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James Jon April 10, 2019 What are The Career Options and Educational Requirements in Business Law?
What is Business Law? Business Law is the study of all legal aspects related to the starting and running of a business. Business Law ascertains rules that states that how a business should run. Any alert business person is well aware of terminology of business law so that he or she can run and manage their business efficiently. They are also aware of the fact that when to take advice from a legal person who is well versed in the business law.
What are the Educational Requirements for a Career in Business Law? Business Law needs some formal educational requirements to be fulfilled before starting a career. A postgraduate degree is a must to become an expert in business law. These degrees are JD or Juris Doctor or LLM postgraduate degree. These degrees should be accompanied by a legal license from the concerned authority. There is a significant growth in the percentage of jobs available for business lawyers, financial analysts, and all paralegal persons. These people specialize in providing legal advice on issues related to business procedures and transactions. To know more about the need of business management, you can check in articles posted by BookMyEssay over business law assignment writing help.
What are the Job Opportunities for my Degree in Business Law? There are some specialized careers for those people who are pursuing a legal career and business environment together. Those who want to have a law degree can become a business lawyer. The other students who have earned a J.D. degree or L.L.M. degree can have positions as a business attorney, paralegal advisor or financial analyst. These job opportunities are discussed below:
1. Financial Analyst • These do not need law directly but a sound knowledge of the law is very much essential in a business environment. They should be well-versed in investments and risk management procedures. The job opportunities for financial analysts have been increasing with a growth percentage of about 12%.
2) Paralegal Advisors • These are legal assistants of prominent lawyers who assist them in research analysis, documentation and legal drafting and organization of files. These can have an associate degree, bachelor degree and even a master degree in this field.
3) Business Lawyer • They focus on business law. These can work for private or public firms which can be small or big. These can also work for government agencies and can also be involved in the private practice of their own.
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