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Law has the unpredictable significance of a living life form. It is what binds the people in a legal obligation towards each other. Law and the legal profession have always catered to the needs of common people. Consequently, evolution in law becomes the sine qua non to accommodate socio-political, technical, and economic changes. Likewise, laws in India cover a broad spectrum of fields that administer our day to day lives. The changing trends like technological advancement, increasing online transactions, startups, entrepreneurship, intellectual property protection, and government reforms call for the need for specific laws to provide a more nuanced outlook.
Following are some of the recently emerging fields of law in India:
Globalization has made international contracts and foreign-domestic ventures a reality. FDI has spurred the inter-state relations by creating direct links between economies. These links are stable and persistent. International laws and treaties govern International commercial ties. Legal experts and advisers in FDI are expected to come up with a specific plan of action to crack an optimal deal. For a better insight into how international laws function, there are numerous courses available online. These include certificate courses in International Trade, International Mediation, International Commercial Arbitration, International Business Law, Foreign Direct Investment, etc.
One thing that will never go out of business is ‘business.’ The business sector in India is one of the highest contributors to the national economy. In a democratic country like India, where politics and economics often coincide, almost all government policies affect business activities. Hence, understanding of the legal implications of business becomes essential. Rolling out of GST ( goods and services tax) in 2017, created a national furor. Just another taxation law brought the entire country to its knees. Hence, upcoming legal experts must excel in this category of law. This will lead to the opening up of better business prospects for those in the industry.
Digitization is here to stay as everything has entered the virtual domain. In light of the “Big Data”, securing personal information becomes a primary concern. The Cambridge Analytical controversy has left the entire world in astonishment and woe. Internet, as an open-ended platform, jeopardizes the confidential information of the users. Additionally, hackers might spam your mail or manipulate your data to leak essential details. Recent developments in the area include the Personal Data Protection Bill, 2019. All this makes cyberspace prone to crimes and frauds. Legal measures become necessary. Technological up-gradation has paved its way into the legal sector in recent times. With AI (Artificial Intelligence) coming into the scene, people’s lives become simpler. It has also engaged the minds of legal practitioners. Hence, ‘Information Security’ and ‘Data Protection’ is another emerging specialization in law.
In a world where all sorts of entertainment have been brought to our electronic devices, whether it is music, movies, or books, we need to stream in! Almost all the eminent news publications and channels have an online presence through social media and respective websites. In this age of instant information and access, everything is available online, whether it is advertising, social media, or streaming services. It further necessitates understanding the need of the hour. Lawyers are needed explicitly in this niche field. The scope of their work might vary from getting an author an aid to protect the copyright in his book and the royalties thereof, to drafting celebrity agreements with giant production houses. Attaining innovation/ design patents or litigating against a representative body, all of these roles are various facets in a lawyer’s life. Getting any new product/ service a trademark of its name or filing the corresponding applications for obtaining a patent for a product/ services also accounts for a legal expert’s role. It encompasses all enactments guiding the behavior of all kinds of artists in the industry, alongside protecting their rights. To act upon these matters, expert lawyers in media and entertainment law are mainly required.
In a world where all sorts of entertainment have been brought to our electronic devices, whether it is music, movies, or books, we need to stream in! Almost all the eminent news publications and channels have an online presence through social media and respective websites. In this age of instant information and access, everything is available online, whether it is advertising, social media, or streaming services. It further necessitates understanding the need of the hour. Lawyers are needed explicitly in this niche field. The scope of their work might vary from getting an author an aid to protect the copyright in his book and the royalties thereof, to drafting celebrity agreements with giant production houses. Attaining innovation/ design patents or litigating against a representative body, all of these roles are various facets in a lawyer’s life. Getting any new product/ service a trademark of its name or filing the corresponding applications for obtaining a patent for a product/ services also accounts for a legal expert’s role. It encompasses all enactments guiding the behavior of all kinds of artists in the industry, alongside protecting their rights. To act upon these matters, expert lawyers in media and entertainment law are mainly required.
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