
A Master's in Law is a great way to advance your career in law or specialisations that require advanced legal knowledge. While it does not qualify students to practice law, it is a good way to boost your credentials and knowledge. The degree is often undertaken by qualified lawyers or those working in fields that require a high level of legal knowledge, such as insurance or consultancy. Graduates can enter a wide range of fields depending on their chosen specialisation.
Characteristics | Values |
---|---|
Earning potential | Masters graduates in Law earn £9,900 per year more than their Bachelors equivalents |
Career options | Law-related professions like human resources or healthcare law, paralegals, regulatory compliance officers, business analysts, compliance managers, contract managers, tax managers, insurance underwriters, business intelligence analysts, payroll managers, and more |
Specialisation | Studying a specific brand of law in greater depth |
Academic career | Preparation for a PhD |
Qualification | LLM is a qualification recognised worldwide |
Flexibility | No concrete path to a career role |
What You'll Learn
Specialise in a specific branch of law
A Master's in Law is a great way to advance your career in a particular specialisation of law. While an LLM does not qualify students to practice law, it is a good degree for qualified lawyers to gain advanced legal knowledge in a specific area. This can help lawyers to boost their credentials and gain expertise in a niche area.
There are many specialisations to choose from, and this decision often depends on the type of law you plan to practice. For example, if you want to be a divorce lawyer, you might want to specialise in family law, which covers personal aspects of an individual's life, such as marriage, adoption, and maintenance. On the other hand, if you want to be an environmental lawyer, you might want to specialise in environmental law, which protects the environment and governs the relationship between the environment and humans.
Intellectual Property (IP) Law is another popular specialisation that has seen tremendous growth in the past decade. IP lawyers deal with the acquisition and enforcement of patents, trademarks, copyrights, and trade secrets. This area of law can be further broken down into three subdivisions: trademarks, copyrights, and patents. Trademarks law helps defend an individual's or company's investment in any distinguishing name, symbol, or device. Copyright law deals with the protection of creative works, such as words, symbols, or internet domain names. Finally, patent law deals with the protection of inventions and ideas.
Other specialisations include administrative law, which works directly with government institutions, and business law, which often focuses on the legal counsel needed during the early years of a business, such as tax classifications, hiring employees, and zoning and licensing requirements.
Ultimately, the specialisation you choose will depend on your career goals and interests. It is important to consider the type of law you want to practice and the specific areas of law that fascinate you.
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Advance your career in law
A Master's in Law is a great way to advance your career in law. It can provide you with the knowledge and skills to transition to a law-related profession, increase your salary, and open up new career opportunities. Here are some ways in which a Master's in Law can help you advance your career in law:
Increased Salary and Career Opportunities:
Official government data shows that Law Masters graduates earn more on average than first-degree graduates five years after completing their studies. The median earnings of a Law Masters graduate five years after finishing their course were £38,700, which is a 34.3% increase compared to the median earnings of a Law first-degree graduate.
Enhanced Legal Knowledge and Specialisation:
A Master's in Law provides advanced training in a specialised subject. It allows you to deepen your understanding of a specific branch of law, making you more attractive to law firms and opening up opportunities in various industries that value legal expertise.
Career Flexibility:
The degree is versatile and can lead to a wide range of law-related career options, both in the civilian and military worlds. It can prepare you for careers in law firms, human resources, healthcare law, insurance, consultancy, and more.
Career Advancement:
A Master's in Law can help you move up the ranks within your current company or organisation. It equips you with a deeper understanding of how the law influences your industry, enabling you to take on more authority and responsibility.
Networking and Alumni Benefits:
Obtaining a Master's in Law from a prestigious institution can provide networking opportunities and access to a strong alumni community, which can create new career prospects and connections within your profession.
Preparation for Further Education:
A Master's in Law can also be a stepping stone to further education, such as a PhD or an academic career. It can help you build the necessary legal knowledge and skills before committing to a Juris Doctor (JD) degree if you wish to practice law.
In conclusion, a Master's in Law is a valuable asset for advancing your career in law. It provides specialised knowledge, enhances your credentials, and opens doors to diverse career paths and increased earning potential.
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Transition to a law-related profession
Transitioning to a law-related profession with a Master's in Law depends on your jurisdiction and career goals. In the United States, a Juris Doctor (JD) is required to practice law, while a Master of Law (LLM) is a common degree awarded worldwide and recognised in the UK and Europe. An LLM can advance your current training and expertise, making you more attractive to law firms, but it is not required to practice law.
A Master of Legal Studies (MLS) is a relatively new type of degree that provides foundational legal knowledge and transferable skills for those who need working knowledge of the law but do not intend to become practicing lawyers. This degree is ideal for those who want to pursue a law-related profession like human resources or healthcare law, or for those who want to advance their careers in their current industry, such as business intelligence analysts or compliance managers.
If you are a military service member, an MLS can provide the knowledge and skills to do your military work and transition to a post-military, law-related profession. You could work as a paralegal or in law enforcement, or you could pursue a career in a different field, such as human resources or banking, where the legal training and experience obtained in the MLS program will be beneficial.
A Master's in Law can also be a stepping stone to further education. It could prepare you for a PhD or an academic career, or it could be a way to explore your interests and gain advanced training in a specialised subject. Ultimately, the career paths available to you will depend on your jurisdiction, prior work experience, additional qualifications, and the industry in which you seek employment.
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Pursue a PhD or academic career
A Master's in Law is a great way to advance your career in a particular specialisation or boost your credentials. However, if you are looking to pursue a PhD or an academic career, a Master's in Law may not be enough.
A PhD in Law, also known as a Doctor of Philosophy in Law or a Doctor of Juridical Science (SJD), is a postgraduate academic degree that represents the greatest level of education one can obtain in the discipline of law. It is a research-oriented degree intended for those interested in pursuing advanced studies in legal research, theory, and scholarship. Obtaining a PhD in Law can open up a wide range of job options, including academic careers and legal research and consulting.
If you want to pursue a PhD in Law, you will need to meet certain requirements. While practice experience can be a useful qualification, it is not required. Most applicants will have had at least one year of post-law school experience, such as a clerkship, law practice, a public interest fellowship, or government work. You will also need to submit a writing sample, typically in the form of a research paper or dissertation, to demonstrate your legal scholarship and potential for future research.
Pursuing a PhD in Law can lead to various academic career paths. Many law PhD holders choose to work as law professors, legal scholars, or researchers at universities, research institutions, or think tanks. They may teach law courses, conduct research, publish academic papers and books, and contribute to the advancement of legal knowledge in their area of specialisation.
In addition to academia, a PhD in Law can also qualify you for other career options. You may find opportunities in legal research and policy analysis, working for government agencies, non-profit organisations, or think tanks. You could also become a legal consultant, providing advice and counsel to private enterprises, corporations, or organisations. With a PhD in Law, you can expect to earn a higher salary compared to those with only a Master's degree, although this may vary depending on factors such as your location, the institution you work for, and your level of experience.
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Enter a wide range of fields
A Master's in Law is a versatile degree that opens up a range of career paths across various industries. The specific benefits and opportunities depend on your chosen specialisation during the Master's, but here are some common fields and roles that you can enter with a Master's in Law:
Law Firms and Legal Profession
While a Master's in Law does not qualify students to practice law, it can be a valuable credential for those seeking to enter the legal profession or advance their existing legal careers. This includes roles such as paralegals, legal assistants, and attorneys. The degree provides a strong foundation in legal knowledge and skills, making it a good stepping stone for those interested in pursuing a Juris Doctor (JD) or other law school programmes.
Human Resources
Human resources managers or professionals often require a solid understanding of legal concepts, especially those related to employment law, labour relations, and employee rights. A Master's in Law can equip individuals with the necessary legal knowledge to excel in this field and effectively handle legal issues that arise in the workplace.
Finance and Compliance
Roles in finance and compliance, such as regulatory compliance officers, accountants, tax managers, and payroll managers, require a strong understanding of laws and regulations. A Master's in Law can provide the necessary expertise to ensure compliance with relevant laws, tax obligations, and financial regulations. This includes maintaining accurate financial records, preparing tax filings, and identifying areas for cost savings while adhering to legal frameworks.
Insurance
Insurance underwriters assess insurance applications, determine risk factors, and set policy terms and premiums. With a Master's in Law, individuals can gain the analytical skills and legal knowledge to evaluate data, financial reports, and industry trends to make informed decisions in the insurance industry.
Business and Consulting
A Master's in Law can also be beneficial for those seeking roles in business intelligence, analytics, or consulting. Business analysts, for example, need to understand the legal and regulatory landscape impacting their clients or organisations. With their legal expertise, graduates can provide strategic insights and recommendations that are compliant with relevant laws and regulations.
Military
For those in the military or transitioning to post-military careers, a Master's in Law can provide valuable legal knowledge and skills applicable to military work and law-related professions. This includes roles such as military police, where understanding and enforcing laws and regulations is essential.
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Frequently asked questions
A Master's in Law is a graduate degree that provides students with advanced training in a specialised subject. It is designed to be a career-boosting degree, allowing graduates to pursue a wide range of law-related career options.
A Master's in Law can help you advance your career in a variety of fields, including law, insurance, consultancy, human resources, and healthcare law. It can also be useful for those working in fields that require a high level of legal knowledge, such as compliance management or contract management.
The salary of a Master's in Law graduate will depend on their career path and location. In the UK, the median earnings of a Law Masters graduate five years after completing their course was £38,700. In the US, an individual with a master's degree will earn an average salary of $86,372, compared to $74,464 for those with a bachelor's degree.