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After completing my Law graduation, What are my future career options with high potential yields ?

I recently got my graduation degree from my college on completing 5 Year Law course and I am currently pursuing Law Masters Degree with Business Law as my specialization. I have numerous internship experiences including District court, High court, and Canara HSBC Headquarters Gurgaon. I have chosen to go to the corporate sector as I don't have any interest in litigation. I would like to know what future career should I go for in details and why such a path is best for me, all I want is a career path with potential high yield income. #law #career-paths #law-enforcement #help #advice #career #guidance #counselling

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Nicole’s Answer

[note: I'm not a lawyer but will provide this perspective based on many years in business, and interacting with lawyers in my professional roles]

My understanding is that it may be beneficial to join a law firm, to start, in a niche that matches your interests. Often, this will result in higher pay than corporations themselves can offer, but there may be tradeoffs such as longer hours, travel requirements, etc.

Within corporations, there are a lot of different paths depending on the type of company. For example, an engineering company may need patent lawyers, or a retail company may need lawyers who focus on marketing / branding / public relations.

I'd recommend considering which type of corporate sector you'd like to ultimately focus in, for the long term (engineering and retail are two examples from above), and then constructing a path to get there. You could even look at job descriptions for corporate lawyers to understand a potential path.

All the best to you!
-Nicole
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Catherine’s Answer

Hi. Corporate lawyer here (20 years of practicing law). Ideal is to get work at a large law firm at first as the training is the best and you see a lot of variety which helps you later. Even within "corporate law" there are a lot of options - mergers & acquisitions, real estate, leasing, securities (stock and bonds), bank financing, leasing, asset management (funds and such), intellectual property just to name a few. If you can find a place that allows you to explore through rotations or exposure that is ideal to find what you really enjoy and thrive at.

The variety at a firm and exposure to different clients, also makes it easier to then move to a corporation down the road. As for industries I've actually jumped around - lawyers often do unless they are regulatory specialists or have a niche for that industry. I've been in hotels, telecom and technology as an in-house counsel.

I have always been grateful for the work I did for my first 5 years in a large firm. The hours and travel were not easy, but the experience is key. I thought of it as well-paid legal version of residency that doctors go through. I am now a generalist (General Counsel/Sole lawyer at a technology company, but it helps that I know one area deeply and was exposed to so many industries.
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Judith’s Answer

A law degree has potential to open many doors. One could join a corporate legal team, a non profit advocacy group, throw your hat in the ring for a political or environmental position, work in social justice, or work in a law firm. One could also become a legal resource for broadcast journalism. You have worked hard to create these options. It may be worthwhile to consult a career coach to see which option will best suit your temperament, sensibilities and the amount of time you may wish to create for yourself and/or your family.
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June’s Answer

First of all congratulations on your continuing education and bright future. You’ve had some good experiences with your internships too. I do know that many large companies retain corporate legal counsel. Perhaps checking with some of the larger tech or software companies in your realm would be a good venue to research.
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