Become a Business Lawyer at Law School
Many business organizations run into conflicts, and it’s always smart to be proactive about conflict resolution and take smart steps to prevent them. While conflicts can be avoided and resolved, they can also arise and require mediation or litigation. In either case, a Business Lawyer can help you determine the best course of action. You can also call upon the services of an experienced attorney in the area, like Daniel Kron.
Law school is not required to become a business lawyer
While attending law school is necessary for a career as a business lawyer, you do not need a major in business to pursue this career. However, it helps if you have a good understanding of the basics of business operations. For example, you can take a course in business administration to learn how businesses run.
While most law schools follow a similar curriculum, the program requirements will vary from one school to another. Some schools may require more core classes while others offer more specialized tracks. Real Estate Lawyer Palmdale It is best to find a program that fits your goals and interests. Taking into account the type of law you want to practice and the type of firm you would like to work for, you can narrow down your search.
To become a lawyer, you must earn a Juris Doctor degree and pass the bar exam. The average salary of a lawyer in the United States was $115,820 in May 2015, according to the U.S. Bureau of Labor Statistics (BLS). Those working for private law firms are typically paid more.
Courses in Securities Regulation and Contract Drafting
One of the most helpful courses for business lawyers is the course on Securities Regulation. This course focuses on federal securities laws and the work of the Securities and Exchange Commission (SEC). Securities regulations govern how public companies issue and sell securities and other financial instruments, including stock and bonds. These laws also impose ongoing legal obligations on public companies, including periodic disclosures to investors.
This course is a required core course in most business law curricula. It is typically taken by JD students in their first or second year. Those pursuing LLM degrees should take it in the fall semester. Students may wish to take it concurrently with other courses in order to gain the requisite background knowledge.
The course also covers the law applicable to business entities. This course emphasizes corporations and corporate governance, and uses financial economics concepts to teach students the ins and outs of these contracts. Students also learn how to analyze contracts and draft specific contract provisions. Exercises are designed to make students familiar with the language and structure of contracts, and many simulate working with a fictional client.
Additional classes are required
During law school, students are required to take additional classes in a variety of subjects. These courses can be very useful for students considering a career in business law. These classes will cover core doctrinal concepts, as well as explore strategic aspects of commercial contracting. Students will also explore the limitations of the legal system. Some states also require continuing education credits for attorneys. Nevertheless, law students don’t need to have extensive knowledge of business to become successful in business law.
The Humanities major may have more potential in business law. This field is often viewed as a social science, and students who major in humanities may be well-suited to the field. If this is the case, they might want to minor in political science, psychology, or economics. A hybrid major is also possible, so it is possible to become a business lawyer and major in other subjects, such as economics or political science.