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Today’s business climate is one of increased regulation. From President Obama’s health care overhaul to the massive Dodd-Frank financial reform law to the EPA clean air and water regulations, these mandates require immense regulatory oversight. Well-crafted regulations serve many purposes. They protect people from harmful products, ensure judicious use of our natural resources, and safeguard the environment. They can prevent national and regional economic disasters, and can strengthen industries. They also play a critical role in structuring the economy and paving the way for innovation and competitive markets.
Greater regulation also means job creation in compliance, legal governance, and risk management. The more regulations there are, the more people are needed to ensure the rules are being followed. While regulations may have significant compliance costs, many times the additional expense may be warranted if the regulations produce even larger economic and social benefits.
Regulations are mandatory requirements that can apply to individuals, businesses, state or local governments, nonprofit institutions, or others. Congress passes the laws that govern the United States, but Congress has also authorized the EPA and other federal agencies to help put those laws into effect by creating and enforcing regulations.
Increased regulations can mean more jobs in the legal studies field. For instance, legal governance, risk management, and compliance, or "LGRC," refers to the complex set of processes, rules, tools, and systems used by corporate legal departments to adopt, implement, and monitor an integrated approach to business problems. In addition, attorneys, corporate legal departments, general counsel, and law firms also need LGRC to govern themselves and their corporations or organizations.
There are numerous opportunities today for professionals, leaders, and change agents in fields that lead or support legal efforts and policy-oriented processes within society or organizations. Areas in the law such as legal studies, legal services, paralegal studies, public administration, and policy, including environmental policy, are growing and have tremendous potential.Explore the opportunities and find out for yourself if you could be a good fit for the legal studies profession!
Changing Your Career Was Not in Your Plans
Career Change…Not For the Weary, Certainly For the Driven and Passionate
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And if you are considering pursuing higher education we invite you to find out more about Kaplan University’s programs and explore our undergraduate and graduate degree offerings.It is important to note that certain career paths are growing and our degrees are designed to strengthen your knowledge and prepare our students to advance their careers. But Kaplan University cannot guarantee employment or career advancement. Several factors specific to a student’s or alumni’s backgrounds and actions, as well as economic and job conditions, affect employment. Also, keep in mind that national long-term projections covered in articles may not reflect local and/or short-term economic or job conditions, and do not guarantee actual job growth.
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