‘Personal integrity is must for a corporate lawyer’
Updated on Sep 16, 2014 - 5:55 p.m. IST by Apratim Chatterjee
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With corporate law as a career option gaining ground amidst increasing corporate lawsuits in India, Careers360 brings you expert insight on career as a corporate lawyer.

In this special interview series, Rajiv K. Luthra, Founding and Managing Partner, Luthra and Luthra Co. shares insights on changing scenario and practices in Corporate law.

He also talks on scope of pursuing a career in corporate laws, key characteristics a corporate lawyer must possess, and emerging opportunities and challenges in this professional domain.

Interview:

 

Careers360: What is the current scenario of studying corporate law as a career option in India?
Rajiv K. Luthra: Corporate law is a very viable career option today as demand for professional legal advisors among the Indian and foreign companies is on rise. Simultaneously, new of law firms are opening and the existing ones are increasing their scale of operation, resulting into huge opportunities for newcomers.

 

Careers360: How the scenario has changed over a decade for Corporate Law practitioners?
Rajiv K. Luthra: A decade ago, we were on the brink of a major expansion, but there were nowhere as close to the number of law firms as there are now. Additionally, we are now having institutes, which impart quality legal education.

 

Careers360: What are the key qualities one should posses for becoming a corporate lawyer?
Rajiv K. Luthra:  A good commercial sense, attention to detail and good soft skills such as managing people and timelines are very important for successfully making way into this legal domain. Personal integrity is also a very important personality trait for this.

 

Careers360: How challenging is life as a corporate lawyer? What is the earning potential?

Rajiv K. Luthra: As is the case with any rewarding career, corporate law can be fairly challenging in terms of the quality of work expected. However, it is also stable and usually predictable in terms of the workflow. As regards earning potential, let me put it this way – corporate law is easily one of the highest paying jobs that a graduate (across disciplines) in India can land straight out of college, but remember, money is a by-product, focus on quality.

 

Careers360: What are the other related fields where a corporate lawyer can try hand apart from joining law firms and corporate houses?
Rajiv K. Luthra: Corporate law as an academic discipline is becoming more and more prominent, and the number of credits attached to core corporate law subjects as well as allied subjects is increasing across the board. Many universities in India and abroad are now looking for faculty not only to teach general corporate law, but to specialise in specific aspects of corporate law such as corporate governance, both for teaching and research purposes. There are also a number of think tanks and academic centres devoted to research in corporate law and allied disciplines.


Careers360: What would you like to advise the aspirants who are looking for a break in this field?
Rajiv K. Luthra: Read the business papers, understand your client from a commercial perspective, and keep abreast of legal developments in fast moving areas such as securities law. Also, the three most important qualities of a good lawyer are Integrity, Integrity and Integrity.

 

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please name the books that I prefer for clat 2020 after 12th class of all subjects?

KUNAL LANJEWAR 26th Jan, 2020

Hello,

CLAT ( Common Law Entrance Test ) is an exam conducted to take admission into the 21 National Law Universities of India and 43 other Educational Institutes. National University of Study And Research In Law (NUSRL), Ranchi will conduct CLAT 2020 in offline mode on May 10, 2020.

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after 12 can i get admission in PU or there is any exam like CLAT for admission

Sanjay Khandelwal 25th Jan, 2020
Punjab university conducts its own entrance examination for admission in law courses. That is for BA LLB or BCOM LLB. One will have to apply for application of the college and will have to appear for the entrance examination conducted by Punjab university for admission.
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Do I need to upload EWS Certificate along with CLAT Application form

Md Azmer 24th Jan, 2020

Hello Aspirant,

No there is no notification came out regarding to submit EWS certificate with the CLAT 2020 form. I suggest you to go the link before filling the form.

Link: https://law.careers360.com/articles/clat-application-form-what-you-must-know-applying

I hope this will solve your query.

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can i get admission in Indra Prastha university on the basis of my rank in CLAT

akshat a. jha 24th Jan, 2020

No, IPU or GGSIPU conducts its own exam for entrance in its various courses.

The exam for law courses to get admission in IP university is IPU CET Law.

The Last date of Application submission for the exam is 1st week of May 2020 .

The Date of exam  and Result date would be 3rd  week of May 2020  and 4th week of May 2020  respectively.

The application fees is 1000 Rs for all category students. The exam is of 600 marks and has 150 questions in total to attempt in 150 minutes.

About Clat, The Clat exam provides admission in several other law colleges all over the country including all the NUL's.

For further information on Clat exam you can visit:-

https://law.careers360.com/colleges/list-of-law-colleges-in-india-accepting-clat


and for For IPU CET Law:-

https://www.careers360.com/exams/ipu-cet

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I am 28 now. Can i get admission in basis of CLAT ot LSAT Score

Sourandhi Saha Student Expert 23rd Jan, 2020
There is no age limit for appearing in CLAT 2020 for UG program as well as in CLAT PG exam. So if you are able to fetch decent score, then you can get admission on the basis of that score. There is also no upper age limit for appearing in LSAT India Examination. But you can check the age limit specified by individual colleges wherein you want to seek admission.
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