Law a profession for intellectuals and noble minds in the society has been in existence since the beginning of the world, there is even evidence suggesting the use of lawyers during prosecution and public hearings during the roman empire and in the 18th century.
In recent times, to become a lawyer in today’s society you would need to have an undergraduate degree in law before proceeding to law school in your country for further studies. You would also need to obtain a license to practice within the state or country that you desire to work and live in.
One question every law student has at the back of their minds during law school or after graduation in the field or area of specialization, they are looking to work as renowned experts in. For some, they are able to figure it out early while it might take a while for others to figure out exactly where they want to be in the law profession.
I would be sharing with you some areas of specialization you could consider going into after graduation. These fields are highly rewarding and have higher remuneration rates when compared to other areas in law.
8 Areas Of Specialization To Consider As A Lawyer
1) Medical Law
Medical lawyers work within the health care sectors to give advice to clients or hospitals on issues arising from the treatment of patients, handling of medical records, and suits against the hospital for possible cases of malpractice.
Those who go into medical law have a passion for the healthcare systems in their country, therefore, they work with hospitals, clinics, and management of healthcare facilities to advise them with regard to their rights and obligations in the healthcare sectors.
In some cases, they may represent clients who sue hospitals for a large amount of money as a result of mismanagement or malpractice which sometimes leads to the death of admitted patients in their hospitals.
2) Intellectual Property Law
Intellectual property law is a field that requires a deep understanding of relevant laws whilst also being analytical in ones thinking.
The nature of the work an intellectual property lawyer does is to ensure that all new or existing inventions made by the original owners are protected under the law governing the state or country that such individuals reside in.
This is such a high paying field because creative individuals and companies spend a lot of time, money, and resources to make their inventions visible and pleasing to the target audience. Protecting these ideas is a way of preventing plagiarized versions from flooding the market.
3) Family Law
Family Law is an area in the law that caters to matters arising with the family or marriage of two adults within a state or federation. It involves custody arrangments, adoption, signing of prenups, child support, domestic violence, or divorce cases.
Many lawyers prefer to pick an area to specialize in family law to be referred to as what we call experts. Some lawyers for example specialize in the signing of prenups especially when the marriage is taking place between a wealthy individual and their significant other, it is believed they do this to protect their wealth from being lost should a divorce occur along the way.
4) Real Estate Law
Real estate lawyers are employed by property owners, real estate companies, and big corporations for legal representation during the sale or acquisition of a commercial or residential property.
They get a percentage of the amount a property is sold for and as such the higher the purchasing power of a property, the higher their earnings when the deal is signed.
These lawyers in real estate are required to have a knowledge of proper documentation as a lot of documentation would be required to be done by the lawyer during and after the negotiation or sale of a property. Asides this, they may be required to represent either party involved in a property dispute arising from unpaid rent or wrong ownership when motions are filed in court.
5) Tax Law
Tax lawyers often represent companies, organizations or an individual is interacting with federal, state, and local tax agencies. They also give daily advice to businesses and individuals with regard to all aspects of tax legislation. They keep an eye on any changes in legislation and advise their clients on potential effects such changes could have on their finances. A great tax lawyer is always good at maths and accounting while also having great analytical skills.
6) Corporate Law
corporate lawyers work mostly as inhouse counsels to ensure the legality of company transactions. These attorneys act as advisers to a corporation on a range of issues, such as gathering and analyzing evidence for legal proceedings, formulating contracts, advising companies on their legal rights and obligations in business transactions, and providing advice on issues related to taxation.
These lawyers are usually well paid because they spend a lot of time reading and ensuring that any company they work for operates within the state or federal law in their geographical location, never goes into debt, and never loses large sums of money during lawsuits from previous employees.
7) Patent Law
Patent Law is similar to intellectual property law albeit they offer advice to their clients by analyzing and evaluating if an invention is suitable for invention or not. If found suitable, they guide and follow through the process required by individuals and organizations for securing patents in their location.
Some patent lawyers might be required to represent their clients in court during infringement cases by producing substantial evidence in the design and trademarks of their client’s products.
8) Technology Law
This century has seen an increase in lawyers who are experts in dealing with matters arising from the use of technology and its products by corporations and consumers at large. Many startups employ lawyers in their early stages of development to ensure the protection of the product or evaluation of their compliance with state laws in their regions.
As the internet continues to evolve, the options for a technology lawyer continues to remain in high demand as evidenced by their need even in blockchain and cryptocurrency.