“My watch is always seven minutes fast. It has been like that my whole life,” says Jordan Donich, lawyer and principal member of Donich Law. The life as a lawyer seems like a life on fast forward.
But, ever wondered “What is Law actually about?”
In general, Law is ‘the set of principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision.’ Now the questions that follow are:
How does it help in building a career?
What are the main types of law which can help one to be on the top of their career?
Let’s try to find all the answers here:
4 Main Types of Law
If you are thinking of getting a hold of the career in law, then knowing all the types of law specialties is a must. Be it a law career in the private sector or a career in the government sector, choosing law as a career can take one to different places for good.
It is also very important for the students to get admission in the best college or university. UGC approved Universities like Sharda University are one of the best places for law studies. The university conducts different events which help the students grow professionally. Recently, VIDHI & VYAPAR, a Law and Business Quiz Competition’ was conducted to test the knowledge of Undergraduate law and business students to enhance their learning.
Four Categories of Law
- Corporate Law – Lawyers who take care of a business’ legal boundaries.
- Criminal Law – Lawyers ensuring every citizen to abide by the laws.
- Energy Law – Lawyers to oversee the taxation of energy and approving licences to industries.
- International Law – Lawyers improving relations of one nation with the other.
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Corporate Law
The main job of corporate lawyers is to take care of business and making it abide by law.
Corporate lawyers help the clients and professionals to run their business while staying within the legal boundaries. They need to take care of legality of the products manufactured, transactions and all the other practices. Just like other courses, corporate lawyers also need to get a degree from a law school and practice further.
Salary: On an average, a corporate lawyer can earn up to INR 6-7 Lakhs annually.
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Energy Law
Energy Lawyers work with companies to manage the taxation of energy. These are also known as ‘extraction’ charges. They take care of providing information about rights of the companies on energy-rich lands and their licenses.
Energy lawyers work with industries using energy sources, municipal utilities and public utilities.
Salary: On an average, a corporate lawyer can earn up to INR 7-8 Lakhs annually.
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Criminal Law
This is one of the most opted law types. In Criminal law, lawyers need to make sure that the individuals abide by the set criminal statute or laws. In case someone commits any offense by breaking the law, lawyers guide the suitable measure as per the body of criminal law.
Salary: On an average, the starting salary of a criminal lawyer can be INR 4-5 Lakhs.
INDIAN CRIMINAL LAWS are divided into the following acts:
Indian Penal Code, 1860
Code of Criminal Procedure, 1973
Indian Evidence Act, 1872
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International Law
International law is about the rules made by customs or treaty, recognized by the nations for trading and building relations with each other.
An international lawyer needs to take care of the legal practices on disputes on an international level. The disputes can be related to international trade or international business.
Salary: On an average, one can earn up to INR 6-7 Lakhs annually.
The Good of the People is the Greatest Law
Notwithstanding all mentioned above, take care of one thing – ‘the responsibilities’. Despite looking at the luring profiles, one needs to make sure if he/she is ready to take the charge and take up this responsible job. Legal implications demand adequate protection of laws by all means. So, if you think that you are ready for a reputed career, which can bring a lot to your table, then don’t think and apply now.