A business law degree broadens your career options and boosts your earning potential. You can choose from a wide range of career paths, including corporate law, tax law, and intellectual property.
Having a strong understanding of business laws is essential for businesses that operate in global markets. It can help them reduce risk and improve their international communication skills.
Business law
Business law is a broad area of study that covers the legal aspects of running a business. This includes contract, consumer, intellectual property and other legal issues. These laws are essential to a business, whether it’s a small company or a large corporation. A business law degree can also help you identify risks before they become costly. This is especially useful in areas like finance, recruitment, accounting and sales.
A business law graduate can find work in a number of different fields, including accountancy and finance, insurance, human resources, international aid and investment banking. These careers can offer a competitive edge and give you the confidence to pursue economic opportunities. A business law degree is also a great choice for people who want to enter politics or government.
USC’s Master of Business Law program is a fantastic launching pad for many different career paths. Students can use it as a pathway into the profession, or it can be used to complement other degrees in areas like commerce, business management and marketing. A business law degree can also open the door to a career in local, state or federal government and defence sectors.
Corporate law
A business law degree will open doors to a number of career paths. Whether you’re interested in working for the government or private sector, this specialism is ideal for future-proofing your career. In addition, it will equip you to take advantage of economic opportunities by reducing risks in contracts and processes.
Corporate law is the body of laws that govern how corporations are formed and operate, including their interactions with individuals, suppliers, and customers. These laws define the rights and responsibilities of the corporation, and protect its assets from liability. In addition, they specify the relationships between the corporation and its shareholders.
During your studies, you will gain a solid foundation in a range of legal areas that affect businesses, such as contract law, intellectual property law, and tax law. You’ll also learn valuable skills for negotiating and dispute resolution, through Law School courses like Negotiation Workshop and the Ira M. Millstein Center for Global Markets and Corporate Governance. You can even earn a law degree through our Earned Admission path. See your enrollment coach for details.
Intellectual property law
Intellectual property law is a broad area of business practice that involves the protection and enforcement of rights in creative works. This includes copyright, patent and trademark laws as well as trade secret law. Rights holders may enforce these rights by filing civil lawsuits against those who infringe on their rights.
Patents protect technical inventions, such as Google’s Page Rank, Dropbox’s folder synchronization and GoPro’s wearable camera. These innovations are protected by federal patent law and state patent laws. The Constitution grants Congress the power to enact copyright and patent laws.
A business lawyer with a focus on intellectual property can help clients obtain the necessary legal protections for their creations. A wide variety of creative works are protected by intellectual property law, and it is important that lawyers know how to navigate the different types of protections. For example, a computer program might be covered by copyright, patent and trademark laws, while a logo for a brand might be subject to trade secret law. These protections must be weighed carefully when determining the appropriate legal protections for a particular work.
Commercial law
Having a good understanding of commercial law is vital for businesses of all sizes. Commercial law covers a wide range of legal services, from ensuring that your products and marketing materials comply with consumer laws to negotiating contracts on an international basis. Typically, commercial lawyers specialise in particular areas of business law, such as intellectual property, banking and finance, or competition law.
A degree in business and law can open up a number of career paths. For example, it can prepare you for careers in accountancy and finance, human resources, insurance, investment banking, and recruitment. You can also use a bachelor’s in business and law as a stepping stone for an LLM, which is the first step toward becoming a solicitor.
In order to pursue a career in commercial law, it is important to take a variety of courses and gain experience. You can try joining a student law society or volunteering in a clinic to get a better insight into the world of law. Alternatively, you can apply for training contracts with large firms such as Allen & Overy, Clifford Chance, or Freshfields Bruckhaus Deringer.
Tax law
A degree in tax law is a good fit for students who are interested in a career in law but want to work outside the courtroom. Tax law focuses on the laws that govern how much state, local and federal governments can charge for services each year. It also covers the policies and procedures that determine tax liability. A master’s in taxation can be completed in one year.
A business and law degree can help you learn how to interpret regulations, which is important for most jobs in government. It can also open doors to jobs in the private sector, where most companies are regulated by law and have compliance departments.
Students can study at a variety of universities that offer a bachelor’s in law and business. Some of these programs include coursework in accounting, law and economics, and the ability to take specialized courses in areas like intellectual property and taxation. Many of these programs also allow students to complete a master’s in taxation after completing their undergraduate degrees. This can be a valuable career tool for future lawyers and will give them more options in the job market.
