“Evolving Opportunities In The Legal Profession”
Date: Feb 13, 2021
A career in law can be intellectually challenging, personally fulfilling and financially rewarding. The complexities of our legal system have created hundreds of legal career options that serve a variety of core and non-core legal functions. From lawyers, judges, and mediators to paralegals, secretaries, and consultants, the legal professional’s role is expanding and evolving to keep pace with the ever-changing legal system. The legal profession has experienced staggering growth. A steady rise in profits and revenues expanded headcounts, and significant salary increases have provided plenty of job opportunities in a broad range of legal positions. Double-digit growth in recent years has produced healthy revenues and rising salaries. At the heart of the legal professional’s role is client service. Whether you are a lawyer representing a multinational corporate client, a paralegal assisting abused women to obtain restraining orders, or a law clerk researching a tax issue for a new business, the fundamental purpose of the legal professional is the help others resolve their legal problems. Increased segmentation and specialization in the legal profession has spawned a growing number of legal specialties and sub-specialties that cater to almost every legal interest. Legal professionals who prefer a career in corporate law can specialize in tax law, mergers, and acquisitions, real estate, finance or another corporate practice area that satisfies their interests. Navigating an evolving legal system, advances in technology, vast bodies of case law and the demands of the legal profession creates a stimulating intellectual environment for the legal professional. The legal profession has weathered economic downturns quite well and should do so in the future, in part due to the growing geographic and practice diversification of many law firms. Legal professionals must be problem-solvers and innovators, willing to assume new responsibilities, tackle new challenges, master new technology and navigate an ever-evolving legal system. This dynamic legal landscape makes each day unique and fosters an enjoyable, fulfilling work experience.
Here’s what industry leaders speak on The Legal Profession
Prof. Bhavani Prasad Panda, Director, School of law, KIIT Deemed to be University welcome and introduce the speakers of the session and also focused on the various achievement on KIIT Deemed to be University and KIIT School of Law.
“Virtual court can be run as we are really preparing our-self in this pandemic. We are missing the physical hearing. All of us are bound to depend on connecting digitally. Never let a good crises go waste”- Mr. Jyoti Sagar, Chairman and Founder J.Sagar Associates and Managing Partner – K&S Partners
“Real drastic changing has come before the pandemic. Court made little latter but yes they are back in good way. Various change in happening after covid-19 is really depend on digital way. Litigation landscape is change dramatically. New areas of practice appear t of tradition litigation related areas. Learning new stuff and upgrading themselves is the major change. Changes in not about technology but other aspect also” – Mr. Sameer Parekh, Managing Partner, Parekh & Co.
“Fintech have provided a lot of choice to financial inclusion better user interface simplifies product and services and generate employment led to collaboration. Open justice system which harness opportunities through law tech and legal tech. ODR (Online disputes resolution) during covid-19 taken deep root combines power of technologies to concept of alternative disputes resolution, conciliation, etc enables disputes resolution at scape. Media and journalism plays a major part. Electronic media most efficient than legal journalism” – Mr. Pramod Rao, Group General Counsel, ICICI Bank
“Talk about the success stories of KIIT Universities and vary happy with the work working with two students still working. Professional training, How cultural is going to play a major role in the legal companies. The legal profession is continually changing and evolving, bringing new challenges and rewards. ” – Mr. Nishant Choudhary, Partner, Deputy Manging Director & Head of Banking and Finance Practice, DFDL Myanmar
Mr. Pramod Rao, Group General Counsel, ICICI Bank, Mr. Sameer Parekh, Managing Partner, Parekh & Co., Mr. Nishant Choudhary, Partner, Deputy Manging Director & Head of Banking and Finance Practice, DFDL Myanmar, Mr. Jyoti Sagar, Chairman and Founder J.Sagar Associates and Managing Partner – K&S Partners