Commercial Law

Anjum KhanAssistant Manager
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
- 1.1 Commercial Law Branches
- Commercial Law Eligibility & Entrance Exams
- 2.1 Popular Commercial Law Exams
- Commercial Law Subjects & Syllabus
- Commercial Law Job Profiles & Top Companies
- Important FAQs regarding 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 |
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Property Law |
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Consumer Protection Law |
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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 |
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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 |
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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 |
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Units |
Subjects |
Legal Research |
Research Problems, Hypothesis, Methods & Tools |
Legal Writing |
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Comparative Public Law |
Public Law & Governance |
Fundamental Rights in Public Law |
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Judiciary |
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Legislature and the Executive |
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International Trade Law |
World Trade Organization (WTO) |
Law and Policy on Trade & Investment |
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Competition Law |
Anti-Competitive Agreements |
Abuse of Dominant Position |
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Competition Commission of India |
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IPR & Competition Law |
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Investment and Competition Law |
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Commercial Arbitration |
Arbitration Agreement |
International Commercial Arbitration |
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Enforcement of Arbitral Awards |
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Intellectual Property Law |
Patent Law |
Copyright Law |
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Geographical Indication Law |
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Investment Law |
Shares |
Securities Contracts |
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Securities and Exchange Board |
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Principles of International Investment Law |
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Corporate Law & Governance |
Legislative Framework of Corporate Governance in India |
Corporate Governance and Shareholder Rights |
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Risk Management |
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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?
A: Commercial Law involves legal issues pertaining to business, trade, commerce and industry. The branch of Law resolves issues related to intellectual property, contract violation, consumer complaints, etc.
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?
Popular Commercial Law Colleges in India
Popular Private Commercial Law Colleges in India
Popular Commercial Law UG Courses in India
UG Courses
- B.Com
1 College
News & Updates
May 18, 2022
Comments
B.A. LL.B. (Hons. ). If the law aspirant wishes to attempt government examinations and B.Com. LL.B. (Hons) if the aspirant wishes to join the corporate world.
I would like to register for MHCET Law 2022?
Hello! Soubir Bhat, online application form is expected to be released shortly. In the meantime, I am attaching a link that will give you all the required information. https://www.shiksha.com/news/mh-cet-law-2022-application-form-dates-stepwise-application-process-blogId-82767
Best wishes to you.
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