Corporate and Commercial Law are quite interrelated yet different at the same time. Corporate law includes legal issues concerning private companies with other companies or public limited companies etc. Corporate law is the creation and upkeep of partnerships and corporate structures, including the purchasing and offering of advantages of the organization. For these laws, there are corporate lawyers who deal with both the parties and fight a case in boardrooms for their clients.
In the case of commercial law, there are contract issues of property between the seller and buyer, or any dispute of a product between two parties. It can also be defined as the dispute between an organization and an outsider like terms and conditions, license agreement, reseller agreement, etc.
One of them focuses on the rights and conduct of businesses and business owners while the other exclusively governs the rights and conduct of individuals and businesses affected by financial dealsWhat Is It All About?
To become a corporate lawyer, one must first have a graduate degree. Before entering a course in legal studies, a student must have a graduate degree in a relevant field. Most relevant fields may include Economics, Bachelors of Commerce (B.Com), Political Science, English, etc. However, a bachelor’s degree in other fields works too.
Apart from that to take admission in universities abroad, one must also qualify to wither the TOEFL or EILTS exam. And students also must also have all other documents as required by the University that the student is applying to.Scope
Scope in Corporate and Commercial Law is huge. The course covers various subjects which equips students with much knowledge and many skills to become a successful lawyer. Corporate and commercial law is one of the most emerging legal fields in the world, and the lawyers of the same are in high demand. The course is suitable for all type of students, those who want to practice or those who want to do more of office work. Students can work independently, establishing their practice or they can work as professionals in a company. The students of this course must open themselves to all kinds of knowledge to succeed.
These law courses are postgraduate courses after the student has taken a bachelor's degree in law India or abroad. The most famous course for corporate law is LLM, i.e. Masters in corporate law.Type of Degrees
Various Courses Offered in Commercial Law and Corporate Law abroad
As we know an LLM degree in corporate law covers securities regulation, mergers and acquisitions, accounting, corporate taxes, and corporate finance. They are appointed in companies to become their legal advisors and corporate lawyers to handle the legal issues with other companies or ventures.
Because corporate law covers a broad range of topics, corporate lawyers often specialize in one or more areas. These areas include tax law, bankruptcy, intellectual property, zoning or securities.
Most of the corporate lawyers are self-employed with their firm, but some lawyers work under a corporation or company. Nowadays this stream has been emerging as more and more companies have started to hire corporate lawyers for their legal matters.Job Titles and Job Description
The most famous job title students who study this course can get that of a Corporate Lawyers and Commercial Lawyers. However, the job titles come with many responsibilities and some risks as well.
Commercial lawyers are those who advise companies or governments for business-related issues. They may draft client agreements, negotiate employment contracts or write purchase agreements. These lawyers work with multiple clients at the same time, since disputes about commercial transactions are usually brought to trial in a court, these departments commonly work in close contact with a firm's litigation department. Those commercial lawyers who work with a single company are called as in-house attorneys. Commercial lawyers review company paperwork, chiefly contracts, and draft business documents. They usually spend a lot of time researching, writing and editing commercial reports. These writings may be related to establishing or dissolving businesses, merging two businesses, creating a sales contract, etc.
Did you know, over 37 Australian universities have made it to the 2018 QS list of top universities in the world? The Australian education system offers quality education combined with great employer and industry reputation.
The primary and secondary level of education in Australia is no different than the other countries since it sets up the basic concepts of knowledge in the mind of young. What makes a difference is the tertiary education programme in Australia.
Australia has around 43 universities and in order to keep in check the working of these universities the Australian government has initiated programmes such as:
• The Australian Qualification Framework (AQF) established in 1995 as a national policy for tertiary education in Australia.
• The Tertiary Education Quality and Standard Agency (TEQSA) which monitors the quality standards of higher education in Australia.
The top quality institutions in Australia offer a variety of courses. The best courses to study are:
Some of the globally renowned institutes and universities of Australia are:
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