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The Accounting and Tax

How to become a corporate lawyer in Canada | The Accounting and Tax

How to become a corporate lawyer in Canada In 2023

Law is one of the essential pillars of democracy. Though it is quite tough to crack CLAT exam, the hurdles may inspire many students to attempt the herculean task to be a successful lawyer.

What corporate lawyers have to do?

There are so many compartments in this discipline. Corporate law is one of the lucrative subsets of them. Corporate lawyers have to know all aspects about commercial transaction. They should have knowledge of accounting, bankruptcy, licensing tax law etc. Corporate law is the body of law as well as rules and regulations administrating formation and function of a corporation. Now you may ask what is corporation. Corporation is a legal body whose principal task is to conduct business. It has its own legal responsibilities and rights. A corporate lawyer should be liable to the corporate world. Most corporate lawyers work for law firms.

 

 

How to become a corporate lawyer?

 

First of all, you have to take an admission in a renowned law school. For that, you have to pass relative exams. While preparing for the exam, you can take a part-time job at a local law firm. It will help to understand the entire scenario. After admitting in a law school, you should take classes on taxation law or business. Obtaining the law degree, you should extend your education to become a corporate lawyer. You can complete Masters of Laws (LLM). It is a globally recognized law degree which will enhance your probability to become a successful corporate lawyer.

Corporate lawyer in Canada

You have to complete three years Bachelor’s degree, prior to entering law school. Students of BA or BS degree can apply for entry into Canadian law school. But first of all, you have to pass the Law School Admission Test or LSAT to be a member of Canadian law school. Here we should remember that Canadian education system is regulated on a provincial level. So questions or exam pattern may vary from province to province. You can first decide on a law school and contact. Tax consultation service in Toronto is a highly demanding sector. You can opt for University of Toronto Faculty of Law. After obtaining a degree from here, you have to do ‘articling’ or 10 month apprenticeship. Find a firm related with corporate work. It will help you to become a successful corporate lawyer.

Corporate law is a field where you have to face tough competition. So work hard to cherish your dreams!

Mansoor Suhail has been providing Accounting, Bookkeeping and Taxation services since 2001 in Toronto, Canada. He is fully competent in Canada and U.S.A tax filings and consultation. He can handle Personal, Small Business, Partnerships and Corporations tax issues with full confidence. He is also able to handle International tax issues for Foreign Students, Expatriates and Foreign Corporations.