Careers For Master of Laws In Taxation (LLM) Graduates

In today’s business world, it’s becoming increasingly difficult for even seasoned lawyers to stay abreast of the latest changes to the laws and policies that govern taxation at the federal, state and local level.

Those who have a firm understanding of tax law and how to effectively and ethically apply it to help companies or individuals achieve their financial goals are a valuable commodity to organizations in every sector of the economy.

AACSB Accredited

Villanova University School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) – the premier accrediting agency for business programs.

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Forbes ranks Villanova University in the top 100 of “America’s Top Colleges.”

Villanova University Charles Widger School of Law is approved by the Council of the Section of Legal Education and Admissions to the Bar of the American Bar Association, 321 North Clark Street, Chicago, IL 60654, (312) 988-6738.

GAIN THE EXPERTISE TO STAND OUT IN A CROWDED FIELD

Villanova University’s Master of Laws in Taxation (LLM) online can prepare you to become a leading authority in this critical specialization of the legal profession.

Our program is designed for attorneys who aspire to grow their expertise in the intricacies of tax law so they can more effectively counsel their clients or organization.

By earning this degree, you can enhance your knowledge in areas such as corporate, individual and partnership taxation, estate planning, state and local tax (SALT) and executive compensation.

THE ADVANTAGES OF EARNING YOUR MASTER OF LAWS IN TAXATION

Choosing to specialize your law career in taxation can have many benefits.

According to PayScale, the median salary for tax attorneys is $102,181. As you gain experience, your earning potential can increase significantly. PayScale further reports that the median salary for late-career tax attorneys is $154,181, with the top 10% earning more than $300,000.

Your career can also be personally rewarding. A survey of nearly 17,000 associates conducted by career-guidance website Vault found that out of 20 practice areas, tax lawyers were the most satisfied with their jobs. Among the reasons cited were the problem-solving nature of the work, the steady workflow and the opportunities to provide pro-bono service for nonprofits.

WHAT ARE SOME SPECIALIZATIONS WITHIN THE FIELD OF TAX LAW?

Being a tax attorney is already a specialized career, and earning your Master of Laws online from Villanova can prepare you to excel at the highest levels.

But even within the field of tax law, you have the freedom to take your career in many directions. The American Bar Association identifies the following as common for tax attorneys.

  • Corporate tax
  • Partnership tax
  • S. international tax
  • State and local tax
  • Individual income tax
  • Estate and gift tax
  • Tax-exempt organizations
  • Tax issues related to

WHERE CAN MASTER OF LAWS IN TAXATION DEGREE HOLDERS WORK?

Tax attorneys are employed across a broad spectrum of industries. They can work in both the public or private sectors, for firms or as in-house experts, and be self-employed or work for multinational corporations. Some of the top settings for this profession include:

  • Law firms
  • Private corporations
  • Accounting firms
  • Small businesses
  • Government agencies
  • Academia
  • Consultancies
  • Personal advisor services
  • Nonprofits
  • Tax courts

Villanova University Charles Widger School of Law is approved by the Council of the Section of Legal Education and Admissions to the Bar of the American Bar Association, 321 North Clark Street, Chicago, IL 60654, (312) 988-6738.

ADDITIONAL RESOURCES FOR CAREERS IN TAXATION

Do you want to learn more about careers in taxation and opportunities that a Master of Laws in Taxation (LLM) online can make accessible to you? Check out these valuable resources.