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Adv. Rishab (Law Student)     26 March 2008

SCOPE OF LAWYERS IN CORPORATE SECTOR

At present , the Indian courts are over burdened with thousands of Advocates... In this situation , the corporate Sector has emerged as a ALTERNATE espacially for the young lawyers who have just begin there career....



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 3 Replies

Kalpana.S (-)     26 March 2008

When a company is establishing itself, there is a lot of foundation work to be done by the legal department. This involves setting in place contract guidelines, defining the parameters for commercial negotiations such as partnerships, and mergers, and educating the corporate about the legal framework within which it operates. New areas which are still in the process of being defined, such as intellectual property rights and due diligence are throwing up new challenges for lawyers in the corporate sector, particularly in companies which operate on a global scale.
1 Like

ambika.S (advocate)     16 May 2008

It is true that corporate sector remunerate substantialy but, Legal profession is not limited, an individual who masters profession can give better service and is highly reunerated than corporate sector. Recent trend of youngsters to corporate sector would face the danger of curbing his or her own identity as professionalist.

ritu bhadana (advocate)     02 April 2009

i completely agre wid all of u


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