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.
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.
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.
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.
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.
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
Do I get to work at PSU after LLM?
Yes, and the salaries offered are very competitive as well.
Which PSUs hire after LLM?
Power Grid Corporation of India Limited, Indian Oil Corporation Limited (IOCL), BHEL, ONGC, NTPC hire on completing LLM program through CLAT PG.
Can I work abroad with LLM degree got from India?
Yes, nations like Canada holds Indian LLM degree valid to have a career in Canada in the field of law.
Does pursuing LLM promise me a good career?
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.
Do LLM degree holder earn more than LLB holder?
Yes, in most cases.
What are the benefits of LLM in corporate law?
Your earning potential will increase with an LLM in corporate law.
What are the benefits of LLM in criminal law?
It's a relevant specialization in the market, so there are several job opportunities.
What are LLM benefits in judiciary?
Although it's not mandatory to have LLM for Judiciary, your earning potential and work opportunities increase.