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How Does a Private Equity Lawyer Bring Value to Private Equity Transaction?

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role of private equity lawyer

In this blog post, Faraz Salat, a student pursuing a Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, describes the role of a Private Equity lawyer in private equity transactions. 

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Rishabh Dheer, Judicial Clerk/Law Researcher to Hon’ble Dr. Justice S. Muralidhar, Judge, High Court of Delhi, on how the NUJS Diploma course is helping him

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Rishabh Dheer successfully completed the NUJS Diploma in Entrepreneurship Administration and Business Laws in 2016 and over here he shares his experience with the course. Over to Rishabh:

I completed the B.B.A. (Management) LL.B. (Honours) Programme from National Law University Odisha, Cuttack and I am currently working with  Dr. Justice S. Muralidhar at the Delhi High Court.

One of my friends, who aspires to enter venture capital and investment banking recommended this course to me. Many of my friends had enrolled for this course previously and suggested that it would add value to my profile. Upon researching, I found the course interesting and liked how well it was structured. It offered a combination of both, law as well as non-law themes in which one could study marketing, tax and corporate law among other topics. All these factors made me enroll for this course.

The modules are well-written and the examples offered are practical; this makes it easy for people even from a non-law background to comprehend complex issues at once. I personally found the webinars to be very useful (and only recently got to know that they’re all available on the portal for future reference). These webinars with industry experts are able to offer expert knowledge on diverse subjects and trending issues, for example, there is a webinar on gambling laws. I also remember watching a webinar by Pranay Agarwala in which he very convincingly explained the importance of due diligence, which until that point I had thought of as a clerical exercise.

I would be happy to recommend the NUJS Diploma in Entrepreneurship Administration and Business Laws course to anyone. Entrepreneurs, especially, could benefit from all it has to offer.

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Top 5 Indian Origin Lawyers In EU : Making India Proud

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indian origin lawyers in eu

In this blog post, Arunima Kar, a student at UPES and pursuing a Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, provides information on the top five Indian origin lawyers in the European Union.

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Role of Lawyers in Mergers & Acquisitions Transactions

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role of lawyer in mergers & acquisition

In this blog post, Deepak Gupta, a student pursuing a Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, describes the role of a lawyer in mergers & acquisition transactions.

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Changing Trends in Telecom Industry: A Critical Analysis

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Changing Trends in Telecom sector in 2016)

In this blog post, Atul Kumar Rastogi, an Executive Director at Telecommunication Consultants India Limited and pursuing a Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, describes the upcoming trends in the telecom industry.

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What Are The Career Opportunities In Cyber Law In India

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In this blog post, Shreya Shikha from Chanakya National Law University, Patna describes the career opportunities in Cyber Law in India. 

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Frauds and Problems related to NRI Marriages and what to do

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divorce in islam

In this blog post, Shreya Shikha, a second-year student pursuing B.B.A LLB (Hons.) from Chanakya National Law University, Patna analyses the different issues involved in NRI marriages and what can one do if they face fraud or other problems. 

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All About Traffic Laws In India

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In this blog post, Shreya Shikha, a second-year student pursuing B.B.A LLB (Hons.) from Chanakya National Law University, Patna analyses the different traffic laws in India. 

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Myths about law internships and why should you do one – Part 1

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internship at a top law firm

This article on Myths about law internships and why should you do one – Part 1 is written by Ramanuj Mukherjee, Co-founder & CEO at iPleaders.

Today I was speaking to a junior – he does not like his current internship. He thinks he is not getting enough work. He’s bored – he wants to do something productive. While talking to him, I was reminded once more of the sheer misconception most people have about internships. I must give credit to this person for identifying a problem – most law students gladly while away their internships believing in useless fictions like “brand value of college”, “CV value” and stuff like that. Some people even believe that they can only do certain internships in certain years – for instance, in 2nd year they must do a trial court internship.

I thought I might as well demystify this internship business on this blog before I die from shame while replying to these questions repeatedly on Facebook and Google chat.

First things first. Before talking about the myths, let’s get a grasp on the legitimate and realistic reasons for interning.

Why should you do an internship?

Please don’t do internships for CV value. That’s dumb. There’s no such thing as CV value. It’s a fairy tale you were told in first year of college – now grow up and understand why smart people do internships:

To learn

Our education system is very poor when it comes to teaching practical skills. At an internship, it is possible that you’ll get to learn a lot of things – like inter-personal skills, managing a professional schedule, working with superiors and living upto their expectation, and more industry specific things like research, presentation, convincing other people of your idea, writing professional memo/ notes etc. I strongly recommend that you intern a few times at some genuine startups, because learning curve is very steep there. You’ll be given challenging tasks that has real world implications – how cool is that? Compare that to a law firm where you’ll be helping some puny first-year associate to research on shops and establishment act or proofreading agreements.

 

As a lawyer, you can immensely benefit from learning marketing, sales, people management, blogging or SEO, things that start-ups frequently deal with. You can learn by interning at a lot of other places too. My initiation in salesmanship was when I was surveying some forest dwellers in Uttarakhand  – and I had to go from door to door, and get them to answer questions while they were busy tending to their livestock. That proved to be a valuable lesson later.

 

Once a very successful solo practitioner in Mumbai told me that a lawyer with a rising career usually spends one third of his time managing people, including clients, and another one third in marketing and networking. Only the rest goes into actual legal work. Learn as much of these skills you can while you are at college, and it would make a difference in your career later.

 

To get a job

Do you already know where you want to get a job? Are you reasonably confident of your knowledge and skills? Now just make sure you intern there long enough to get noticed and liked. Everyone likes to hire interns that they know to be good. The flip side is that bad interns, whiners, lazy boys, stupid and stubborn idiots are never called back after an internship – because the recruiters already know what to expect.

 

If you want to get a job at any place, land an internship there. Then work really hard and be very dedicated so that you get noticed and hired.

 

To figure out

You need to figure out in life what you like and what you don’t. I and most of my batchmates thought that we’d love law firm jobs. In less than 1 year, 20 of my batchmates quit from top 5 law firms, and I did the same on the 12th month. Some of my friends have gone back to law firm jobs, while I am working at iPleaders for the last few months. I am certainly enjoying my current work much more than what I did at the law firm.

 

One has to figure out and test what they can do, what they like to do and where they can work. Internship is a great tool for this.

 

These are the only sensible reasons to intern anywhere. Otherwise you are probably not using your internships very productively. (I personally interned to travel in the initial years in law school – what can be a better excuse to go off to a far flung corner of the country for a month or two?)

 

In Part II, I will discuss some of the myths around internship which seems to be misguiding and preventing a lot of law students from achieving their true potential.

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What To Do If A Traffic Police Harasses You

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In this blog post, Shreya Shikha, a second-year student pursuing B.B.A LLB (Hons.) from Chanakya National Law University, Patna enumerates what needs to be done if a traffic police harass you. 

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