And consulting with my professors along with the people whom my friends knew as corporate lawyers, Iwas able to understand that the job responsibilities in relation to this particular career is quite challenging. Udoubtedly, te sustenance as well as the legal viability of a corporate entity relies upon the shoulders and competitiveness of the lawyer which further determines the livelihood of many people. Ialso observed that corporate lawyers in today’s highly competitive scenario need to handle multiple deals at once, wich further creates a mental as well as stress upon the professionals making them work for 24x7.
Hwever, dpending on the excellence of the professional, i can be affirmed that job security is greater in this career path in comparison to various other choices. I is in this context that corporate lawyers can also operate as a self-employed, oce he/she gains the reputation of a reliable lawyer amid the industrial context (Graham, “y Law Career Lasted Two Years”; Gch, “orporate Law: Aea Of Practice”). Te fundamental skills required to be possessed by a competitive corporate lawyer is understanding of the business operations in order to identify the clients’ needs and the actual legal problem along with the understanding of the judicial policies, wich in turn assists them to address the issue with greater criticality as per the demand of the client.
Hwever, crporate lawyers also need to concentrate upon various other factors including the ethical concerns to support their clients, wich in turn increase their mental pressure. Aditionally, a the preparation of legal formalities and the entire process is considered as a lengthy and tiring te may have to work for long hours witnessing physical stress as well (Schneider and Belsky 100-107).
Nvertheless, te US Bureau of Labor Statistics report have predicted that a substantial rise in the demand for corporate lawyers is quite likely to take place within 2018 which increases the chances of gaining a competitive job position after my graduation. O an average, te current salary structure for a corporate lawyer is identified as USD 110,590 per annum which again increases with the experiences of the professional. Te remuneration can vary on basis of the corporate firm and the criticality of the issues dealt with; hnce, rndering greater opportunity of earning a handsome salary (Education-Portal.
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