Commercial Law

Commercial Law, also known as Mercantile Law or Trade Law, is a branch of Law that deals with laws pertaining to trade, industry and commerce. Some of the common legal issues that are regulated or resolved through Commercial Law include contract violation, advertising and marketing disputes, unfair competition, consumer complaints and protection of intellectual property.

Here, we will provide you complete details regarding Commercial Law, its courses, subjects, syllabus, eligibility, entrance exams, job profiles and much more. Read on to know more about Commercial Law. 

Commercial Law Courses & Branches

Those interested in having a career in the field can pursue Commercial Law courses at undergraduate, graduate or postgraduate level. Candidates can pursue either integrated LLB (such as BA LLB, BBA LLB, BSc LLB) after Class 12, LLB after graduation or LLM after obtaining an LLB degree. Candidates can pursue both Commercial Law diploma as well as degree courses.

Commercial Law Branches

Some of the main branches of Commercial Law in which candidates can choose have a specialisation include:

Commercial Law Branches
Contract Law	Corporate Law
Tax Law	Property Law
Intellectual Property Law	Consumer Protection Law
Business Regulations

Commercial Law Eligibility & Entrance Exams

As mentioned above, candidates can pursue Commercial Law at both UG and PG levels. Given below is the basic Commercial Law eligibility criteria for both the levels:

UG Level

To pursue integrated LLB course right after school, candidates should clear Class 12 in any stream (Science, Commerce, Humanities) from a recognised board with minimum 45-50 per cent aggregate.

Those interested can also pursue the LLB course after completing graduation in any subject from a recognised university.  

PG Level

Candidates can pursue LLM in Commercial Law if they possess an LLB degree with minimum 50-55 per cent aggregate from a recognised college/university.  

Commercial Law Skills

Commercial Law firms are always clear on what they look for in their potential employees. While consistent academic record and relevant experience play a major role in deciding on a recruit, the Law firms also want to see a host of other skills and qualities that set him/her apart from his/her counterparts. Here are some top Commercial Law skills that candidates looking to pursue a career in the field should possess:

Commercial Law Skills
High ethical standards	Good interpersonal skills
Commercial awareness	Good project management skills
Attention to detail	Good language skills
Initiative and responsibility	Good negotiation skills
Good analytical skills	Good judgement skills

Popular Commercial Law Exams

Candidates seeking admission in Commercial Law degree courses offered at different universities and colleges can consider appearing in the following entrance exams:

Popular Law Entrance Exams
Common Law Admission Test (CLAT)	All India Law Entrance Test (AILET)
Law School Admission Test – India (LSAT India)	Delhi University LLB Entrance Exam (DU LLB Entrance Exam)

Check the complete list of law entrance exams in India. 

Commercial Law Subjects & Syllabus

Commercial Law degree courses in India are usually offered at postgraduate level. Candidates can choose their specialisation in Commercial Law during their LLM course.

Although the Commercial Law syllabus varies from one college/university to another, given below are some of the common subjects that are taught in an LLM Commercial Law programme:

LLM Commercial Law Subjects & Syllabus
Units	Subjects
Legal Research	Research Problems, Hypothesis, Methods & Tools
	Legal Writing
Comparative Public Law	Public Law & Governance
	Fundamental Rights in Public Law
	Judiciary
	Legislature and the Executive
International Trade Law	World Trade Organization (WTO)
	Law and Policy on Trade & Investment
Competition Law	Anti-Competitive Agreements
	Abuse of Dominant Position
	Competition Commission of India
	IPR & Competition Law
	Investment and Competition Law
Commercial Arbitration	Arbitration Agreement
	International Commercial Arbitration
	Enforcement of Arbitral Awards
Intellectual Property Law	Patent Law
	Copyright Law
	Geographical Indication Law
Investment Law	Shares
	Securities Contracts
	Securities and Exchange Board
	Principles of International Investment Law
Corporate Law & Governance	Legislative Framework of Corporate Governance in India
	Corporate Governance and Shareholder Rights
	Risk Management
	Corporate Social Responsibility

Commercial Law Job Profiles & Top Companies

Popular job profiles for candidates successfully completing a Commercial Law course include:

• Legal Manager: The professional is typically responsible for tasks such as legal review, proof reading redlining of contracts and managing the relationship and processes with internal clients.
• Contract Attorney: The professional works closely with clients and provides all the commercial and transactional support required. The person is also responsible for drafting, reviewing and negotiating different contracts and transactional documents.
• Legal Advisor: The professional is responsible for identifying, managing and mitigating legal risk issues across the firm. S/he provides preventative legal guidance and risk training to the firm.
• Legal Researcher: The professional is responsible for conducting all the legal research related to an assigned project.
• Legal Assistant: The professional is responsible for assisting the higher lawyer with the trials. The person also assists in documents, information gathering, etc.

Some of the top Law firms in India include:

• Ahlawat & Associates
• Khaitan & Co.
• Sagar Associates
• Anand & Anand
• Desai & Dewanji
• AZB & Partners
• Trilegal India

Important FAQs regarding Commercial Law

Q: What does Commercial Law involve?

Q: What is the role of a Commercial Lawyer?

Q: Who are the clients of a Commercial Lawyer?

Q: What are the various Commercial Law branches?

Q: What are the qualities of a good Commercial Lawyer?

Q: How to enhance commercial awareness in Law?

Q: How to become a Commercial Lawyer?

Q: What is the difference between Commercial Law and Business Law?

Q: Which are the top entrance exams for Commercial Law?

Q: Which are the various job profiles in Commercial Law?

Q: Is Corporate Law a part of Commercial Law?

Following are the most popular Commercial Law Colleges in India. Learn more about these Commercial Law colleges (Courses, Reviews, Answers & more) by downloading the Brochure.

Following are the most popular Commercial Law UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

Following are the most popular Commercial Law PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.