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ASSIGNMEN

T ON
CORPORATE
LAW VS
LITIGATION

SUBMITTED BY: SUBMITTED


TO: ADV. PRAGYA SACHAN
IMAGINE HUGE
B.A.LL.B.,LL.M(CORPORATE LAW) PRIVATE
LIMITED
INTRODUCTION- Legal education in India has been governed by Bar Council of
India. A law degree opens door to wide range of professions such as research,
education, government jobs, banking, finance, fashion, sports, environment and
many more. Law field is very huge and diverse. Every profession and every field of
law is important. Awareness of law is too important for our society. It covers an
essential part of our everyday living.

MEANING OF CORPORATE LAW - Corporate law deals with the formation of


corporations and their dealing with each other, with other businesses, and in
interaction with the various levels of government, tax, organizations and the
public.

MEANING OF LITIGATION - Litigation is the practice of taking case to court to


resolve the dispute or charge someone with a crime. Litigation lawyers will work
in consultation with their client or represent their case and best interests to the
court, with either a judge or a jury to get their client a favorable outcome.

REASONS WHY YOU SHOULD CHOOSE LITIGATION- Litigation is a field


where you explore yourself to get name and fame.

*In beginning you need to work hard but later you get the amount you demand,
litigation gives you huge amount of money.

*Lawyers have liberty to make their own choice, to choose their clients, to set
fees, choose their own practice area. So that we can say that Lawyers are
autonomous.

*Litigators are placed /employed throughout the year and they do not have to
worry for low economy, as it does not affect their work.

*Lawyers are prestige for our society. Lawyers have impressive degree and
authority over others.

*A lot to learn, a litigator deals with practical problems of his client, they get to
know the problems which people face at large.
REASONS WHY YOU SHOULD NOT CHOOSE LITIGATION-
*Tt takes years to built and establish name in the market.

*No money in the beginning.

*Lots of hard work, you need to establish your name as an individual lawyer.

*In the beginning there is no work, you need to search for work and clients.

* In the beginning people have a difficulty to make faith in you.

REASONS WHY SHOULD YOU CHOOSE CORPORATE PRACTICE-

*A corporate job gives you hefty sum of money from the beginning; you do not
need to worry for money if you are a corporate lawyer.

*In corporate practice, struggle for money is less than litigation.

*In corporate there is assurance of job, your job is fixed if you work well.

*You get good knowledge of business law, current business laws, regulatory
development, legislative and budget.

REASON WHY YOU SHOULD NOT CHOOSE CORPORATE LAW-


*In corporate field, when economy is low you do not get employed throughout
the year or there is less job availability.

*You will have to work insane hours and often under immense pressure.

*You have to work under control and on the set guidelines.

*In corporate law there is fixed places and fixed job (desk work).

*Formal work, and less interaction with colleague.


CONCLUSION- Every field of law has some pro and cons, which makes it equally
good and bad. Corporate law and litigation both are important field of law. You
have to choose your work area as per your interests