Expert says on career in corporate law
Updated on Nov 4, 2014 - 10:47 a.m. IST by Apratim Chatterjee
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Corporate Law is surfacing as a new career option beyond general practices. Careers360 has been conducting special series of articles on Corporate Lawyers.
From the special series of articles on Corporate Lawyers, Careers360 brings you another professional interview. In this interview, Rabindra Jhunjhunwala, Partner, Khaitan & Co. shares his mind on career as a corporate lawyer.

Rabindra-JhunjhunwalaRabindra Jhunjhunwala also talks on life of a corporate lawyer and the earning potential. The corporate lawyer has also shared tips to those who wish to choose this emerging profession.

Excerpts of Interview –

Careers360: How is life of a corporate lawyer?
Rabindra Jhunjhunwala: In the profession, the pressure starts early; most of the law firms, the most lucrative career for a lawyer are extremely goal focused and highly competitive. Right from academic background to the quality of work, time management, ability to interact with clients, and in the later phase of career, the ability to rain make are key qualities to succeed. A corporate lawyer has to continuously stay abreast with legal skills, work long hours and keep connected with the clientele. The profession is highly demanding in terms of time and stamina and communication skills. Equally important is the need to create your brand both in terms of quality, trust and specialization of service.

Careers360: What is the earning potential?
Rabindra Jhunjhunwala: The upside of the profession is usually good compensation, the added advantage to work with smart people from the profession and business honchos and travelling to international locations for closing deals. Most of the top-tier Indian Law Firms pay very lucrative compensation through campus hiring, with starting packages ranging from 12 to 15 Lakhs. Even corporates pay good amount of starting pay to hires from top law schools. Later it depends entirely on performance.

Careers360: What are the other related fields where a corporate lawyer can find himself apart from joining law firms and corporate houses?
Rabindra Jhunjhunwala: A corporate lawyer can get jobs in

  • Law Firms
  • Large Indian conglomerates involved in Infrastructure,
  • MNCs in FMCG or BFSI
  • PE Firms
  • Investment Banks
  • Business and Strategy Consulting Firms
  • Accounting Firms
  • RE Companies
  • LPOs
  • Teaching in top rated Law Schools or
  • Being an entrepreneur to start own Law Firm

Careers360: Share your tips with the aspirants who are seeking a break in this field?
Rabindra Jhunjhunwala:

  • Prepare hard for CLAT and try and secure admission to top 5-7 Law schools of the country
  • While in Law school aspire to be outstanding in studies, not just good
  • Use every opportunity during graduation to do internship under top lawyers or in top law Firms
  • Socialize and get involved in various co-curricular and extra -curricular activities
  • If finance and time permits do get first-hand experience on interning in a good foreign law Firm/MNC to understand best practices
  • Develop meaningful relationship with  senior alumni and find a mentor for informal guidance
  • Always stay updated on current affairs, pick-up the habit of reading business magazines, Law Journals and Newspapers, business papers
  • Make most of your time at law school and especially during internships to map your career plan and work systematically towards the same
  • In case you plan to undertake an LLM degree, gain couple of years’ experience and then target the correct course and university
  • Plan ahead

Stay tuned to law.careers360.com for more news and feature articles on Career in Corporate Law

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Questions related to CLAT

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3 Views

what do we get after clearing CLAT exam?

Shubhangi sinha 20th Jan, 2020

Hello Utkarsh,

After clearing CLAT, one can get admission in NLUs and other goverment and good private colleges for pursuing law courses.

CLAT is a exam which conduct by NLU.

There are so many career opportunities available in this field. One may become judge, advocates,work in law firms etc.

Good luck,

Hope it helps :)

4 Views

what are the subjects in which we should have commond to crack CLAT

Snehlata Sinha Student Expert 20th Jan, 2020

Hey

The sort of readiness that CLAT requests is dynamic and requires smart work with proper analysis. An aggregate of the five areas are shrouded in the different decision question that incorporates Aptitude, English, Logical Reasoning, General Knowledge / Current Affairs, and Elementary Mathematics - Numerical Ability.

Distinctively the CLAT test is directed for two hundred marks so you have to get ready for expanding most extraordinary scorekeeping as a main priority the last objective to get the spot from driving law college.

Now coming to specific areas:

GK and Current Affairs: Aspirant should be regularly in touch with the reading of newspapers, recollecting key identities, occasions, and honors is a helpful strategy in planning this segment. This part basically keeps an eye on the competitors learning in the current undertaking. The due importance is given to the current affairs and hence a candidate needs to read, listen, and watch NEWS on daily basis to stay updated with the latest in NEWS. Take up this area in a putting out fires mode. . In any case, prioritise to the most recent months (1st Half of the year).

Legal Aptitude: The applicant ought to likewise have an intensive reading of the constitution and an unmistakable comprehension of the Indian Penal Code. Here, it requires a deep understanding of the different sections used in the court of law.

Here start with the topic: Constitutional Law. Understand the basics and then solve questions.

Next, move on to the topics: Law of Contracts, Law of Torts, List of legal terms and maxims.

Finally come to Criminal Law

Elementary Mathematics: Practise has always been the key in MathYou need to make sure that topics like Ratio and Proportion, Percentages, Time and Work, Time, Speed and Distance (Problems on Boats and Streams, Trains), Averages, Problems on Ages, Profit, Loss and Discount should be done. These are easy compared to topics like number system and algebra. So, complete these first.

Logical Reasoning: Logical reasoning test is to discover law hopeful’s capacity to distinguish designs, consistent connections, and amend strange contentions. Topics like Blood Relations, Analogy, Directions and Distance, Logical Sequence, Syllogisms, Odd one out, Statements & Arguments/Statements & Conclusions. These are easy when compared to topics like puzzles.

English: Aspirants need to require the fundamental perception of the language. The knowledge required in this area can be improved easily by a general newspaper, magazines, and books from good writers. The more you read the more you add up to your knowledge bank. Make it a habit to study regularly the different types of the English sources.

Reading comprehension is the key in this section.

Regular practice from online sites can easily help you master it and increase accuracy.

Then do the topics like spot the errors, fill in the blanks with appropriate words, close test.Some general practices

Take frequent mock tests so that you can analyze your performance + it also acts as a learning tool. Wherever you go wrong, make sure you spend some time in analyzing those areas.

Try to identify your areas of strength and weakness. Decide now itself the sequence of sections while attempting the paper.

Time management is also important.

Hope this helps.

2 Views

is there is any need to take maths in class 11 for to preparation of clat on new syllabus?

Yashu Shrivastava 19th Jan, 2020

Hello Shantanu

It is not mandatory to take Mathematics in 11th class to appear for 12th exam.But it will help you a lot if you have Mathematics in your +2.Because in new syllabus there are many topics of Mathematics which is related to 11th and 12th syllabus.

I Hope this Helps

Best Of Luck For The Exam !!!

5 Views

do clat nlu merits will be based on my board marks or only clat marks

ayush mishra 19th Jan, 2020

Hey Ayushman!

In order for you to appear for the Common Law Admission Test, you would have to clear the eligibility criteria of the exam. One of the points in the eligibility criteria states that a candidate should have passed in 10+2 or an equivalent exam from a recognized board and general category students should have secured 45% in the qualifying exam while for SC and ST candidates, 40% in qualifying exam is necessary.

As long as you clear this and also the other eligibility criteria, it isn't any problem. Clat NLU results or merits are decided only on the basis of your CLAT Scores and your board marks would not have a say in it. However, it is advised to not take boards lightly as poor academic records would surely affect you in the longer run.

For more information about CLAT2020 and the eligibility criteria, refer this link https://law.careers360.com/exams/clat

Hope this helps.

18 Views

is there still in 2020 one and only clat the way to get addmision in ipu??reply must please

Harshita Gupta 19th Jan, 2020
Priya,

If you want to take admission in Law courses, then CLAT is the only entrance examination.
For other courses, you have to give other entrance examinations.

Check the link below to know more about the university:
https://www.google.com/amp/s/university.careers360.com/articles/ip-university-admission/amp

Hope this helps!
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