The Significance of a Business Transaction Lawyer For Businesses in India

When it comes to business decisions that involve legal procedures and monetary transactions, and any issues arising due to legal inability or ignorance can cost you a fortune for sure or land you in a legal soup. So, it is important for a business to have a business transaction lawyer. This is not just true for large companies but also for start ups. In future when the need of merger with some company or selling the company arises, a business transaction lawyer could be of utmost help.

Like when you don’t feel well you seek a doctor and you find specialists around every health concern, today you find specialist lawyers as well and one of the area of specialization besides crime and civil is business transaction. Here are a few benefits of hiring a Business Transaction lawyer for your business.

Inception – When you start a business, the lawyer can help you organize your business under a relevant category. For example business lawyer helps you on deciding whether to go for a corporation

Licenses and Taxes – You would be definitely having an accountant to take care of your business tax returns, but understanding the business transactions and consequences tax frauds as well as registrations like state tax identification numbers is very important. Business transaction lawyers can help you with that.

Intellectual Property – Intellectual properties include your logos brand names and other creative or idea based exclusive intellectual properties which need to be copyrighted or trademarked. Lawyers can help you with the procedures related to getting your stuff protected against copy or duplication.

Real Estate Dealings – For a business infrastructure, you might as well need to buy or lease some commercial space or land and here is when a business transaction lawyer comes in the picture. Documentation of such transactions or deals requires an eye for legal detailing or else the landlord could devise the documentation the best of his/her interest only.

Contractual Documents -There are certain legal procedures that need to be followed while getting into contractual agreements. In such situations when you need help in contract matters While dealing with suppliers, distributors, clients or customers, its always smart to avail the services of a business transaction lawyer.

Well, these are just few of the benefits that business transaction lawyers provide with respect to your business big or small. So, keep yourself at bay from the stressful encounters with law and even unnecessary and unexpected monetary losses. Just one last say, choose a lawyer based on expertise and thorough knowledge of the business transaction or legal sector.

Legal Education Reforms in India with respect to Globalization

Globalization has by far affected every stream of education and has led to reformation in the fields of higher education across the globe. Reformation in legal education being need of the hour as well, requires focus on making it even more flexible by giving more freedom to the legal education organizations and establishing law schools of international standards besides addressing fundamental issues related to legal education including necessary amendments and changes in the existing law education curriculum and methodologies. The academic standards need to be raised besides providing state of the art infrastructure and research facilities. It also includes providing a good governance model and better job opportunities to the passing out law students. Legal Education Reforms in India

Well, the challenges for reformation in legal education are big particularly when it comes to promotion of judicial and legal reforms. Apparently, for establishing a rule of law society, the lawyers and judges have to play a crucial role in the future, towards governance. It thus requires the law students in law schools to be imparted with quality training in the present. A re examination of each of them needs to carried out so that these future lawyers and judges sync in well with the undergoing socio-economic transformation.

The times when the focus of legal education institutions was on issues relating to India and Indian law only are long gone. Today, students are inquisitive and interested in studying international law as well as comparative law. Obviously, there is a dire need to make reformations in the existing legal education of Indian law through excellence in teaching and research but at the same time it is vital to focus on globalization challenges.

Keeping up with the need, even law schools today are shifting their focus on incorporating international law curriculum, with an objective of providing a fair mix of programs that strike the right balance on Indian and foreign laws. Even students are highly alert and informed about the latest in law on the international circuit due to the vast exposure available through international moot competitions. The information base of students on international law varies from dispute resolution topics to marine time law, humanitarian law and more.

Thus, it can be aptly said that establishment of law schools of global standards has become necessary today. Setting up law schools with world class infrastructure would also mean attracting students from across the world and the best faculty in law because even today sourcing good faculty with experience and expertise in the field isn’t easy. The law schools for long have been facing issues in acquiring or sourcing qualified faculties, not only in India but abroad as well. But, these issues can be resolved by offering better incentives and promotion of institutional initiatives and legal education reforms mentioned above.

As the possibilities of international interactions increase with time, law schools need to get all set to match-up. This includes activities like setting up a legal database for reference to the students from across the world and keeping it updated consistently, conducting knowledge exchange programs with legal education colleges worldwide and more.

Having said that, realizing all these reforms is not child play and requires mammoth funding. Hence, creating philanthropic initiatives for acquiring funds becomes one of the preliminary steps to be taken in the direction of raising the legal education bar in India.

Why KLE Law College is one of the best law schools in India

Why is KLE One of the Best Law Schools in India

 

Arun Jaitley at KLE LAW School in Bangalore

Law as a profession is gaining popularity and no longer bears the stamp of being a legacy profession. There were times this profession was also deemed as a mediocre one, but times have changed and for good. Today, there is a huge influx of students willing to make a career in law. Globalization has brought about a reformation in the field as well, with law schools focusing on designing a legal education curriculum that is a balanced blend of Indian and International Law.

For all the passionate aspirants wanting to take up Law education, the preliminary task that lies ahead is getting into a top class law school after clearing CLAT examinations with good marks. The undergraduate degree course choices offered to them range from three year bachelors degree courses to five year integrated degree courses. Though there are numerous law colleges across the country, choosing the ultimate one requires indepth research backed by a visionary approach. Besides, a lot of other secondary points have to be kept in mind like college and course fees, location and feasibility, to name a few.

When considering the various top ranked colleges, as an aspirant you are sure to come across the name KLE society’s law college. Obviously because, it is one of India’s renowned colleges for pursuing legal education. KLE Society’s law college has been instituted as a nursery and training ground of students seeking quality legal education and is ranked amongst the top 5 law colleges in South India for a while now. Established in the year 1975, KLE’s society Law School has been continuously fostering the future lawyers with indepth knowledge and professional skills in the field of jurisprudence for over 4 decades now.

KLE society’s law academy offers state of the art infrastructure which includes a wide spanning campus with spacious classrooms. The classrooms are fully equipped with interactive teaching tools like LCD’s and more. A well stocked library and e-library providing access to a mammoth research database both online and offline, moot court hall and IT resources for staff makes KLE stand out as a law academy of international standards.

The college also supplements its academic and professional training programs with guest lectures for its students by prominent judges, lawyers of the Supreme court and High Court. The law courses on offer include undergraduate, diploma and certificate programs. KLE’s commitment to excellence in law education has gained it a reputation for delivering excellence in field of academics of Law in India. No wonder, KLE society’s Law College is ranked as the 2nd best private law college in South India by ‘the Week’ and 8th best in India by Career 360. It also holds the recognition of being ranked as the best law college in India for the year 2015 by India today.

So, if you are an aspiring lawyer, KLE society’s Law college is undoubtedly an alternative you consider for a high flying career in Law.