Career OverviewApril 3, 2020
Law as a profession is very diverse. Lawyers have many opportunities in various fields:
- Advocacy– Advocacy is one of the chief professions chosen by LLB graduates. Students choosing this path can practice in the courts. After qualifying the examination conducted by the All India Bar council, they enrol with All India Bar Council; they can opt to practice in any court across the country. Basic salaries for fresher’s start from 15,000/- per month whereas experienced lawyers can earn more than 1 lakh per month. These salaries are for lawyers practicing in the lower courts. Supreme Court lawyers earn as much as INR 50,00,000 for an appearance!
- Legal Advisor– After completing your LLB, you can become a legal analyst or join Law Firms, Private Companies, Corporate firms or Banks. Most large corporations and government organizations hire legal advisors. Banks like ICICI bank also pay in equal measures. The typical compensation is 10L for fresh graduates. You can provide advice on various legal matters and become in-house counsel. Furthermore, your legal expertise could also be used in NGOs. You can choose to become the legal advisor or in-house counsel and help the company with legal decisions. A lawyer can get an MBA after their LLB. This ensures a rewarding career in the C-Suite. Law graduates conduct analyses regarding the law sphere about the company and its functions.
- Corporate Lawyer– Corporate lawyers take home handsome compensation. The tier two firms such as Desai and Diwanji, Nishith Desai Associates (NDA), Wadia Ghandy and Co., Kochhar, and Co., Bharucha Partners, etc. pay between INR 40,000/month and INR 80,000/month. The top firms currently offer compensation packages of up to 14L per year for fresh associates. Some of the much sort after firms are Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas, AZB, Jyoti Sagar Associates (JSA), Trilegal, Khaitan and Company, Luthra & Luthra and S & R Associates. Compensation rises with seniority and partners typically have a compensation of 1Cr.
- Government Services– By clearing exams conducted by Public Service Commissions, a law graduate can become a judge. After gaining experience, a law graduate can hope to become Solicitor General, a Public Prosecutor or offer services to government departments and ministries. One can also work as a legal adviser for various Govt. Organisations. The prestige and respect accorded by society is unmatched.
- Career Abroad– Legal education in India is similar to the one in Britain. Whereas several universities in UK offer legal education to Indian students, Indians after appearing for the Bar in the UK practice in the UK courts.
- Judicial Services– Students are also free to work for the judicial machinery of Country as a Judge or Magistrate. This requires them to pass a judicial Services examination conducted by the Public Service Commission. Careers start as Magistrate, Sub-judge, or Munsif and the recruitments are through the Public Service Commission or under the supervision of the High Court. The Magistrate judges the Criminal cases and a Sub Judge decides the Civil Cases. Through promotion, these judges could become district judges and also attain higher posts the pinnacle of which is the Chief Justice of India.
- Legal Analyst– Law graduates could join law firms or corporate firms and conduct analyses regarding the law sphere about the company and its functions. Legal Analysts also participate in drafting various legal documents and assist attorneys in filing them with the registry of the courts.
- Legal Researcher– A legal researcher is responsible for researching various cases and helping lawyers get a deeper insight into the past cases for precedent and understanding legal nuances.
- Career in Arbitration– Arbitration enables opposing parties to settle a dispute out of court. An arbitrator, working independently or as part of a small panel, holds hearings, reviews evidence and renders decisions. These proceedings are similar to a trial, but more private and less formal. Since the decisions through Arbitration is faster, resolution of corporate disputes are usually pursued through this path. Earning a bachelor’s degree is the first step toward a career in arbitration. Highly experienced lawyers or business professionals with extensive knowledge of a particular industry or body of law are appointed as Arbitrators and is highly lucrative. Arbitration specialties include construction, real estate, insurance and labour relations.
- Teaching– On completion of your LLM and you have a flair for explaining and narrating different topics to a group of people then you could join as a faculty member in a University.