Important Facts
Sonika Jun 24, 2025 1K Reads
Business law is also known as commercial law or corporate law. This law deals with businesses including commerce, sale, and trade. Work under various disciplines, for example, employment law, taxation, contracts, intellectual property, and corporate governance. After completing their education in the law field, specifically in business law, most students wish to become business lawyers. However, there are various other fields and sectors where students choose other specializations in jobs other than business law.
If we look at the data, we see that law professionals seek to become business lawyers. Additionally, it is predicted that the current rate will soon be increased by 8% between 2022 and 2032. Business law helps students to enhance their skills that align with the law, for example, legal knowledge, problem-solving, communication, drafting and writing, negotiation, interpersonal skills, analytical thinking, and more.
Business lawyers are those working professionals who specialize in subjects related to businesses and commercial transactions. Business lawyers are needed in almost every corporation to manage the legal part of the business and between the employee and the employer.
Business lawyers ensure that companies work within the legal framework and avoid risk. Let’s learn about the key roles of the business lawyers:
Key role |
Description |
Legal Compliance |
Lawyers make certain that the organization complies with national, international, and local laws. |
Intellectual Property Protection |
In this key role, business lawyers ensure that they protect what is invented or a new invention is protected by the trademarks, patents, and copyrights. |
Dispute Resolution |
Lawyers constitute agencies in resolving disputes via negotiation, mediation, or litigation. |
Tax Planning |
Business lawyers advise on lawful tax-saving strategies and ensure proper filings. |
Regulatory Affairs |
Lawyers assist in dealing with regulatory bodies and compliance requirements. |
Drafting Policies |
Lawyers help develop company policies on data protection, workplace conduct, and safety. |
Crisis Management |
During legal crises, they represent and defend the business's interests professionally and effectively. |
Contract Management |
They draft, review, and negotiate contracts with clients, suppliers, partners, and employees. |
Business Structure Guidance |
They assist in choosing the right business structure—LLP, partnership, or corporation—for legal and tax efficiency. |
Employment Law Advisory |
They ensure compliance with labor laws, draft employment contracts, and handle workplace issues. |
Risk Management |
They identify potential legal risks and develop strategies to mitigate them. |
Licensing and Permits |
They help acquire industry-specific licenses and permits for smooth operation. |
Investor Relations |
They handle legal aspects of fundraising, shareholder agreements, and equity distribution. |
Corporate Governance |
They guide directors and officers on their legal responsibilities and fiduciary duties. |
In every specialization, domain, or subject, there is a certain criterion to help the students learn everything they need to learn. Similarly, a law program helps students to learn those things that are necessary for their knowledge growth in business law. Teachers teach everything with a gradual increase in the depth of the syllabus for any particular subject. Let’s have a look at the core subjects that students will going to study in their law program for business laws.
Specialization |
Syllabus |
Business laws |
|
Students may think that if they get educated from a top institution or a top university that only they will get a bright future, so will the law students. The table below has the names of 10 universities, which are ranked from 1 to 10 in the NIRF ranking 2024. In this table, the rank of the previous year, i.e., NIRF 2023, is also listed, so that students may get to know that the below-listed universities are the best law universities.
University |
NIRF 2023 |
NIRF 2024 |
Specializations offered |
Fees |
National Law School of India University, Bangalore |
1 |
1 |
|
|
National Law University, Delhi |
2 |
2 |
|
INR 1,25,000 per Annum |
NALSAR University of Law |
3 |
3 |
|
For the LL.M. 2-year full-time course:
For the LL.M. 1-year course:
|
NLU Kolkata - The West Bengal National University of Judicial Sciences |
4 |
4 |
|
|
Symbiosis Law School, Pune |
6 |
5 |
|
|
Faculty of Law, Jamia Millia Islamia |
5 |
6 |
|
Ranges between INR 1 Lakhs - 10 Lakhs - course fee |
IIT Kharagpur - Indian Institute of Technology |
9 |
7 |
|
INR 2.5 Lakhs to INR 3 Lakhs - course fee |
Gujarat National Law University, Gandhinagar |
7 |
8 |
|
INR 1.2 Lakhs to INR 6 Lakhs - course fee |
Siksha ‘O’ Anusandhan University - SOA National School of Law |
8 |
9 |
|
INR 1.5 Lakhs - course fee |
Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow |
10 |
10 |
2-year LL.M. program:
1-year LL.M. program:
|
|
Apart from the top law institutes, law professionals and law students also seek the following:
Students/Working Professionals Also Search For |
|
Many universities in India offer a 1-year LLM program in India. If you are a working professional, then you should also check them out as the universities offering online law programs offer flexibility and other advantages, including personalized learning, cost-effectiveness, interactive learning, and many more things. Below is a list of universities offering 1-year LLM programs in various specializations.
Top colleges offering a 1-Year LLM program |
|
Colleges |
Specializations |
Jindal Global Law School (Blended Learning Program) |
|
UPES |
|
National Law University, Delhi |
|
Lovely Professional University |
|
NLU, Kolkata |
|
Symbiosis Law School International, Pune |
|
LLM 1-year program fees for various institutions |
|
Institutions |
Total Fees |
Jindal Global Law School (Blended Learning Program) |
INR 3,50,000 |
UPES |
INR 2,79,000 |
National Law University, Delhi |
INR 1,25,000 |
Lovely Professional University |
INR 1,60,000 |
NLU, Kolkata |
INR 1,39,000 |
Symbiosis Law School International, Pune |
INR 2,50,000 |
Op Jindal Global Law School offers an LLM program in a Blended learning mode. This institution is known for its quality education and the advantages offered to its students. Let’s check the specialization offered at this law school:
Specialization offered:
Fee structure: Course fee - INR 3,50,000
Syllabus at Jindal Global Law School (Blended Learning Program) |
|
Specializations |
Syllabus/Subjects |
Corporate & Financial Law |
|
AI and Emerging Technologies |
|
Intellectual Property & Technology Law |
|
Dispute Resolution |
|
Taxation Law, Policy, and Regulation |
|
Op Jindal Global Law School offers a bachelor’s program, which is a BALLB program (a 5-year integrated program). Let’s see the syllabus offered by them for a BALLB program:
Syllabus for BALLB |
|
Semester I |
Semester II |
|
|
Semester III |
Semester IV |
|
|
Semester V |
Semester VI |
|
|
Semester VII |
Semester VIII |
|
|
Semester IX |
Semester X |
|
|
After completing a law degree, students get various opportunities to choose any job profile. After completing law, students have a wide range of opportunities. Also, there are various specializations based on which students need to choose their profession. Let’s see a few Let’shem with their salaries.
Sr. No. |
Position |
Salary |
Reference link |
1. |
Lawyer |
INR 1 LPA - INR 10 LPA |
https://www.ambitionbox.com/profile/practicing-lawyer-salary |
2. |
Journalist |
INR 1-8.2 LPA |
https://www.ambitionbox.com/profile/journalist-salary |
3. |
Judiciary |
INR 1 LPA to INR 25 LPA |
https://www.ambitionbox.com/profile/judicial-officer-salary |
4. |
Junior advocate |
INR 10,000 per month to INR 25,000 per month |
https://www.ambitionbox.com/profile/legal-advisor-salary |
5. |
Legal advisor |
1 LPA to INR 14 LPA |
https://www.ambitionbox.com/profile/legal-advisor-salary |
6. |
Corporate counsellor |
INR 9 LPA - INR 5 LPA |
https://www.glassdoor.co.in/Salaries/corporate-counsel-salary-SRCH_KO0,17.htm |
7. |
Legal Analyst |
INR 2.1 LPA to INR 10.6 LPA |
https://www.ambitionbox.com/profile/legal-analyst-salary |
8. |
Legal researcher |
INR 21,000 - INR 50,000 per month |
https://www.glassdoor.co.in/Salaries/legal-researcher-salary-SRCH_KO0,16.htm |
9. |
Legal writer |
INR 1 LPA to INR 6.9 LPA |
https://www.ambitionbox.com/profile/legal-content-writer-salary |
10. |
Patent analyst |
INR 4 LPA to INR 6 LPA |
https://www.glassdoor.co.in/Salaries/patent-analyst-salary-SRCH_KO0,14.htm |
*Salary may vary as it depends on the experience in the legal profession. The skills of the lawyers also make a significant difference in the salaries.
This blog describes what business law is and what business lawyers are. This also includes the key roles played by a business layer in this sector of business. Additionally, this blog helps you understand the different job profiles that they can choose for their future. Furthermore, you get to know about various universities offering a 1-year LL program, LLM programs for working professionals, and a lot more.
Various job roles are available for law graduates, including Lawyer, Journalist, Judiciary, Junior advocate, Legal advisor, Corporate counsellor, Legal Analyst, Legal researcher, Legal writer, Patent analyst, and more. There is one thing that law professionals need to know that their salaries may vary from one another, as it completely depends on their potential, skills, and years of practice in the court.
Here is a list of universities offering an LLM program in India. The list below is from the top universities that ranked top 10 in the NIRF ranking list 2024:
Yes, there are ample universities that offer a 1-year LLM degree in India. Below is the list of universities that are popular among law students:
There are countless roles that a business Lawyer needs to play in this field which includes Legal Compliance, Intellectual Property Protection, Dispute Resolution, Tax Planning, Regulatory Affairs, Drafting Policies, Crisis Management, Contract Management, Business Structure Guidance, Employment Law Advisory, Risk Management, Licensing and Permits, Investor Relations, Corporate Governance, and more.
Various universities offer various subjects depending on their analysis of the current law market. However, if talk in general, the subjects indudes in business laws are Law and Social Transformation in India, Judicial Process, Indian Constitutional Law: The New Challenges, Law of Industrial and Intellectual Property, Legal education and research Methodology, International Trade Law, Environmental Law, Legal Regulations of Economic Enterprises, Business Laws, Law Relating to Regulatory Authorities, Insurance Law, Alternative Dispute Resolution & Securities Law, and a few more.
In India, there is only one institution so far that offers LLM program in a blended learning mode which is OP Ji,ndal Global Law School. It means they offer law programs in hybrid mode. They offer an LLM program in various specialization including Corporate & Financial Law, AI and Emerging Technologies, Intellectual Property & Technology Law, Dispute Resolution, and Taxation Law, Policy and Regulation.
Uncountable skills are there if we start calculating them, let’s know a few of them which plays the major role in the court of law and these are conduct deep research on the case, critical thinking, enhance attorney-client confidentiality, critical thinking, develop writing skills, technological affinity, paying attention to details, negotiation, and a lot more.
By Sonika
3 Years of experience/ academic writer/ freelance writer
An academic writing expert and a freelancer with an experience of 3 years.
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