7 Legal Jobs for Law School Graduates Other than Practicing Law
The legal industry is undeniably one of the most competitive career sectors. Studies report that for every job in the legal profession, there were 28 graduates competing for it. Fast forward to 2021, and the situation is not so different.
With that said, law graduates are not restricted to being a lawyer or solicitor alone. Those with this traditional professional qualification can apply their skillset to several diverse roles that are as lucrative as law careers.
In this article, we will take a look at some of the best employment alternatives for those with a law degree.
1. Management Consulting
Management consulting is one of the fastest-growing industries. Top-tier management consulting groups also come with the opportunity of a high paying law career. Law graduates can apply their critical thinking, problem-solving, and communication skills to interact and handle professional clients.
2. Investment banking
It is fairly common for lawyers to switch to finance, playing the roles of financial advisors and consultants. This is particularly a beneficial transition for corporate lawyers, who know the ins and outs of the market and can manage time effectively. Lawyers with long-standing relationships and who can apply their good judgment are always coveted by the banking sector.
3. Judge’s Associate
If you have a knack for research, then being a Judge’s associate allows you to hone these skills. A majority of your time will be dedicated to listening to the lawyer’s submissions; however, you will also be required to do substantial legal analysis, comment on submissions and do administrative work.
The knowledge of the law has several applications in the recruitment industry as well. In particular, the specialization of legal recruitment requires a lawyer to identify potential clients who are relevant to the role.
5. Compliance Officers
Regulatory Compliance is one of the roles that has been high-in-demand in the past few years. Compliance officers ensure that a company complies with the guidelines of the regulatory bodies. You can find related jobs across all industries and organizations, where most employers prefer candidates to have a law-based or a business degree.
It is no news that a large number of politicians hold law degrees. In fact, the law school offers excellent training in reasoning, research, and speaking, all of which are of significant use in most political jobs. Your degree can help you understand the law’s real-life implications, aside from other skills such as argumentation and advocacy. There is a plethora of rewarding jobs in politics for law students – ranging from public relations, communications, lobbying, and civil service.
7. Insurance Roles
Lawyers are also particularly welcome to play the role of loss adjusters in the insurance companies in order to verify the claims. Your legal skills can transfer will into this field, such as an eye for detail, negotiation, analysis, and being able to communicate effectively with people from all walks of life.
As you can see, the competencies you develop during your law school are relevant in many other jobs. Your legal qualification is only a part of your learning – one that can lead you to diverse career paths.