Business Studies, asked by meholi13661, 5 months ago

Searches related to Virat and Tarun are first cousins. After completing a degree course in law, Tarun wishes to start a law firm jointly. However,Virat shares with Tarun that he plans to go abroad after 2 years to pursue a masters course in law. Therefore their partnership can exist only for 2 years. Tarun agrees with Virat's decision. (a) identify and state the type of partnership being highlighted above (b) name the basis under which this type of partnership is classified (c) also,name other type of partnership which can be classified under the same basis as identified in part (b) above

Answers

Answered by Anonymous
58

Hi

I've been posting on this site for quite some time now and I finally took Mr. India's suggestion and decided to combine whatever information I have gathered (after extensive research) about doing an LLM from UK into one blog. I hope this blog helps the Indian students in taking the right decisions on doing an LLM and also becoming aware of how things stand in general. The purpose of the blog is not to discourage Indian students but to make them aware of the facts so that they can take the right decision on going for the LLM or not and how to fund their studies.

I've obtained admission for the 2008-2009 LLM in a number of Universities in UK and will probably go for the LLM but my reasons for doing the LLM are not really from the perspective of a job in the UK.

FYI, I have 10 years of work ex in India and my experience has been very wide and general ranging from litigation to corporate/ transactional work in law firms to working with MNC's and running my own law firm. I am now concentrating on corporate/ transactional work.

1. CONDITIONAL ADMISSIONS (Requirement of English Language tests):

I got a conditional offer from a college in London and had to submit my TOEFL/ IELTS scores to get an unconditional offer. Other Universities have given me an unconditional offer.

I spoke to the London college a few days back and informed them that I had studied all throughout in English. After speaking with me, they informed me that if I submitted a Certificate from my University where I did my LL.B stating that I studied the LL.B in English, they would waive the TOEFL/ IELTS for me and give me unconditional admission. Maybe others who have studied all throughout in English and have to fulfill the English language condition can make a similar request to the colleges where they have received conditional admission.

2. JOB PROSPECTS IN UK AFTER THE LLM:

2.1 The UK law firms really don't care if you have a LLM or not. Their hiring decision is not made on the basis of the LLM but on the basis of the LL.B and your relevant work experience. By relevant work experience I mean a specialized work experience which is related to the law firm's areas of expertise. Unlike India where you need a more generalized experience and sometimes in a smaller law firm you're dealing with various areas of law, in UK your experience is more specialized. There's no point in having a general kind of work ex in India if you plan to work outside India. This is feedback that I have received from UK law firms and UK recruitment consultants. In fact not one response from the UK law firms and recruitment consultants has been positive about getting a job in UK after a LLM, for persons with a LL.B degree from India especially as the market is also down in the UK at present. The LLM may have more value in other countries like Singapore, Hong Kong etc. but even then you're not sure. Even after significant work experience in India, you would probably start at a Trainee level or at best as a newly qualified solicitor (if you clear the QLTT). Your previous experience in India would be considered to a certain extent but will not be given a very high preference. Another point which I got to know recently is that the more experience you have in India, the less the chances of getting a Trainee position as you would be then be over qualified for a Trainee position. Therefore for persons with more than 6-10 years experience in India, it becomes even more difficult to join a UK law firm in my view.

2.2 Just to give you an example of how tough it is to get a job, there was a friend of mine who did his LLM a few years ago from one of the top UK colleges. Before he went for his LLM he was a salaried partner in one of the big Indian law firms in Delhi. After the LLM he didn't get a job for almost one year despite his 6 years of specialized work ex and finally managed to get a job with a UK law firm after a lot of struggle and after sticking on in UK for a couple of years.

Answered by ushajosyula96
18

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option D is correct

LL.M. students have the option of pursuing a specialized LL.M. degree by completing a curriculum geared towards a specific area of law. Specializations are available in the following fields:

Business (Four separate tracks within this specialization)

Bankruptcy

Business Law

Securities Regulation

Tax

Environmental Law

Human Rights

International and Comparative Law

Law and Philosophy

Media, Entertainment, and Technology Law and Policy

Critical Race Studies*

Law and Sexuality*

Public Interest Law*

With the approval of the Assistant Dean for Graduate Studies and International Student Programs, students may also develop their own specializations in fields of their choice. Students may not create individualized specializations that are substantially similar to existing specializations.

*Specializations in Critical Race Studies, Law and Sexuality and Public Interest Law require admission to those individual programs in addition to admission to UCLA Law.

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