With technology proliferation and new ways of doing business, it is important to choose a course in law that benefits students to get jobs in modern new corporations. The legal departments of big multinational companies is seeing increased pressure on in-house lawyers and advocates to understand technology, and leverage intricate intellectual property issues arising out of corporate transactions. Is our education system and current course in law sufficient to provide such trained legal workforce?
The traditional courses in law, like Torts, Penal Code, Family Law and Property Laws definitely make you a complete lawyer, a lawyer who can solve day to day problems of individuals, friends, family and clients. These entire courses in law and statutes were framed during British Raj and are still being taught in our law colleges. For example, a course in law on Penal Code will make you sought after and popular in the society, in general. But aren’t these courses the same that three generations above us studied and practiced.
However, the modern day society has need for specialized knowledge. For example, a corporate entity in India may have to enter into several hundred contracts (and no exaggerations here) each day in order to function and deliver its products in the market. A single corporate entity will need to contract with Vendors, Employees (offer letters), Recruiters, Suppliers, Consultants, Agents and even it’s trainers. All this, multiple times in a day. It does need a specialized in-house team of lawyers to manage contracts in-house.
The Modern day laws are mostly based on how we interact with each other and protect technological innovations. Due to course curricula in law colleges, unable to provide quality education in modern laws, IALM (www.ialm.academy) has partnered with several leading institutions (for example, Amity Law School) to deliver quality education in upcoming developing legal field.
In this regard, IALM conducted an online student survey in August, 2015 to give students a choice to study additional subject of their choice. The IALM survey was conducted from more than 22 Indian Law Schools, spread across 11-states representing all the four regions of the country. With total of 330 participants, nearly 60 % were Girls and 40 % were boys respondent. The students seem to be interested in the following top 10 courses in law:
2) Trademark filings,
3) Environment Compliances Laws
4) Patent Drafting Techniques
5) Company Act Compliances
6) Labor Laws Compliances
7) Corporate Contract Drafting
8) Mergers and Acquisition
9) Banking Laws.
10) Regulatory Bodies and Legal Practices
The IALM online survey clearly shows the inclination of the students to learn more about modern day laws, and to face up to newer challenges that global economy has thrown onto Indian Law Students. There was hardly any respondent to learn any of the traditional course in law.
The results of the survey were astonishing and shocking. Are we teaching wrong courses in Law? Maybe and Maybe not. It may be that students already have grasp of traditional law courses being taught in their colleges and they still want to learn and equip themselves further.
We can only make one conclusion of IALM survey, the institution and legal system needs to gear up more towards corporate and technology related laws to help modern businesses grow.