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Benefits of pursuing an LLM?

Author : Palak Khanna

September 5, 2022

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If you are an LLB graduate and questioning - if applying for an LLM program is worth it? This article will help you make a better decision. 

Regardless of the benefits that come along with holding an LLM degree, personal interest also plays a huge role in pursuing the course. Therefore, understand what you want your academic and professional life to look like.

LL.M. is the postgraduate degree you can pursue after completing an undergraduate program in law with qualifying marks. 

Most LLM program admissions are based on scores obtained in entrance exams conducted at national, state, and college levels. 

However, a few colleges offer admission based on merit scores obtained in your UG Law degree.

Let's dive into understanding the benefits of doing LLM in India?

What are the benefits of pursuing LLM?

On performing some research, here are a few Benefits of pursuing an LLM? found that will help you decide how pursuing an LLM can be to your benefit and answers is LLM necessary after LLB? 

1. Specialization in a particular area

  • You would already know that in law, you have various fields of specialization. If you find yourself particularly drawn to an area of discipline like Criminal law, Commercial law, Intellectual Property law, etc.? 
  • Apply for the LLM program in that particular specialization. 
  • Having an LLM degree will not only help you hold in-depth knowledge of the respective field but will also help you land jobs in Criminal law, IP law, etc., and have a career of choice in the field you like. 

Download FREE Study Material for CLAT PG 2023 by LegalEdge After College

2. Have more career opportunities 

  • A career in law is very promising; if you do some research, you will know! 
  • More job opportunities are open to students with LLM as law officers, legal advisors, etc. There are growing fields like the Corporate and financial sectors that need more post-graduation students to work for them as they require students with in-depth knowledge. 
  • You can also have jobs in areas like NGO, Real estate, where you can land jobs immediately as a fresher. 
  • On obtaining 55% in LLM and applying through CLAT PG, you can work with PSUs like Power Grid Corporation of India Limited, Indian Oil Corporation Limited (IOCL), BHEL, ONGC, NTPC.
  • You can also find jobs in established government and private sectors like Railway Defence, Marketing, Retail, Insurance, etc.

Check: Upcoming Law PG Exams in India

3. Work in 1st world countries 

  • If you want to gain experience in working in the 1st would a country like Canada, holding an LLM degree is fruitful, as there are several job opportunities posted yearly for LLM graduates. 
  • If you wish to explore working in other countries accepting Indian LLM degrees, you have a good reason to pursue the course. 
  • You can have a career as a Corporate Lawyer, Business Affairs Lawyer, Internal Disputes Lawyer, Taxation Lawyer, Family Legal Consultant, Criminal Lawyer, Trade Lawyer, or International Affairs Consultant in Canada. 

Check: CLAT PG Exam 2023

4. Better Salary 

There’s no doubt that an LLM degree holder will be able to earn much more than an LLB holder when their career starts and progresses. 

Let's check the average salary LLM holder can get : 

Specialization Salary
LLM in International Law INR 5 LPA
LLM in Criminal Law INR 3.5 LPA
LLM in Corporate Law INR 4 LPA

Salaries offered in Private firms: 

Pretigous Private Hiring Companies Salary
MAERSK INR 8 LPA
IBM INR 10 LPA
Star Network INR 10 LPA
Morgan Stanley INR 18 LPA
L&L Partners INR 14 LPA
Ernest and Young INR 15 LPA

CLAT Online Coaching

CLAT Online Coaching

5. Dreams of holding a PhD

If you wish to be a Ph.D. holder, there is no shortcut other than clearing the LLM program. 

This will help you boost your earning potential and land you better opportunities to work at a bigger law firm as well. 

There are several specializations; a few are listed as follows: 

  • PhD in Interdisciplinary Law
  • PhD in International Law
  • PhD in Legal Studies 
  • PhD in Cyber Security
  • PhD in Civil Law 
  • PhD in Jurisprudence

6. Career branches for LLM graduates

If you pursue your LLM program, you can choose from the following specializations: 

  • Constitutional Law
  • Jurisprudence
  • Criminal Law
  • Insurance Law
  • Environmental Law
  • International Trade and Business Law
  • Intellectual Property Law
  • Taxation Law
  • Human Rights
  • Corporate Law and Governance

CLAT Mock Tests

CLAT Mock Tests

After completing LLM in these specializations, you can work as a Legal Consultant, Legal Document Reviewer, Advocate, Magistrate, Judge, Solicitor, Lecturer, Public Prosecutor, Law Reporter, and so much more. 

7. LLM degree has international recognition

  • As mentioned earlier, pursue an LLM program if you want to explore working in a different country. 
  • In Canada, the NCA evaluates the internationally-obtained credentials of lawyers who wish to practice in Canada.
  • And they have announced that the law degrees of legal professionals from India will be considered equivalent to those from the United Kingdom and Australia. 

Check: AILET LLM exam 2023

8. In-Depth Knowledge

  • Indeed, a lot of job opportunities have up in recent years. However, private law firms like Morgan Stanley and L&L Partners look for LLM graduates as they want to hire candidates with in-depth knowledge in a particular field like Banking and Finance lawyers, Senior Consultants, Media Rights Lawyers, etc. 
  • Therefore with an LLB degree, it's very unlikely for you to crack these interviews, and most likely, your candidature will not be selected even for the first round. 
  • If you wish to work in multinational law firms across the globe, consider pursuing an LLM degree.

9. More demand and quality clients

  • If you decide to start a private law firm, you are likely to get more quality clients paying you better if you hold the LLM in the niche specialization. 
  • If you would like even a freelance job, it is better for you to hold LLM, so you have enough knowledge to work independently.

Check: CUET PG LLM Exam

10. Teachers on demand with LLM degree

  • Most prestigious education institutions and high-paying teachers have LLM degrees. 
  • Some colleges do not qualify candidates without an LLM degree. If you dream of teaching, consider applying for the LLM program. 
  • Most universities consider good scores in the UGC NET examination for admissions. 
  • To apply for UGC NET, you must have a minimum of 55% in LLM to work as a law faculty in top universities across the country. 

Hope these Benefits of pursuing an LLM? you find helpful! 

Frequently Asked Questions

Yes, and the salaries offered are very competitive as well. 

Power Grid Corporation of India Limited, Indian Oil Corporation Limited (IOCL), BHEL, ONGC, NTPC hire on completing LLM program through CLAT PG.

Yes, nations like Canada holds Indian LLM degree valid to have a career in Canada in the field of law.
Without a doubt, if you clear the exam with good marks and have in-depth knowledge in a particular specialization, you will definitely have an excellent career. 
Yes, in most cases. 
Your earning potential will increase with an LLM in corporate law.
It's a relevant specialization in the market, so there are several job opportunities. 
Although it's not mandatory to have LLM for Judiciary, your earning potential and work opportunities increase.
  • Home
  • Benefits of pursuing...

Benefits of pursuing an LLM?

Author : Palak Khanna

Updated On : September 5, 2022

SHARE

If you are an LLB graduate and questioning - if applying for an LLM program is worth it? This article will help you make a better decision. 

Regardless of the benefits that come along with holding an LLM degree, personal interest also plays a huge role in pursuing the course. Therefore, understand what you want your academic and professional life to look like.

LL.M. is the postgraduate degree you can pursue after completing an undergraduate program in law with qualifying marks. 

Most LLM program admissions are based on scores obtained in entrance exams conducted at national, state, and college levels. 

However, a few colleges offer admission based on merit scores obtained in your UG Law degree.

Let's dive into understanding the benefits of doing LLM in India?

What are the benefits of pursuing LLM?

On performing some research, here are a few Benefits of pursuing an LLM? found that will help you decide how pursuing an LLM can be to your benefit and answers is LLM necessary after LLB? 

1. Specialization in a particular area

  • You would already know that in law, you have various fields of specialization. If you find yourself particularly drawn to an area of discipline like Criminal law, Commercial law, Intellectual Property law, etc.? 
  • Apply for the LLM program in that particular specialization. 
  • Having an LLM degree will not only help you hold in-depth knowledge of the respective field but will also help you land jobs in Criminal law, IP law, etc., and have a career of choice in the field you like. 

Download FREE Study Material for CLAT PG 2023 by LegalEdge After College

2. Have more career opportunities 

  • A career in law is very promising; if you do some research, you will know! 
  • More job opportunities are open to students with LLM as law officers, legal advisors, etc. There are growing fields like the Corporate and financial sectors that need more post-graduation students to work for them as they require students with in-depth knowledge. 
  • You can also have jobs in areas like NGO, Real estate, where you can land jobs immediately as a fresher. 
  • On obtaining 55% in LLM and applying through CLAT PG, you can work with PSUs like Power Grid Corporation of India Limited, Indian Oil Corporation Limited (IOCL), BHEL, ONGC, NTPC.
  • You can also find jobs in established government and private sectors like Railway Defence, Marketing, Retail, Insurance, etc.

Check: Upcoming Law PG Exams in India

3. Work in 1st world countries 

  • If you want to gain experience in working in the 1st would a country like Canada, holding an LLM degree is fruitful, as there are several job opportunities posted yearly for LLM graduates. 
  • If you wish to explore working in other countries accepting Indian LLM degrees, you have a good reason to pursue the course. 
  • You can have a career as a Corporate Lawyer, Business Affairs Lawyer, Internal Disputes Lawyer, Taxation Lawyer, Family Legal Consultant, Criminal Lawyer, Trade Lawyer, or International Affairs Consultant in Canada. 

Check: CLAT PG Exam 2023

4. Better Salary 

There’s no doubt that an LLM degree holder will be able to earn much more than an LLB holder when their career starts and progresses. 

Let's check the average salary LLM holder can get : 

Specialization Salary
LLM in International Law INR 5 LPA
LLM in Criminal Law INR 3.5 LPA
LLM in Corporate Law INR 4 LPA

Salaries offered in Private firms: 

Pretigous Private Hiring Companies Salary
MAERSK INR 8 LPA
IBM INR 10 LPA
Star Network INR 10 LPA
Morgan Stanley INR 18 LPA
L&L Partners INR 14 LPA
Ernest and Young INR 15 LPA

CLAT Online Coaching

CLAT Online Coaching

5. Dreams of holding a PhD

If you wish to be a Ph.D. holder, there is no shortcut other than clearing the LLM program. 

This will help you boost your earning potential and land you better opportunities to work at a bigger law firm as well. 

There are several specializations; a few are listed as follows: 

  • PhD in Interdisciplinary Law
  • PhD in International Law
  • PhD in Legal Studies 
  • PhD in Cyber Security
  • PhD in Civil Law 
  • PhD in Jurisprudence

6. Career branches for LLM graduates

If you pursue your LLM program, you can choose from the following specializations: 

  • Constitutional Law
  • Jurisprudence
  • Criminal Law
  • Insurance Law
  • Environmental Law
  • International Trade and Business Law
  • Intellectual Property Law
  • Taxation Law
  • Human Rights
  • Corporate Law and Governance

CLAT Mock Tests

CLAT Mock Tests

After completing LLM in these specializations, you can work as a Legal Consultant, Legal Document Reviewer, Advocate, Magistrate, Judge, Solicitor, Lecturer, Public Prosecutor, Law Reporter, and so much more. 

7. LLM degree has international recognition

  • As mentioned earlier, pursue an LLM program if you want to explore working in a different country. 
  • In Canada, the NCA evaluates the internationally-obtained credentials of lawyers who wish to practice in Canada.
  • And they have announced that the law degrees of legal professionals from India will be considered equivalent to those from the United Kingdom and Australia. 

Check: AILET LLM exam 2023

8. In-Depth Knowledge

  • Indeed, a lot of job opportunities have up in recent years. However, private law firms like Morgan Stanley and L&L Partners look for LLM graduates as they want to hire candidates with in-depth knowledge in a particular field like Banking and Finance lawyers, Senior Consultants, Media Rights Lawyers, etc. 
  • Therefore with an LLB degree, it's very unlikely for you to crack these interviews, and most likely, your candidature will not be selected even for the first round. 
  • If you wish to work in multinational law firms across the globe, consider pursuing an LLM degree.

9. More demand and quality clients

  • If you decide to start a private law firm, you are likely to get more quality clients paying you better if you hold the LLM in the niche specialization. 
  • If you would like even a freelance job, it is better for you to hold LLM, so you have enough knowledge to work independently.

Check: CUET PG LLM Exam

10. Teachers on demand with LLM degree

  • Most prestigious education institutions and high-paying teachers have LLM degrees. 
  • Some colleges do not qualify candidates without an LLM degree. If you dream of teaching, consider applying for the LLM program. 
  • Most universities consider good scores in the UGC NET examination for admissions. 
  • To apply for UGC NET, you must have a minimum of 55% in LLM to work as a law faculty in top universities across the country. 

Hope these Benefits of pursuing an LLM? you find helpful! 

Frequently Asked Questions

Yes, and the salaries offered are very competitive as well. 

Power Grid Corporation of India Limited, Indian Oil Corporation Limited (IOCL), BHEL, ONGC, NTPC hire on completing LLM program through CLAT PG.

Yes, nations like Canada holds Indian LLM degree valid to have a career in Canada in the field of law.
Without a doubt, if you clear the exam with good marks and have in-depth knowledge in a particular specialization, you will definitely have an excellent career. 
Yes, in most cases. 
Your earning potential will increase with an LLM in corporate law.
It's a relevant specialization in the market, so there are several job opportunities. 
Although it's not mandatory to have LLM for Judiciary, your earning potential and work opportunities increase.

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