued before. We can count globalisation and liberalisation of markets to the rise of this specific branch of law, directly or indirectly, as far as India is concerned.
A BA LLB Course isn’t the only thing that you would need to succeed in the scheme of things. After going for a graduation program for Law Studies, one needs to pick their suitable specialisation as well. Since Corporate Law is a vast subject and covers a lot of avenues, picking a specialisation would ease the pressure on individuals and in turn, provide companies and corporations with skilled individuals in specified fields.
Why Go For The Golden Goose – A Career in Corporate Law
Now, it is not always that you would find someone solely preparing themselves to go for a career in Corporate Law. In fact, until a decade or two ago, people weren’t considerably interested in it until the markets opened. Globalisation was the key to the massive Indian consumer base.
Giving way to many new as well as established companies, the need of legal experts for themselves increased exponentially. As we all know, there are different types of companies such as:
- Private Ltd Company
- Public Ltd Company
- Unlimited Company
- Sole proprietorship
- Partnership
- Cooperatives
- Limited Liability Partnership(LLP)
- Liaison Office
- Branch Office
- Project Office
- Subsidiary Company
Depending on the type of company, employers, owners and founders started appointing a legal advisor or two who would take care of all of the discrepancies that might arise in their various activities. A new form of employment rose in India. The seemingly consistent growth in the number of companies, as well as their need for a Legal Officer, meant more salaries.
Whenever money is involved, at least more than the amount it should be, things start gravitating for the betterment of the entire ecosystem. Apart from this, it is a pretty straightforward job. There are no hidden agendas to deal with. People have to go with the simple approach of finding a task and fulfilling it.
Generally, a Legal Officer would have to take care of these things:
- Government reporting
- Corporate structure issues
- Mergers and acquisitions
- Employment law
- Corporate taxes etc.
One of the most important aspects of being a legal officer is to make sure that the two-way road of both the authorities as well as the consumers are not having any hassles. Governments or Authorities need to see whether companies are abiding by the said rules and regulations or not. This is certainly a key area to focus on the Officer.
On the other hand, people might have trouble or two with the goods or services that the company is providing. Without escalating the tensions between either party, the Legal Officer must settle the dispute.
About Xavier Law School Bhubaneswar
Odisha, especially Cuttack and Bhubaneswar are both the educational hubs of the state. It is not at all a surprise to say that these two cities have the highest number of esteemed colleges and universities, including Law Studies. Now, Xavier Law School Bhubaneswar, one of the constituent schools of Xavier University Bhubaneswar is on the way to becoming one of the topmost Law Schools of the state even in the presence of other famous universities.
This school was established to educate, train and develop preciously talented young persons to socially responsible law professionals. The school equipped with digitally enable modern Moot Court Hall and e-Pathsala imbibes academic excellence through rigorous teaching, scholarly research and innovative application of knowledge.
The game of specialisation and intricacies has begun all over the world. Reacting to the current environment as well, XLS provides some of the finest online classes for its students from lecturers and instructors who are well versed with the required skill set. Embark the journey of making a Career in Corporate Law at XLS and reach stupendous heights in the corporate world.