Study Business and Commercial Law abroad
Despite the evolving dynamics worldwide, the commercial and business sector has shown great resilience and growth in the past years. Studying Business and Commercial Law enable you to capitalise on this trend and increase your employability globally.
$136.7 billion: annual revenue of Commercial-Corporate Law Firm industry in 2022
5.6% projected growth in the market size for Commercial-Corporate Law Firms industry
$57,600: annual earnings of business lawyers in their first year after graduation
9% expected employment growth for legal occupations this decade
About Business and Commercial Law
Is Business and Commercial Law right for me?
If you are looking for a successful career in the law field, then business and commercial law studies could be your gateway. Be it a small business or a large corporation, business and commercial law experts are required for handling legal concerns.
Business and Commercial Law study options and costs
Different universities are providing a LLM (Master’s in Law) in Business and Commercial Law all over the world. It is available in more than 200 colleges in the US. International applicants need a bachelor`s degree in law with at least an 85% score. It is a one-year course and the tuition fee varies between $12,000 to $70,000.
In the UK, LLM in the tuition fee for a Business and Commercial Law programme is £19.000 to £33,000 for a one-year program. In Canada it is a 1 to 2 years course depending upon the university and requires strong academic performance at the bachelor’s level for entry. The tuition fee varies between 10,000 CAD to 55,000 CAD annually. Whereas in Australia International students can expect to pay tuition fees from between $20,575 to $44,500 for an LLM.
The market size in terms of revenue for the commercial-corporate law firm industry is $136.7 billion annually and the industry is expected to grow by 5.6% this year alone! This paired with the overall increase in employment opportunities for legal occupations makes pursuing Business and Commercial Law a viable and lucrative career direction.
Career pathways for Business and Commercial Law graduates
You can work as a business advisor for small as well as big businesses. As an advisor you advise corporations on how to increase business revenue and comply with regulations. It is the business advisor’s job to make sure that the company is following federal and state laws.
A financial analyst advises businesses and organisations on how they can generate revenue from investments. Financial analysts research the market to find new investment opportunities and prepare financial reports.
A corporate paralegal is a legal professional who assists an attorney in their work in business law. A corporate paralegal also pays attention to business laws and regulations to ensure that the attorneys they work with are aware of any significant updates or changes.
A Compliance Manager ensures that a company follows all laws and regulations while conducting its business. Compliance officers may review a company's records to look for any discrepancies in their validity. They also develop new procedures to enforce applicable laws and regulations on businesses.
A policy manager oversees policies in an organisation to ensure that they are effective and comply with laws and regulations. Policy managers can evaluate an organisation’s existing policies to identify any areas that may need improvement.