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scope of solicitors in MNCs and other firms

(Querist) 21 November 2009 This query is : Resolved 
I am a law student,presently in my third year of five year course.I am getting an articleship in a firm in mumbai.I dont want to set up personal practice after completion of my course.Please can you advise me what is the scope of solicitors in law firms and other companies.should i take up the articleship?
Sachin Bhatia (Expert) 21 November 2009
Law is a profession whose scope is forever expanding as fresh legislations and rules come into force from time to time. With the coming of multinationals and the proliferation of the corporate culture, there has been a spurt in the demand for legal experts to handle matters pertaining to the Companies Act, intellectual property rights (IPR), labour issues, etc

Many big business houses and companies have started keeping their own solicitors and legal experts to deal with the legalities involved in mergers, collaborations, agreements and undertakings, to frame internal rules and regulations and handle labour laws, etc. Every company has its own criteria for recruiting legal professionals but experience is given a lot of weightage. A beginner employed by a company gets a start of Rs 8000-Rs 10,000 per month.

Raj Kumar Makkad (Expert) 21 November 2009
I advise you not to become double-thinker and immediately join your job as solicitor as this has more scope than practice these days as practically seen. private practice is becoming day by day very difficult and youngsters have to struggle many years to achieve name, fame and wealth in this field whereas in service sector you can get this in a very short span of time.
adv. rajeev ( rajoo ) (Expert) 21 November 2009
Nice advice by Sachin. The advise given by Raj is more meaningful. it absolutely right now days practice is becoming very difficult.
Aditi Tomar (Querist) 22 November 2009
thank you so much for all of yours valuable advice.
but does the reputation of the firm providing articleship can also effect my career in any way as the firm offering me the articleship is not one of the most famous or biggest firms of mumbai.Its a 13year old firm but not one of the biggest names of mumbai.Please advice.


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