Being skilled in International Business Law is a surefire way to career success!
Since the onset of globalisation, there are tens of thousands of newer and newer jobs and career-opportunities opening up for budding international business law professionals.
And the stakeout is also high!
These stellar opportunities are readily available for you as an international business lawyer.
However, you may feel some stress-points in your journey as you grow your career as an international business lawyer.
For instance, you may feel bogged down by the vastness of this stream of law that involves international business.
It is natural to feel so.
After all, there are so many countries and so many laws in each country on business.
Don’t worry.
With a structured and systematic approach, you, too, can master the requisite skills and know-how that will help you shine as a successful international business lawyer of tomorrow!
What’s more, you can develop an incredible profile that no prospective recruiter or client can ignore while you are acquiring the requisite skills to become a legal-eagle in international business law at the same time!
For example, whichever part of the world you may be from, you would need the following general skill-sets to excel as an international business lawyer:
GENERAL SKILLS FOR INTERNATIONAL BUSINESS LAWYERS
How to structure legally-sound, tax-efficient international investments, business operations, contracts and exits that maximize shareholder value:
The following picture shows the 3 major steps needed to set up an offshore company.
Even If you have a basic understanding of law, you will already have a basic idea of why international business lawyers are needed in each of the following steps.
Working on international protection and enforcement of intellectual property
The following picture, sourced from the US Department of State, makes it clear how intellectual property plays a crucial role in global business:
But international business law is not just all about setting up or expanding businesses abroad or intellectual property.
How to reduce non-compliance risks for firms, companies and other business concerns and all relevant stakeholders
Research done by Thomson Reuters © in 2018-19 reveals how, by 2018, international corporate compliance had become a major sector of international business:
This growth continues unabated. With the right skills, you can make it big in international business law as a compliance specialist!
How to incorporate, launch or expand a company abroad and enforce business contracts in offshore jurisdictions including in tax havens
To grow as an international business lawyer, you also need to have an in-depth knowhow on tax havens.
Tax havens are places where people and businesses keep their income safe and take refuge from heavy taxation in their home country.
Helping such people or business concerns to legally save up some of their hard-earned money can be your sure-shot path to success as a business lawyer.
Some well-known tax havens around the world
| SL. NO. | TAX HAVEN |
| 1. | BRITISH VIRGIN ISLANDS |
| 2. | TAIWAN |
| 3. | JERSEY |
| 4. | BERMUDA |
| 5. | CAYMAN ISLANDS |
| 6. | SAMOA |
| 7. | LIECHTENSTEIN |
| 8. | CURACAO |
| 9. | MALTA |
| 10. | LUXEMBOURG |
| 11. | CYPRUS |
| 12. | SEYCHELLES |
As you can see, it is true that you need some basic skills and practical know-how to excel as an international business lawyer.
However, with a systematic approach, you, too, can make it big as an international business lawyer.
We believe in you!
On behalf of LawSikho, we are always there to help you out – every step of the way.
Still wondering how to go about developing your career as an international business lawyer?
Are you also wondering how to acquire the requisite skill-sets for the same said purposes?
Check out our Youtube Channel to find out different aspects, tricks and tips to shine as an International Business Lawyer.
https://www.youtube.com/channel/UC0iUR87HJQnHQDPdxBfPqqg/?sub_confirmation=1
Join our WhatsApp and Telegram groups to stay updated on building a razor-sharp profile in International Business Law:
WhatsApp: https://chat.whatsapp.com/LRvsvhatFBB4Tbf4wRlmhY
Telegram: https://t.me/joinchat/2Tz3C070sQAwZmM9
Students of Lawsikho courses regularly produce writing assignments and work on practical exercises as a part of their coursework and develop themselves in real-life practical skills.
LawSikho has created a telegram group for exchanging legal knowledge, referrals, and various opportunities. You can click on this link and join:
https://t.me/lawyerscommunity2
Follow us on Instagram and subscribe to our YouTube channel for more amazing legal content.