COURT ROOM PRACTICE AND FIRM PRACTICE DIFFERENCES
Choosing law as a career is itself a very vast decision. It takes a lot to be a good lawyer. One needs to go through a hectic process which is of course very time consuming.
Well, once in a lifetime after completing his/her studies, a law student has to go through a very important decision i.e. whether to choose a comfortable life and go for corporate firms or cut his teeth in litigation practice.
LITIGATION OR LAW FIRM? A REAL TOUGH DECISION
Litigation process is a remunerative process and is best for the ones having experience with lawyers in the family to offer guidance. First generation lawyers have to face a lot of difficulty to gain success in the litigation field. Patience, diligence, good communication skills and a faculty for criminal analysis are some of the important characters one needs to inherit to gain success and survive in the long run.
Corporate lawyers basically needs two main criteria to be fulfilled i.e.
a) Advice on compliance with various laws or corporate governance for the effective functioning of business.
b) Advice on business alliance in various forms.
Well, choosing between the two can be a tough task for a fresh law graduate candidate. Hence, one needs to analyse his/her skills properly to choose between the two.
Confidence, good communication skills, command over language and belief in the adversarial mode and vindication of rights surely indicates that a candidate is fit for litigation and can excel in this field.
Nonetheless, if one has belief in strategic alliances than conflicts or economic and financial data holds interest then one can surely go for corporate firms.
Thus, ones interest and talent is one of the most important factor in determining the field he/she wants to choose.
The nature of work you want is also one of the factors which helps you in determining the kind of field you want to go in. Like, if continuous litigation makes you unhappy and you want to advocate for a single cause or might be the case that you are dealing with litigation conflict which makes you feel that one is always on the wrong side of every issue then you should surely not go for litigation.
On the other hand, if one enjoys business practice and would prefer to work with small business or start-up-ventures or represent clients in civil or criminal cases, business transactions, and other matters in which legal advice or other assistances are sought then he/she can opt for law firm practices.
There are various options for law graduates. Apart from joining law firms or going for litigation one can also opt for research, publication and can also get specialization in Intellectual Property, Taxation, Competition Law, Sports Law and Arbitration.
There are law graduates who choose litigation and there are also law graduates who prefer corporate law firms. It totally depends on their skills and interest. In present era we see equal rise in both the sectors. On one hand there are law graduates who think litigation as a waste of time and money, whereas on the other hand there is growth in litigation sector with young talents coming up with dedication. Not ignoring the fact that senior lawyers take advantage over junior lawyers and they don’t often get the chance to present themselves in front of court which is seen to be changing fast. Corporate firms with their handsome salary and lavish lifestyle do attract a lot of young generation lawyers and thus many new entrants run towards corporate firms.
Thus, the ultimate decision lies with the candidates who first need to scan their talent and interest and then give a final call. Work becomes easier when you do what you like. So better decide wisely.
BY: ALISHA BAWA