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How awesome is International Business Law as a career choice

Do you want to be the rising star of international business law?

Do you see yourself as a budding legal-eagle of tomorrow dealing with cutting-edge issues of global business at an international level?  

The 21st century has seen ever-growing demands for business lawyers globally. 

Business law has been the most stable, fast-growing and lucrative sector for present-day budding lawyers like you and past law students like me alike. 

This ongoing growth has seen job-positions with high salaries opening up worldwide on a regular frequency for law students and young, fresh up and coming law-grads.

Ever since the onset of globalisation, the careers of countless students and professionals from allied disciplines like chartered accountants and company secretaries have also skyrocketed worldwide through business law.

This growth is here to stay. 

Data and analyses of recent market trends done by market-pundits and industry experts alike reveal how the growth in the business law market, worldwide, continues to be stellar!

This can only mean how immensely your career can grow as a legal eagle in international business law! Let us look at some facts and figures!

Your Career as an International Business-Lawyer 

Legal Services Market Growth trends 2020-21. Source – The Business Research Company (Pte. Ltd.). Accessed – 28.07.2021  

So, what does this growth mean for your career?

To be precise, this means immense prosperity for you should you choose a career in international business law.

  • Salaries of business lawyers and business law executives have traditionally been sky-high globally.
  • Generations of lawyers over the past 30 odd years will vouch for this sanctimonious truth. 

The following chart shows how salaries of business lawyers from 3 different countries of the world – US, UK and India – continues to benefit from this everlasting growth seen in international business and business law markets.

Business Lawyers’ Salary, USA: 

Source – specialcounsel.com. Accessed – 27.07.2021

Business Lawyers’ Salary, the UK: 

Source – glassdoor. Accessed – 27.07.2021

Business Lawyers’ Salary, India: 

Source – upGrad. Accessed – 27.07.2021

This is only based on a handful of places in the world. There are multiple emerging hotspots like South Africa and Singapore. According to the Business Research Company, the fastest-growing regions in the legal services market will be South America, and Africa, where growth will be at CAGRs of 14.1% and 8.0% respectively. These will be followed by Asia Pacific, and Eastern Europe where the markets are expected to grow at CAGRs of 7.2% and 7.1% respectively.

By now, you are sure about how a career in international business law can make you very rich. 

You must have understood how international business law is a surefire pandemic-proof growth opportunity for you as a law professional. 

With the right skills, you, too, can make it big with the ever growing business law sector. 

Wondering how you can acquire cutting edge skills to keep up with the new age requirements of law and the corporate market?

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