Emerging specialisations for careers in corporate law
Today, law is a profession of choice for many young people. There are excellent institutions in the country preparing students for legal careers. For many of these aspiring lawyers, corporate law is a preferred area of specialisation.But exactly what kind of careers are possible within corporate law? The most familiar work in corporate law is the complex legal manoeuvring that comes into play during mergers, acquisitions, fundraising and other corporate actions. But as the world of business keeps evolving, there are many specialised disciplines within the broader ambit of a legal career. These are finding increased demand and have specific skill set requirements. Rachika Agrawal Sahay, Partner at Argus Partners (Solicitors & Advocates), lists two of these emerging areas as ESG and forensics.
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«The world and its leaders, for sometime now, have started emphatically supporting serious ESG measures. Corporates and investors too lay a lot of emphasis on following strict ESG policies and making regular reporting. As a result, lawyers have assumed quintessential positions in ensuring compliances and building adequate regulatory framework around ESG,” she says. As an energy lawyer, Sahay often gets to speak about reduction of carbon footprint and embracing of new technologies for that. ESG compliance forms an integral part of this. “There have been many instances where courts have also intervened into the building of these projects,” she says. Similarly, forensics has become an important area due to rising concern over governance and corruption issues. Big corporations and the government often engage lawyers for assistance in this field, says
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