Life as a business lawyer can sometimes be challenging, and there might be days when you question why you decided this career path was the right one for you. On stressful days when you feel like giving up and trying something new, take a moment to remember why you got involved in law in the first place. When you think about the many benefits, like those listed below, you might just gain a renewed appreciation for your line of work.
Diverse Range of Legal Services
There is already a diverse range of practice areas in the legal industry, but when you become a business lawyer in Mississauga and elsewhere in the United States, you can offer your clients a long list of legal services. The average business lawyer can help clients with general business law, wills and estate planning, commercial real estate, residential real estate, and much more. With such a broad range of offerings, you’ll likely never have two days the same at your law firm.
Excellent Earning Potential
After several years at law school, possibly with student loans, starting your legal career with a low bank balance can be disheartening. However, it might not be long until you earn more than enough to live a comfortable lifestyle. Corporate lawyers in the United States can earn an average base salary of $135,843 per year and 401k benefits. The more experience you have, the higher your earning potential might be.
Transferable Skills
After graduating from law school, you might decide that you don’t want to be a business lawyer after all. While it can be disappointing to learn that after putting in so much effort, your skills don’t have to go to waste. You can transfer them into other areas, such as mediation, legal consulting, and management. Your career prospects with a legal background know no bounds.
Desirable Work Perks and Environments
Being a lawyer can sometimes be stressful and challenging, but there’s no denying that the title comes with many desirable work perks and environments. You might get to enjoy beautiful city views from architecturally astounding office buildings, benefits like health insurance and 401k, and support staff to help with those time-consuming tasks that would otherwise see you snowed under. You might also enjoy the flexibility of being able to work remotely whenever you please.
Mental Stimulation
If you’re the type of person who thrives on finding solutions to problems, then being a business lawyer might be the right career path for you. You’ll likely encounter problems to solve every day and be required to help your clients with various complex issues that may require analytical, reading, and writing skills.
Studies have also shown that extra years of education are associated with cognitive benefits later in life, which means the best might be yet to come if you choose to remain in such a mentally stimulating field.
There might be days when you’re not feeling fulfilled or are so stressed and run down that you want to exit the legal field. However, when you remember how mentally stimulating it is to be a business lawyer, the desirable skills you can refine, and the many perks, you might experience a renewed appreciation for your role in the business community.
