Commercial and Business law have become more important: Prez

PTI
Saturday, 17 March 2018

Delivering the 3rd Foundation Day Lecture of the National Law University Odisha, Mr Kovind said trade and commerce, international agreements and even the craft of diplomacy increasingly turn to lawyers and legal minds for negotiations and skilled drafting of texts.

Cuttack: With the growth of economy and expansion of legal profession, commercial and business law have become more important, complex and intellectual stimulating, President Ram Nath Kovind said.

Delivering the 3rd Foundation Day Lecture of the National Law University Odisha, Mr Kovind said trade and commerce, international agreements and even the craft of diplomacy increasingly turn to lawyers and legal minds for negotiations and skilled drafting of texts.

Arbitration and the globalisation of legal services have also linked today's lawyers with the rest of our planet, he said adding that the modernisation of the legal profession has kept pace with the rise in opportunities for law graduates and young lawyers.

While litigation in the courtroom remains at the core of legal practice, a law graduate today finds many avenues open to him or her that were simply not available to previous generations, he remarked.

Kovind said an advocate is a law officer of the court but he or she has a responsibility to the client, a duty to assist the court in delivery of justice.

"Our legal system has a reputation for being expensive and for being prone to delays and the use and abuse of the instrument of adjournments is often done by advocates who see adjournment as a tactic to slow down proceedings, rather than a response to a genuine emergency.

This adds to the cost of obtaining justice for the litigant. It would be a travesty of our republican ethic if a poor person did not get the same access to the law as a rich person.

Kovind said these are issues for the emerging generation of lawyers to ponder and to rectify. The opportunities and rewards of this profession ? both intellectual and financial ? are enormous. And this is welcome. But a good legal professional is not just somebody with a mind ? he or she is also somebody with a heart.

The President said he was happy to learn that the National Law University, Odisha is equipping its students in new fields and introducing them to new possibilities.

Using the GIAN programme, this University has offered courses in international e-commerce law and in corporate governance in India. These have involved guest faculty from the United States and Singapore.

"I am glad to note the curriculum of the University is socially relevant. From July this year, a distance education and online course on Child Rights ? developed with the support of UNICEF will be introduced," he said.

The legal profession, the President said has a simple aspiration for the lawyer to be a voice for the voiceless and to bring justice to the most deprived. To secure the universal and inalienable rights of every child is an aspiration that makes the legal profession just so meaningful.

Chief Justice of India Deepak Mishra stressed upon the importance of the Foundation day as a mark of remembrance and to introspect what we can do for the future.

The students he said should become the cornerstones of liberty,justice and equality.

Justice Mishra quoted Einstein and asked the students not to regard the studies as a duty but an opportunity to learn.

Odisha High Court Chief Justice Veenet Saran said the National Law University in Odisha has made a name not only in the national level but also in the international level. He urged everyone present to contribute to the vision of the university and reach its peak.

Odisha Governor S C Jamir, Chief Minister Naveen Patnaik and Minister of Petroleum and Natural Gas Dharmendra Pradhan also graced the occasion.

The President who arrived at Bhubaneswar this morning on a two day visit to Odisha, visited the National museum of Netaji Subash Chandra Bose and dedicated the Anand Bhawan Museum and Learning Centre to the people of Odisha.

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