Saturday, May 11, 2019

Bar Council Malaysia & College Of Law Sydney claim their LLM is equal to a MBA

by Ganesh Sahathevan

The College of Law and Bar Council Malaysia have been working together

From the Law Gazette, Singapore, an article by Peter Tritt ,Director, Asia-PacificThe College of Law:

The College’s new Master of Legal Business programme aims to provide lawyers with a post-graduate equivalent of an MBA. Its list of subjects includes topics such as: Building trusted client relationships; Innovation and entrepreneurship; Operational excellence; Finance and accounting; Aligning people; Leading self and teams; Business strategy; Creating and sharing value; Digitisation and Digitalisation; and Managing the impact of technology.

Peter Tritt is Director, Asia-Pacific for the College of Law and based in Kuala Lumpur. He is responsible for the College’s postgraduate legal education and professional training in Asia, with a focus on ASEAN. The programme portfolio includes three jurisdictional streams within the College’s Master of Laws (Applied Law) programme – ASEAN+6 Cross-Border Practice, Malaysian Legal Practice........A new stream in Singapore Legal Practice is being developed, in collaboration with The Law Society of Singapore.

The College's Malaysian LLM is assumed to be of equal standing to the Australian Master of Legal Business and it is being sold as a practical LLM; implying that this LLM is an alternative to a MBA requires much explanation for Malaysian lawyers (and others) are being persuaded to put a lot of money into this "practical" LLM rather than a MBA which is usually understood to be a rigorous course of study intended to cover various areas of business such as accounting, applied statistics, business communication, business ethics, business law, finance, managerial.

How the financial  principles underlying a law firm  are any different to those  underlying any other business is a matter that will be of interest to not only Malaysian (and Singapore) lawyers, but also academics in business, finance and economics. 

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