Which has a better scope and why: Corporate Law or Banking Law?

Banking law can, in some way, be considered a niche in part of corporate law itself. In terms of scope, a lot depends on the place of work and the kind of work. Corporate law, in general, has more monetary advantages as compared to litigation. However, in comparison to banking law, while one is general, banking law is more specific. For a fresher, it is advisable to start with general corporate law in order to make an informed choice about the aptitude one has in the various fields that form a part of corporate law. Apart from banking law, there are various other fields in corporate law that one can specialise in. It is recommended that one explores these options, either in terms of work, or prior to it, during internships, in order to decide which is more favourable to them.

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There is great scope for law graduates to join private firms across the country. They can choose to become the legal advisory and help the company with legal decisions. In case someone is looking for a well-paid job, they can get an MBA after their LL.B. This way, they would be able to get a dual post in companies. A law student can also elevate their career in government. Services too 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 organizations. Considering the comparison I would say both have their own glamour. Corporate law is a very powerful and versatile option in the field of law. Both the government and private sector has ample opportunities for a career in corporate law and the demand of corporate lawyers is increasing day by day. A lawyer can choose any area of practice in corporate law and excel ATIT. After pursuing a degree in corporate law a lawyer can work at an MNC, law firm, asset management company, banks, insurance companies etc. Recently, Indian banking industry has witnessed a historical decision of demonetization which has lead to an extensive liquidity crunch. The impact of this liquidity shock on the India's GDP is still uncertain and is under the examination of experts but it is certain that all monetary transactions will come under the banking system which will lead to the next big step in the expansion of Indian Banking system. It will result in the huge demand for the services of legal professionals as every major financial transaction requires the supervision of a senior law officer or a Legal Analyst.

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First of all, do not compare LL. M in Banking-finance and LL. M in Corp. Law. Both have its own advantages. It is for you to make best of whatever that you pursue. Assuming you are interested in making your career in corporate legal, I would recommend you stick to area of your speciality (I. e. either Bank-finance or Corp Law) throughout, so that eventually you built expertise in the area. A law student can also elevate their career in government. Services too 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 organizations. Considering the comparison I would say both have their own glamour. Corporate law is a very powerful and versatile option in the field of law. Both the government and private sector has ample opportunities for a career in corporate law and the demand of corporate lawyers is increasing day by day. A lawyer can choose any area of practice in corporate law and excel ATIT. After pursuing a degree in corporate law a lawyer can work at an MNC, law firm, asset management company, banks, insurance companies etc. Recently, Indian banking industry has witnessed a historical decision of demonetization which has lead to an extensive liquidity crunch. The impact of this liquidity shock on the India's GDP is still uncertain and is under the examination of experts but it is certain that all monetary transactions will come under the banking system which will lead to the next big step in the expansion of Indian Banking system. It will result in the huge demand for the services of legal professionals as every major financial transaction requires the supervision of a senior law officer or a Legal Analyst.

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Dear Aspirant, Both Corporate Law and Banking Law are good. My friend did LL.B. And LL. M. from LPU and now working in SBI Bank as a Law Officer. LPUs School of Law is approved by the Bar Council of India. The students are groomed for bright professional careers by providing a wide range of exposure to theoretical as well as practical aspects of the law. The school organizes international conferences, visits by nationally acclaimed law practitioners to allow the students to gain skills and experience in the field of law. Students get real-time experiences through moot court competitions organized at national and international levels. Students completed their internship with Jalandhar Police Commissionerate and learned vital aspects of the handling of sensitive cases by police. Policing posits a host of challenges to the police personnel who have to strike a balance between competing values of individual freedom and the establishment of peace. Students were exposed to the saliency of weapon handling, undertaking patrolling and surveillance tasks, resolving general law and order issues by police as part of the duty. Students are groomed through internship exposure and individual-oriented mentoring for a bright career in the legal arena. Our students have interned in reputed law firms and under High Court judges of different states. Workshop for Students going for internships is conducted for 7 days to meet with the industry requirements. Pre-Internship interviews and internship drives are regularly held. Special career counseling led by industry experts and members of academia is held for students who register for placements to determine their niche area of interest in the legal field. And also various benefits are: Practical exposure through Moot Courts, District Court, and Legal Aid Clinics visits. The curriculum is made following the Bar Council of India (BCI) norms. Workshops/Seminars on computer applications and client interaction is an important aspect of the curriculum In addition to core curricula, the course offers subjects like communication and soft skills to enhance personality and employability. The curriculum is designed to facilitate students in preparing for various competitive examinations. Positions such as Law Officer and Legal Advisors can be explored. For more details, you may refer to the LPU website. I hope this helps Good Luck!

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The broad classification in law is corporate law and litigation. While the former involves more of sedentary work, drafting agreements and corporate advisory, the latter is more proactive. Banking law can, in some way, be considered a niche in part of corporate law itself. In terms of scope, a lot depends on the place of work and the kind of work. Corporate law, in general, has more monetary advantages as compared to litigation. However, in comparison to banking law, while one is general, banking law is more specific. For a fresher, it is advisable to start with general corporate law in order to make an informed choice about the aptitude one has in the various fields that form a part of corporate law. Apart from banking law, there are various other fields in corporate law that one can specialise in. It is recommended that one explores these options, either in terms of work, or prior to it, during internships, in order to decide which is more favourable to them. Corporate Law is quite different from the Company Secretary but can always bring in value to ones profile. Both the fields offers bright career opportunities but requires a lot of dedication and Hard work, so if you plan to pursue the two courses then this would require perfection in managing the two courses simultaneously. There are very few institutes in India offering Corporate Law in LLM. You can do LL. M. 1 year programme which useful in research institutes, thinktanks and NGOs working on policy issues as well. Considering that a large number of law schools in India now pay quite well, this is significant. Similarly, requirement of lawyers are thinktanks, NGOs and research bodies have drastically increased over the last few years. These are great career opportunities. LL. M. in commonly offered in Criminal law, Constitutional law, Cyber law, International law, etc. There are multiple universities from where you can do 1-year LL. M. Like IILM University Gurugram offers with Moot Court Internship, Seminar, Workshops, Experiential Learning along with Inter-Disciplinary Curriculum. IILM University Gurugram conducts interviews of prospective students. The admission is decided mainly on the credential and merits of the prospective students. After successfully completing this programme, one may choose a career as specialisation lawyers, working in corporates, public offices, professors, judges, diplomats, human rights activists, researchers, business professionals etc. website:<a rel="nofollow" target="_blank" href="https://iilm.edu.in/law" style='word-wrap:break-word;'>https://iilm.edu.in/law</a>

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The broad classification in law is corporate law and litigation. While the former involves more of sedentary work, drafting agreements and corporate advisory, the latter is more proactive. Banking law can, in some way, be considered a niche in part of corporate law itself. In terms of scope, a lot depends on the place of work and the kind of work. Corporate law, in general, has more monetary advantages as compared to litigation. However, in comparison to banking law, while one is general, banking law is more specific. For a fresher, it is advisable to start with general corporate law in order to make an informed choice about the aptitude one has in the various fields that form a part of corporate law. Apart from banking law, there are various other fields in corporate law that one can specialise in. It is recommended that one explores these options, either in terms of work, or prior to it, during internships, in order to decide which is more favourable to them.

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I would say corporate law because when you study banking law, you study only about banking law and when you study corporate law, you specialize in more than one subject such as company law, contracts, partnerships, tax laws and a lot more. Corporate law even includes banking laws also. Corporate law is a wider area in compare to banking law.

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India being a developing country, both Banking and Corporate laws have scope as we need better players in the market. Economics in both the laws remain common. One should decide on the basis of his/her interest if the question is of scope as both Corporate and banking law is the future of India.

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Hello everyone, Corporate law includes company law and other ancillary laws with respect to a corporate house in India. The corporate law thus involves everything with respect to a company. Banking laws on other hand deal with regulation of banks and also the SARFAESI Act is again an area of practice under banking law. Banking laws thus define what bank is and also the duties liabilities and the trust relationship of a bank and customer. Corporate lawyers are highly preferred as the area is not limited in scope and the area is evolving with the amendments in law attracting more litigation the field. Banking laws, however, have a limited scope and is a field which does not have much more to flourish in the near-future as it has a regulator and thus litigation arising is limited and not many new issues arise.

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