Commercial Law is a broad term for a range of legal services designed to support businesses in making money from their products and services. Some of the common legal issues that are regulated or resolved through Commercial Law include contract violations, advertising and marketing disputes, unfair competition, consumer complaints, and protection of intellectual property.
Commercial law, also referred to as mercantile law or trade law, is the body of law that governs the rights, relationships, and actions of people and businesses involved in commerce, merchandising trade, and sales. It is frequently seen as a branch of civil law that deals with both private and public law issues. The article talks about how this body of law helps in regulating businesses and how they do their work around frameworks set by this law.
Commercial Law Highlights
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Course |
Commercial Law |
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Eligibility |
Passed 10+2 from a recognized board in any of the Commerce or Arts stream with securing a minimum of 45% marks. |
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Examination type |
Either by Entrance Exams or by Merit |
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Job Roles |
Advocate/Lawyer, Law Reporter, Public Prosecutor, Human Resource Manager, Assistant Advisor, Law Officer, Deputy Legal Advisor, Business Consultant, Management Accountant, Attorney General, etc. |
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Average Salary |
INR 3 Lacs to INR 10 Lacs per annum |
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Top Recruiting Companies |
Govt and Privet sector |
Eligibility Criteria for Commercial Law
1. As mentioned earlier, there is no undergraduate civil law course as such it is taught as a part of the LLB curriculum.
2. Civil law courses are available only at the postgraduate level. To be eligible to get an LLM degree in civil law course, one must possess an LLB degree from a recognized university.
3. Entrance examinations are held for admission into the master of law course.
4. One must pass those exams with the stipulated cut-off marks.
Admission Process
1. One cannot study civil law after class 12 as it is not offered in India in any undergraduate course.
2. The students have to enroll themselves in the LLB program. For the LLB course of 3 years, the candidates have to score a minimum of 45% marks in the class 10+2 examination from a recognized board.
3. For admission into the BA LLB course of 5 years, the criteria remain the same. However, there is a relaxation in the marks percentage for reserved category students.
Career after Commercial Law
All commercial and business laws are associated with different types of legal issues. The most common among them is the violation of contracts. In addition to this, there are several other issues such as advertising disputes, marketing term violations, unfair trade practices, deficiency in service, consumer complaints, and leakage of trade secrets.
Law professionals have plenty of career options. After the successful completion of the course, there is a wide scope of career opportunities where the individual can apply. The career opportunities in the field of Commercial Law are based on the candidate’s performance.
The course of Commercial Law has a huge scope giving career opportunities to individuals in the field. They are further hired in various organizations like KPO, LPO, etc. The scope of this field keeps expanding with more and more business firms coming up.
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Job Profile |
Job Description |
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Legal Officer |
The main responsibility of a Legal Officer is to look after the cases and take action on it. He/she has to ensure that the legal action taken is best for the client. They are also responsible for monitoring and giving advice to their clients. |
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Legal Advisor |
The Legal Advisor has to look after the case and give them advice in order to take legal action. They have to prepare documents, and also provide legal support. They also have to look after the contract between the vendors and the one who is doing business. |
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Commercial Lawyer |
Commercial Lawyers have to deal with business matters and also look after commercial matters. They have to assist in transactions, documents, etc. |
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Legal Researcher |
A Legal Researcher is responsible for looking after the research that is done. He/she has to undertake the aspects of Law and do in-depth research regarding the same. The main focus is to learn about certain areas of Law. |
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Legal Assistant |
The Legal Assistant is responsible for assisting the higher lawyer in assisting the documents, gathering information, etc. They also help the lawyers with the trial. |
