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Posted Jan. 2, 2017
6 Reasons to Study an LLM in Business & Commercial Law
All businesses indeed are commercial ventures governed by local and international laws, based on the scope of operations. Business law by itself is an umbrella term which usually spans commercial law, corporate law and security laws, and offers subject enthusiasts a deep understanding of several legalities that are associated with a business environment.
Business & Commercial Law
An LLM in business and commercial law can help students gain a complete grasp of laws that regulate among others, the financial and commercial operations of a company. LLMs in commercial law can be studied at a variety of highly regarded institutions across the world as this table illustrates.
|
LLM Program |
University |
Country
|
|
LLM in International Commercial Law |
University of Limerick |
Ireland |
|
LLM in Transnational Commercial Practice |
Centre for International Legal Studies |
Austria |
|
LLM in International Commercial Arbitration |
Pepperdine University |
USA |
|
LLM in Commercial Law |
University of Bristol |
UK |
|
LLM in International Commercial Law |
University of Sussex |
UK |
Why is studying this a good choice?
Here we explore six reasons why studying business and commercial law could prove a great choice.
1. There’s no escape from law in business operations. Pursuing a career in business requires aspirants to be aware of legalities that govern business environments. Business students entering the corporate environment eventually will need to spruce up their understanding on the different laws that are at play in order to perform their jobs more effectively as they progress through the ranks. Specialising in business and commercial law can help aspirants master the legal aspects of running a business, both local and international.
2. The role of legal professionals in the business environment is gaining importance as laws are getting more stringent and complex as well. Adherence to local laws at every step of a business venture – right from starting a new company to hiring employees and paying up taxes – is important to avoid being pulled-up for non-compliance. This course can help law students and lawyers hone their knowledge on different business challenges, opening up job opportunities in the business sector.
3. Whether from a business or legal background, students pursuing this course will be able to fully appreciate the legal requirements of a business, as well as the impact of these rules (both pros and cons) on the way in which the business functions. Thus, students are bound to get adept at anticipating legal needs and fulfilling them suitably when entrusted with the responsibility in real time.
4. Proficiency in business and commercial law will facilitate communications with fellow legal professionals in their own language, doing away with any chances of misinterpretations when dealing with business matters. The capacity to understand business problems and working towards a suitable legal solutions will prove a definite advantage when facing job interviews and when on the job as well.
5. Corporate firms need to comply with a whole gamut of laws, including but not limited to international law, intellectual property, trademarks, labour, commercial arbitration, finance, taxation, insurance, capital markets, mergers and acquisitions, and investment securities. Students may choose to specialise in any of these subjects based on their strengths, interests, or chosen career path. The course can prove a stepping stone to several challenging job opportunities in the business and legal sectors.
6. Business acumen backed by legal prowess is definitely bound to be a winning combination for any youngster venturing into the competitive business environment.
In conclusion...
Based on the course details, it is quite evident that the subject proves valuable to both lawyers and business professionals alike as it serves to complement the knowledge they’ve already gained in their respective domains. Achieving the intended results of this course is, of course, left to the student!
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8 comments
Charlotte King June 5, 2017, 4:13 p.m.
That's great advice!
ENOU ARNOLD March 3, 2018, 5:10 p.m.
Wow.!!! I've liked the study, thanks for empowering us with knowledge and understanding of business law....
London Institute of Business Technology March 12, 2018, 8:57 a.m.
Great article.. it's very different unique..thank you so much for sharing the article.enjoyed reading it.
Charlotte King March 13, 2018, 8:53 a.m.
Glad you enjoyed it!
Michael Brown July 31, 2018, 12:43 p.m.
Nice blog! I liked your narrative style of writing which makes the content come alive in more ways than one. Exemplary style. Keep it up
Nishtha May 16, 2019, 8:56 p.m.
If I pursue LLM in Corporate and Commercial Law from london, will I be able to apply for jobs in other foreign countries as well?
Charlotte King May 20, 2019, 11:58 p.m.
Having an LLM from a British university will definitely be advantageous on your CV. However if you known that for example, you ultimately want to work in the USA you would probably be better off studying your LLM at an American law school. This would also enable you to make 'local' contacts.
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Commercial and Property Law Gold Coast May 26, 2017, 10:03 a.m.
For people that are into business it is important to study the basic commercial law that covers your business and the people working on your business.