Law students intrigued by the inner mechanisms of the business world can propel their career with one of Grad School Hub's 15 Best Master's Degrees in Business Law.
Lawyers act as both advocates and advisors for their clients. As advocates, they present evidence and arguments in support of their clients in a trial. As advisors, they counsel clients on rights and responsibilities and propose favorable courses of action in personal and business matters.
Business law, sometimes called commercial law or mercantile law, examines regulations over govern commercial practices. Business Law programs equip students with skills like drafting contracts, understanding income tax, and navigating international trade deals.
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Best Master's Degrees in Business Law
What kind of Business Law degree should you get?
Every Master's in Business Law program varies in scope, focus, and degree type. The primary postgraduate law degree is a Master of Law or LLM. Other common graduate law degrees include Juris Doctor, or JD; and Master of Science in Legal Studies, abbreviated as MLS. Each of these degree programs typically requires an initial law degree
The following Masters of Law programs present a variety of curricula, degree routes, and learning environments to suit individual needs and aspirations. Some programs offer hands-on legal experience, while others take research- and theory-based directions. International Business Law programs allow students to navigate legal seas far and wide. Students looking to settle somewhere long-term may choose a law school with a thriving local legal community.
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How much money do people make with a Business Law degree?
In May 2017, the median annual wage for lawyers was $119,250, or approximately $57.33 per hour. Most lawyers work full-time, but many find themselves working over 40 hours a week. The legal field has experienced an eight percent job growth rate, which is about as fast as average growth rate across all industries. Competition is expected to be stable over the next ten years because annual law school graduates outnumber available jobs.
What can you do with a degree in Business Law?
Every U.S. lawyer must possess at least one law degree, which typically requires them to pass a state bar exam. The majority of lawyers go on to work in private and corporate legal offices, while others work for federal, local, and state governments.
Lawyers with Business Law degrees may work as corporate counsels, or in-house counsels, for corporations. Corporate counsels advise executives on business activities such as contracts, patents, regulations, and taxes. Business Law degree holders may also specialize in a particular area of business law as taxation, intellectual property, or securities.
Without further adieu, here are Grad School Hub's 15 Best Masters in Business Law!
