Updated on Mar 7, 2023 03:42 IST
Radhika Sharma

Radhika SharmaAssociate Senior Executive

A contract is a legal agreement, which is enforced on the parties involved to fulfil a legal obligation. A legal contract is signed by the involved parties in different circumstances such as buying a property, signing employment-related papers, applying for a car loan, prenuptials, etc. Contracts work as documented proofs when either party involved refuses to fulfil its written legal obligation or when there is some other legal dispute over the legal obligation. With thousands of contract-related legal disputes lying in the courts of law, pursuing a course in Contract Law is a good option for students.  

Contract law is a basic requirement of legal writing and is a part of every law specialisation in India, be it IPR, Family law, Civil law, Criminal law, Commercial law, Corporate law etc. Therefore, all students studying law get to learn about the Law of Contracts, its definition, its principles and types of contacts in the duration of the course. However, if a candidate wants to pursue a career in Contract law specialisation, then they should apply for law colleges offering it as their main specialisation.

Contract Law Courses

Candidates can pursue Contract Law at the undergraduate or postgraduate level by choosing it as their specialisation. Candidates can pursue the course as a degree, diploma or certificate programme. The course is offered in both offline (classroom-based) and online modes. Popular Contract Law courses that candidates can pursue include:

Also read: All about NLU Courses in India - Five-year LLB, three-year LLB, and LLM courses

Contract Law: Highlights

The below table include the important details and features of the Contract Law course.
Particulars Details
Course Name LLB/LLM/PG Diploma in Contract Law
Course Full Form Bachelor of Law, Master of Law, Post Graduate Diploma
Course Level Undergraduate, Postgraduate, Post Graduate Diploma
Course Type Full Time
Course Fees INR 1 lakh to INR 10 lakh per annum
Entrance Exam LSAT, CLAT, MH CET Law, TS LAWCET
Admission Process Entrance Exam Based
Top Colleges NLSIU, Symbiosis Law School, NLUD, NALSAR

Latest Updates:

Contract Law Eligibility & Entrance Exams 

The basic eligibility that candidates should fulfil to pursue Contract Law at UG or PG level include:

Course Eligibility Criteria
UG
  • Candidates should clear Class 12 in any stream with minimum 45-50 per cent aggregate from a recognised school

OR

  • Candidates should complete graduation in any stream with minimum 50-55 per cent aggregate from a recognised college.
PG

Candidates should possess an LLB degree from a recognised college

PG Diploma
  • Candidates must possess either graduation degree in any relevant field or LLB degree.
  • There is usually no eligibility criteria for short-term certificate Contract Law programmes offered in online or offline mode. 
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Top Entrance For Contract Law 2023

For admission to a Contract Law degree course, candidates can appear for different national-, state- or college-level entrance exams. Some of the popular Law entrance exams that candidates can consider appearing for include:

Entrance Exams for BTech  
Entrance Name Registration Details Exam Details
CLAT 2023 CLAT Counselling Process Ongoing Already Over
MHCET Law 2023 1st-11th March 2023 2nd May- 3rd May 2023
LSAT 2023 10th Nov-26th May 2023 8th June-11th June 2023
DU LLB 2023 April- May 2023 June 2023
APLAWCET 2023 May 2023 June 2023

Skillset for Contract Law

For a successful career in Contract Law, it is important for candidates to possess the below-mentioned skillset

Skillset

Good intellect

Good convincing skills

Good judgement skills

Good persuasion skills

Strong analytical skills

Detail-oriented

Strong communication skills

Good research skills

Also Read: Top law entrance exams in India - Dates, Application, Exam Modalities

Contract Law Subjects & Syllabus

In a Contract Law course, students get to learn common concepts around:

  • How a valid contract is created?
  • What are the different kinds of contracts?
  • What are void and contingent contracts?
  • Which vitiating factors affect contracts?
  • Actions that lead to a breach of contract?

The Law of Contract syllabus in different colleges and universities include subjects such as:

Law of Contract Syllabus/Subjects

Definitions of Agreement, Contract

Rationale and Elements of Contracts

Essentials of a Valid Offer & Acceptance

Privity of Contract & its Exceptions

Acceptance: Definition, Communication, Revocation

Exceptions to the Rule that Agreement without Consideration is Void

Minor’s Liability for Necessaries

Coercion

Fraud

Lawful Consideration & Object

Void Agreements

Agreements in Restraint of Marriage

Unlawful Agreements

Contingent Contracts

Discharge by Breach of Contract

Quasi Contract

Agreements in Restraint of Trade

Discharge by Impossibility of Performance

Remedies for Breach of Contract

Legality of Object

Discharge of Contract

Factors Vitiating Consent

Capacity to Contract

Intention to Create Legal Relationship/Obligations

Top Colleges for LLM

There are many top private and government colleges offering Contract Law Course. The most sought-after courses are the ones offered by National Law Universities.

Some of the top government colleges offering courses in Contract Law are as follows:

Government Colleges Course Fees(in INR)
NLSIU 8 lakh
NALSAR 9 lakh
WBNUJS 7 lakh
GNLU 10 lakh
Rajiv Gandhi School of Intellectual Property Law, IIT Kharagpur 5 lakh
Jamia Millia Islamia 80,000
NLUJ 8 lakh
NLUD 7 lakh
NLIU 8 lakh
Banaras Hindu University 90,000

Private Colleges

Some of the popular private colleges for pursuing Contract Law in undergraduate and postgraduate level includes:

Top Private Colleges 

Course Fees (in INR) 

Symbiosis Law College 

8 lakh 

Siksha O Anusandhan University 

6 lakh 

KIIT School of Law 

8 lakh 

Lovely Professional University 

7 lakh 

Christ University 

7 lakh 

SASTRA University 

6 lakh 

UPES Dehradun 

6.5 lakh 

Amity University 

5.5 lakh 

ICFAI Law School 

5 lakh 

New Law College, Bharati Vidyapeeth 

6 lakh 

Contract Law Career Scope and Job Profiles

Law graduates must qualify AIBE exam to practice in a court of law in India. After completing a course in Contract Law, candidates can work in different job profiles such as:

Job Role Job Description
Contract Lawyer The professional specialises in drawing up agreements between two parties. The professional is also responsible for resolving any disputes that occur between the parties.  
Legal Contracts Manager A Contracts Manager (sometimes also referred to as Supply Chain Manager) plays a critical role in maintaining relationships with suppliers and negotiating contracts. The basic job responsibilities of a Contracts Manager include drafting and evaluating contracts, resolving all contract-related issues, communicating contractual changes to all stakeholders, keeping a record of all contract-related correspondence, etc.
Contract Attorney The job role of a Contract Attorney is similar to a Contracts Manager or Lawyer. The basic job responsibilities of the professional include developing, assessing and negotiating contracts, reviewing contracts, reducing a company’s contract risk, offering legal advisory services to clients, etc.
Contract Specialist A Contract Specialist is responsible for every phase of contract development starting from researching the legal regulations to negotiating the terms and preparing the document. The professional also assists clients in terminating contracts on favourable terms.  

Top Law Recruiters

Salaries earned by law graduates typically vary on the law specialisation they choose along with the company they join. After completing a law course aspirants can work as an understudy with lawyers or even join a corporate company. Know the top law companies in India here.

Law graduates must qualify AIBE exam to practice in a court of law in India.

The top law companies that are known to hire law graduates are listed below:

  1. Amarchand & Mangaldas & Suresh A Shroff & Co.
  2. AZB & Partners
  3. Khaitan & CO
  4. J Sagar Associates
  5. Luthra & Luthra Law Offices
  6. Public and Private Sector Banks
  7. Law Departments
  8. Academic Research Institutions and Universities

Read More: Career in Law

Important FAQs for Contract Law

Q. What is Contract Law?

A. A Contract Law is a law that relates to making and enforcing agreements between two or more parties.

Q. Is Contract Law a good career?

A. Since there is a constant need for legal representation in contract-related matters, pursuing a career in Contract Law is a good option.

Q. What is the salary of a Contract Lawyer in India?

A. The average salary of a Contract Lawyer in India is around INR 59,000 per month as per a recruitment website.

Q. What skills are required to be a good Contract lawyer?

A. In order to be a successful Contract lawyer, candidates should have skills such as strong analytical skills, communication skills, judgement skills and research skills. Candidates should also be extremely detail-oriented.

Q. What kind of courses can I pursue in Contract Law?

A. For a career in Contract Law, you can pursue degree courses such as LLB and LLM from a recognised college. You can also opt for diploma or certificate Contract Law courses for enhanced knowledge on the subject.

Q. What kind of job roles are available in Contract Law?

A. The kind of job roles that are available in Contract Law include:
  • Contract Law Attorney
  • Contract Law Manager
  • Contract Law Specialist

Q. What is taught in a Contracts Law course?

A. In a Contract Law course, students are taught various subjects related to contracts such as:
  • Definitions of Agreement and Contract
  • Essentials of a Valid Offer & Acceptance
  • Contract Acceptance: Definition, Communication, Revocation
  • Fraud
  • Discharge of Contract

Q. Who can pursue a Contracts Law course?

A. Anybody with an interest in the legality of contracts can pursue a Contracts Law course. Candidates can pursue the course right after Class 12 or graduation.

Q. Can a Contract Law course be done online?

A. Yes, various Ed-tech platforms such as Coursera and Udemy offer short-term Contract Law courses in online mode.

Q. Which are the popular Contract Law entrance exams in India?

A. Some of the popular Law entrance exams that candidates can consider appearing for include:
  • CLAT
  • LSAT India
  • MH CET Law
  • TS LAWCET
  • AP LAWCET

Q. Can I become a Contracts lawyer after completing LLB?

A. You can become a Contracts lawyer after completing LLB if you had chosen Contract Law as a specialisation during the course. Else, it is advisable to also obtain an LLM degree before applying for the job.

Popular Contract Law Colleges in India

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

Popular Private Contract Law Colleges in India

Popular Contract Law PG Courses in India

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

PG Courses

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