The law as a career is gaining a lot of importance in recent years. Although the demand for law degrees never faded, this saw an increase in law degree takers in the last decade. The law degree gives you abundant career options and a good number of job roles. The present article tries to give a detailed analysis available for BA LLB graduates in the field of law.
Let's’ discuss them in detail
Arbitrator
The role of an arbitrator is growing rapidly as more people look for an alternative to traditional litigation. There are genuine and often global opportunities for work in this exciting area of law.
Role of the Arbitrator
The arbitrator’s work is basically an alternative dispute resolution on behalf of the client. Arbitration is one of the ways legal disputes are resolved outside the courts and across international boundaries. It’s used by many individuals and businesses on a voluntary basis meaning both sides just agree to follow any final decision.
Responsibilities of an Arbitrator
As an arbitrator one is needed to:
- Writing a notice of arbitration clarifying what is expected of the parties and specifying all matters of the dispute
- Gathering the evidence from claimant and the respondent
- Organizing and conducting arbitration meetings or hearings where both sides present their evidence
- Summarising each side’s position in a written document
- Interpreting and applying the relevant laws
- Making a decision resolving the dispute based on the evidence and arguments submitted by both sides
- Carrying out any appropriate follow up communication
Earning Potential
The fresh BA LLB professionals as arbitrators will be earning around 5 lakhs to 10 lakhs per annum. The experienced professionals will be earning around 8 lakhs to 12 lakhs per annum.
Junior Advocate
The junior advocates basically work under senior advocates in the law firms and consultancies and will be representing cases on behalf of them in certain cases in the courts.
