High profile league of corporate lawyers


Corporate lawyers are in big demand when it comes to mergers and acquisitions, banking and finance, Intellectual Property Rights and a host of other domains. Do you have it in you to become one?

High profile corporate lawsuits have hogged the limelight in recent times. Sample this: Vodafone Vs Government of India, Sahara Vs SEBI, Satyam Computers Vs CBI, 2g Spectrum Case, etc.These cases have brought to the fore the growing importance of corporate lawyers in a big way.

Need for corporate lawyers

Indian economy has been growing at a steady rate, benefiting the corporate sector. With the policy changes in terms of FDI, etc, India is seen as an investment centre, leading to activity in Merger and Acquisitions (M&A) and Private Equity (PE). The Companies Act 2014 has further consolidated the practice in terms of regulations and compliances. All this has given a huge impetus to Corporate Law.

What do you study?

“The aspects that need to be learned are the basics of commercial law and corporate law,” says Dr. Lovely Dasgupta, Associate Professor, WBNUJS.“All law firms look for candidates who are clear on the theoretical aspects of law and the firms only teach them the practical aspects like due diligence, drafting and negotiation with the clients,” she added. A number of good law schools offer diplomas and postgraduate diplomas in corporate law (See Box).

 Select programmes in Corporate Law 




Indian Law Institute, Delhi

Post Graduate Diploma in Corporate Laws

Rs. 27500

Indian Law Society, Pune

Diploma in Corporate Laws

Rs. 17000

Bharati Vidyapeeth Deemed University, Pune

Diploma in Corporate Law

Rs. 10000

West Bengal National University of Juridical Sciences, Kolkata

Post Graduate Diploma in Business Laws

Rs. 36,000

 National Law School of India University, Bangalore

Master in Business Laws

Rs. 23150

What is a Corporate Lawsuit?

Corporate Lawsuit is a legal action in which a plaintiff, a party who claims to have incurred loss because of a defendant's actions, demands a legal or equitable remedy.A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the public body to be treated as if it were a private body in a civil case, as plaintiff, or defendant regarding an injury, or may provide the public body with a civil cause of action to enforce certain laws.

Who is a Corporate Lawyer?

corporate lawyer is defined as a lawyer who specializes in corporation law. A notable lawyer, Bernstein characterized ‘corporate lawyer’ as the ‘handmaidens of the deal’. The role of a corporate lawyer is to ensure the legality of commercial transactions. Therefore, these lawyers have their specialty in corporate laws, and those related to business of the corporations they work. However, there are others, who work in a firm and hired by different corporate houses, if in cases they need them. In addition to the bench of lawyers, there are others who work independently and are called in for the respective cases, whenever needed.

Key qualities of corporate lawyers 

“Right from academic background to the quality of work, time management, ability to interact with clients, these 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,” says Rabindra Jhunjhunwala, partner, Khaitan & Co.

Rajiv K. Luthra, Founder & Managing Partner, Luthra & Luthra Co. delineates the key qualities as “A good commercial sense, attention to detail, and good soft skills such as managing people and timelines and of course, integrity.”

Money matters

Those aspiring for corporate law as a profession should know that it is a lucrative one but the pressure begins early. “Most of the top-tier Indian Law firms pay very lucrative compensation through campus hiring, with starting packages ranging from 12 to 15 Lakhs,” says Rabindra Jhunjhunwala.

Being a corporate or business lawyer, you may bag a handsome salary in your initial days. Vijaya Sampath, Senior Partner, Lakshmi Kumaran and Sridharan, says, “Advantage of corporate law is that earning potential even in the initial years is quite high compared to other professions including litigation.”

According to Dr. Dasgupta, salary depends on the placement scenario. “It could be as high as 20 lakh p.a or could be as low as 20000/- p.m,” she said.

Even if you do not wish to join any firm, you may start independent practices or consultancy. Moreover, Legal Process Outsourcing (LPO) is another launching platform, which may help corporate lawyers to add a value to their CV. Ramanuj Mujherjee, a private practitioner and WBNUJS, Kolkata alumnus says, “Though many law students are afraid to work at LPOs because they think that it will "destroy" their CV. This is not true at all - if you have good skills and professional experience, including having done well in an LPO, you will always be welcome anywhere. LPOs provide great career opportunities today, and competition is very low.”

Those who are seeking a break in this field, may find themselves engaged in reading the business papers, understand clients from a commercial perspective and keep abreast of legal developments in fast moving areas such as securities law. Rajiv K. Luthra sums up; “The three most important qualities of a good lawyer are Integrity, Integrity and Integrity.”

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

First Published On : 11 Oct 2014 02:30 PM IST

Related Articles



Join this QNA topic to get updates about latest happenings about the exam!

  • 3562 Joined
  • 732 Questions

Vinayak G Gowda 20 hours ago

Vinayak G Gowdas picture
Vinayak G GowdaLast Seen: 12 hours 16 min agoJoined on: 15-Jan-2018Education Interest: LawEducation Level: Class 12

How much should I score in CLAT to get admission for BBA.LLB in PESIT

Answer (1)


13 hours ago

s picture
Aditya.srivastava0195_6536108Last Seen: 10 hours 53 min agoJoined on: 22-Mar-2018Education Interest: LawEducation Level: Graduate & Above
Hi Vinayak,I think the merit is going to high for an engineering-based Law offering colleges in CLAT. To be on the safe side you must score 70% marks means 140+ to get this college. All the very ...Read More

Shallu 1 day ago

Shallus picture
ShalluLast Seen: 1 day 6 hours agoJoined on: 28-Mar-2018Education Interest: MedicineEducation Level: Class 12

Taxation chapter included in clat exam is changed or not due to implementation of GST

Answer (1)


1 day ago

s picture
Aditya.srivastava0195_6536108Last Seen: 10 hours 53 min agoJoined on: 22-Mar-2018Education Interest: LawEducation Level: Graduate & Above

Hi Shallu,

Thanks for asking, It would remain the same. Understand implementation of GST is also a kind of taxation. It would change according to GST not totally changed.

Good Luck!

Rahul shandilyas picture
Rahul ShandilyaLast Seen: 1 day 10 hours agoJoined on: 24-Apr-2018Education Interest: LawEducation Level: Class 12

What is the best university for ba llb if i don't appear in clat lsat examination plz suggest me

Answer (1)


Alok Mishra 1 day ago

Alok Mishras picture
Alok MishraLast Seen: 7 hours 21 min agoJoined on: 17-Nov-2017Education Interest: Media and JournalismEducation Level: Graduate & Above
Dear Rahul,Himachal Pradesh National Law University and National Law University, New Delhi are two NLUs that conduct their own Entrance Test HP NET, AILET respectively; for selecting meritorious candi...Read More

Yadnyesh 2 days ago

Yadnyeshs picture
YadnyeshLast Seen: 12 hours 9 min agoJoined on: 12-Oct-2017Education Interest: LL.B.Education Level: Class 11

Does 12th stream matters for law students who crack clat?

Answer (1)


Sona 2 days ago

Sonas picture
SonaLast Seen: 2 hours 58 min agoJoined on: 07-May-2017Education Interest: LawEducation Level: In Graduation
Hey Yadnyesh. A student of any stream in class 12 can appear for CLAT. Law does not require any specific knowledge in any specific subject. Therefore students from science as well as humanities take ...Read More

Salman 2 days ago

Salman s picture
Salman Last Seen: 1 day 13 hours agoJoined on: 15-Apr-2018Education Interest: LawEducation Level: Class 12

Clat ka paper hindi me hota hai ya nahi

Answers (2)


Alok Mishra 2 days ago

Alok Mishras picture
Alok MishraLast Seen: 7 hours 21 min agoJoined on: 17-Nov-2017Education Interest: Media and JournalismEducation Level: Graduate & Above
सलमान जी,क्लैट का पेपर हिन्दी में नहीं होता है, बल्कि 200 के पूर्णांक वाले इस पे...Read More

View All Answers

Free Sample Papers

Previous Next