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7 Things to Know about Studying Finance Law—A Guide by Law Dissertation Writing Service UK

Have you been studying law but itching to start a career involving numbers? Guess what: you can easily get the best of both worlds by leaping into the field of financial law. If you want to learn more, here’s a comprehensive guide compiled by the experts at a leading best way to hire online dissertation writers

How to Pave Your Path to a Finance Law Career

If you don’t know this yet, buckle up. Finance lawyers are compensated handsomely for their work. You will most likely work for private firms and receive great benefits apart from a lucrative salary. So, if you have a genuine interest in the field, it can turn out quite well for you. Following are the steps you can take to get there:

1.      Get Good Grades in Your Undergraduate Program

The first step is to finish your bachelor’s degree with flying colours to get your foot in and begin your journey toward a finance law career. You can start with any discipline. This is good news for undergraduates who are studying something else but have an interest in the field of law. You can easily switch to this specialisation later.

However, suppose you have decided to become a finance lawyer before you enrol into any program. In that case, you can get a degree in business administration with a focus on finance or in core accounting and finance. This will lay the foundation for your studies ahead.

No matter when you make a choice, you’d need good grades. So, study hard. Also, make sure you don’t falter on the important courses.

2.      Prepare for Law School

Once you graduate, you need to get into law school to learn the ropes of this career. You can talk to your professors and request special assistance to increase your chances of getting into the institution of your choice. They may direct you to professionals in the field or offer helpful advice. You can also discuss your goals with your academic counsellor and take any relevant courses available.

Another thing you can look for is law clubs or organisations at your college. These will include students who are devoted to getting into law school. Work with them and gain knowledge and help regarding all the processes. Research what skills finance lawyers need in their careers and try to build and hone them on your own. Or, request your academic counsellor to help you achieve this.

3.      Research Law Schools

Not all law schools are the same. If you have planned a career in finance law, then you need to focus on which institute will provide you with the best opportunities to launch into the field of choice. You don’t need to limit yourself to your city, either. There are amazing options all over the United Kingdom, and you should research them all.

You can also visit law school forums to get a better idea about the options available to you. These events house representatives from universities all around the country and can provide you with all the details you need. You can also clarify any concerns you may have or ask questions about the programs.

Now, once you are done with your research and have shortlisted a few, you can take a visit to each of these law schools for quick tours. Try to imagine yourself living and studying there whenever you go to one. It should help you get into the right frame of mind to make a decision. And when you have visited all of your options, pick the one where you see yourself the most comfortable as your first option. You can categorise the others in the order of priority.

4.      Prepare for and Take the LSAT

When you send your application to law schools, you will need to attach your LSAT scores with it. They are crucial to your admission decision, so you need to do well on these exams. You can choose to prep on your own or pay private companies to train you.

If you’re studying without hired assistance, you can practise with copies of past exams to prepare. Also, check out the free LSAT training courses available at Khan Academy.

This exam includes the following sections:

Analytical reasoning

Consists of 4-7 multiple choice questions. It will evaluate how you:

  • Analyse complex situations
  • Understand relationships between concepts
  • Reach conclusions based on the results of your findings

Logical reasoning

This is also a multiple choice section with 24-26 questions. These will check how you approach a problem and apply logic to get to the information and results.

Reading comprehension

This section provides text and follows up with multiple choice questions. It tests your ability to read through the legal jargon and understand its meaning.

Miscellaneous

This can contain anything—another reading comprehension, some logic games, or arguments.

Writing sample

This checks your writing skills to explain your argument clearly.

5.      Choose Finance and Business Electives in Your Graduate Program

You can apply for law school if you’ve managed to get great grades in your undergraduate program and LSATs. And when you get in, you will have the options to choose certain electives. Now, this is where you can narrow down your focus and choose options to forward your career in finance law.

At this point, you don’t need to cover all of the topics relevant to finance law. So, just choose courses that cover as many of the relevant subjects as possible.

Here’s a list of some of these topics:

  • Administrative law
  • Business bankruptcy
  • Business planning
  • Contract and company law
  • Corporate finance
  • Corporate insolvency
  • Derivatives
  • Employee benefit plans
  • International business transactions
  • Private equity deals
  • Securities and takeovers
  • Tax accounting
  • Venture capital law

6.      Become Licensed and Get a Training Contract

You need to take the Solicitors Qualifying Examination (SQE) before you can take up a training contract with any firm.

You need to get two years of experience before you can be qualified as a professional.

A training contract will bridge the gap between your theoretical and practical knowledge. You can:

  • Get hands-on experience as a finance lawyer
  • Understand what’s expected of you
  • Gain and polish skills to use in your career

Moreover, this will give you ample opportunity to create a strong network with peers and industry experts alike. These connections will help you later.

7.      Get Higher Education

If you wish, you can pursue higher education or get a double degree to gain more knowledge and experience. Doing either will add credibility to your practice and give you a better, nuanced view of the world of financial law.

Best Options for Law Schools

If you’re worried about your options for law schools, here is a list of the top educational institutes in the United Kingdom that offer brilliant courses for finance law enthusiasts:

  • Durham University
  • King’s College
  • University of Cambridge
  • University of Edinburgh
  • University of Glasgow
  • University of London
  • University of Oxford

Last Word

Your career is important, and you should take all measures to ensure nothing holds you back from starting it. However, if the pressure gets too much—especially in your final year when you need professional online dissertation help service —you can always count on Dissertation Pros to assist you.

 

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