The need of professionals in the prevailing corporate environment to synchronise their managerial skills with legal strategy, has been stressed at a seminar here.
Speakers at the seminar on how to fill the legal and regulatory knowledge gap in business and industry also called for striking a balance between the legal and business approaches of establishments.
It was also concurred at the seminar, organised by the Jindal Global Educational and Professional Academy here, that every strong business or commercial structure should be strengthened by a strong legal foundation to ensure that a business runs smoothly.
On the sidelines of the seminar, former Chairperson of the Competition Commission of India, Dhanendra Kumar, launched the Master of Business Laws Programme at the Jindal Global Law School (JGLS) to address the dynamics of the current corporate environment, where business intersects with law, policy and dispute resolution, a statement issued by the university said.
"The purpose of introducing the programme is to empower, enable and educate the business side of corporations, to provide opportunities for business officials, leaders and working professionals who have not had formal training in law, to be able to study law, particularly the laws that are affecting the business in all its forms and manifestations," Professor C Raj Kumar, founding Vice Chancellor of JGU, said.
Michael J Barnes, Director of the programme, said that there was no quicker way to destroy the value of a firm or a brand in the corporate world than transgressing the law.
He said JGLS has opened "a new window of opportunity for adult learners in India".
Barnes said business professionals who do not possess a law degree can pursue the course for this purpose.
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