Business Laws - The Basics

Business Laws - The Basics

by: E.SAUNDERS

A professional degree in Juris Doctor relates to a higher grade of studies in
law. With business houses expanding in size and the legal issues gaining higher
importance for day to day working of large corporates, demand for Juris Doctor
professionals has been increasing. As the business interacts more with the
society and their other counterparts need to resolve legal matters emerge
simultaneously. All this has given an impetus to students aiming for career in accounting.
law field. But a purely law background without any corporate experience may not
be well accepted by business industry. Top ranked services in companies also
demand a graduate in business organization along with lawyer’s degree.

As demand for combined degree in JD and business is being a preferred
combination to build a rewarding career in law. Business and law schools at
various places have joined hands to impart students with best career courses. At
many places Law Schools providing degrees of Juris Doctor and business school
providing Master in business administration present a cooperative program for
the convenience of aspiring students. This opportunity to avail concurrent
degrees in both fields is a stepping-stone for success of students. Students who
cannot travel to different places at the same time have a best prospect of
finding excellent professional training under one roof.

Surviving in the law field gets tougher from the day one tries to enter the
school of law. Getting admission requires fulfilling entire formalities along
with earlier creditable basic high school record, clearing the admission test
for the law school and even recommendations from people. The same is applicable
for business studies a student is required to prove his quantitative skills and
efficiency in microcomputers to get admitted. A dedicated and hard work during
the courses ensures students with excellent results which in turn to provide
better career opportunities.

A law person has various prospects for different types of career that he would
like to accept. Depending on his caliber and willingness to work hard a lawyer
can decide upon practicing law in an exclusive law firm or he may choose to be
an in house lawyer. An exclusive law firm requires an extensive knowledge of one
particular area in law where as an in house lawyer is required to deal with
entire aspects of legal issues that relate to the particular company in which he
is involved.

While undergoing training in one of the law schools a student would learn about
different aspects of law like civil law, criminal procedures, constitutional
law, contracts, property, professional responsibility, basic federal income
taxation, legislative and administrative interpretation and many others. The
syllabus is cautiously devised to ensure that students receive exhaustive
training to deal with maximum situation in the professional front. Similarly
Masters Degree in Business administration imparts education in business for
global society, corporate finance, managerial accounting, information resource
management, strategic management, master’s project and other similar relevant
courses. Anyone pursuing both law and business studies simultaneously has an
advantage of studying some courses that are counted towards both degrees and
hence a considerable amount of work is reduced for these students.