Should I do an LLM?
Find out if an LLM is the right step for you to take at this stage in your legal career journey?
Nov 14, 2023
Written By Elizabeth Beesley
Nov 14, 2023
Written By Elizabeth Beesley
The legal profession is one of the most dynamic and rapidly evolving fields in today's world. The challenges and complexities of modern society continuously reshape the legal landscape. As such, it's crucial for legal professionals to engage in lifelong learning and adapt to these changes. This article delves into whether to pursue a Master of Laws (LLM) degree or opt for alternative career paths. We aim to help you understand the key differences between these options, empowering you to make informed decisions about your legal career. The legal profession is evolving more rapidly than ever before. Advances in technology, changes in legislation and the increasing globalisation of legal practice demand that lawyers remain at the forefront of their field. Continuous learning is essential for staying relevant in a competitive legal market.
An LLM, or Master of Laws, is a postgraduate degree in law. It is typically undertaken after completing a Bachelor of Laws (LLB) or its equivalent. LLM courses vary in duration but they usually last one year and may involve a research project or dissertation. These programmes offer a range of specialisations, allowing students to explore specific areas such as international law, tax law or human rights law.
Find out if an LLM is the right step for you to take at this stage in your legal career journey?
Pursuing an LLM offers several advantages. Firstly, it deepens legal knowledge and expertise in a chosen specialisation. It provides an opportunity to explore legal issues in greater depth and gain a more profound understanding of specific areas of law.
Secondly, an LLM can make graduates more competitive in the job market. Many employers value the advanced knowledge and skills that an LLM can provide, which can be particularly beneficial when applying for roles in specialised areas of law.
Furthermore, certain legal roles often require an LLM. For example, academia and international law practice frequently demand advanced legal education. An LLM can be a stepping stone to these career paths.
In addition, pursuing an LLM may have a positive impact on earnings. Studies have shown that LLM graduates, especially those working in specialised fields or with international law firms, can earn higher salaries.
Although pursuing an LLM has its benefits, there are also drawbacks and challenges to consider. One significant concern is the financial implication. LLM courses can be expensive and students may accrue large amounts of student debt. Prospective students need to carefully evaluate the potential return on investment.
Another drawback is the opportunity cost. Spending an additional year in education means delaying entry into the workforce. This can be particularly relevant for those who wish to start their legal careers as soon as possible.
There’s also the possibility of oversaturation in the job market. As more law graduates pursue LLM degrees, the market for LLM-qualified professionals may become increasingly competitive.
For those who decide not to pursue an LLM there are alternative paths to advance a legal career. Practical experience gained through internships is invaluable, providing an understanding of how law is applied in real-world settings.
Industry-specific certifications, such as those offered by the Chartered Institute of Arbitrators (CIArb), are another valuable alternative. These demonstrate expertise in a particular area of law and can enhance job prospects.
Continuing legal education (CLE) courses and other short-term programmes are also excellent alternatives. These offer focused, targeted learning opportunities that can deepen knowledge in specific legal areas.
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An LLM can be particularly advantageous if you are interested in specialising in an area where advanced legal education is highly valued, such as international law, academia or certain government roles.
For law graduates who opt not to pursue an LLM, there are plenty of viable career paths. In some areas of law, practical experience and industry-specific knowledge are more crucial than advanced degrees. For instance, employers in the criminal or family law fields often prioritise hands-on experience.
Ultimately, the decision to pursue an LLM or not should be informed and guided by a structured process. If this is something you’re deliberating, engage in self-assessment to consider your career goals, personal interests and financial situation. Weighing the pros and cons and reflecting on your long-term career objectives is essential. Understanding the specific requirements of the legal field you aim to enter is equally crucial.
The choice between pursuing an LLM or exploring alternative career paths is a significant decision in any legal professional's journey. This article has provided insights into the pros and cons of both options. In a dynamic and evolving legal landscape, continuous learning is vital. Whether you opt for the LLM path or an alternative, the pursuit of knowledge and adaptability remains the cornerstone of a successful legal career.
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