Law informs our everyday lives in a variety of ways. Contract law regulates agreements to exchange goods, services or anything else of value and property law determines people’s rights and duties toward tangible things like land or cars, as well as intangible things such as stock options or bank accounts.
One of the primary functions of law is mitigating conflict. Injustice fuels conflict, but the law can help keep peace by ensuring that people are treated fairly. A stable legal system can also foster economic growth by allowing businesses to operate confidently and protect their investments.
The content of the law varies widely from nation to nation, but most theorists agree that it should be an instrument for securing justice. Some laws are explicitly based on religious precepts, such as the Jewish Halakha and Islamic Sharia, while others are developed through human elaboration such as Ijma (conversions among scholars), Qiyas (reasoning by analogy) or Christian canon law.
Unlike most degrees, law is a career that demands both mental and physical discipline. The ability to work hard, think clearly and stay focused are all traits that make lawyers valuable members of society. In addition, there are few professions where you can continuously improve your skills and learn new things. It’s no wonder that law is considered a prestige degree and a top choice for ambitious people. However, law has its drawbacks, such as being difficult to study and requiring an enormous amount of reading and writing.