Choosing to study an LLM is a big decision and with Brexit looming is now the time to start studying a Master of Laws program in the UK?
Be on the cutting edge of legal study
This is a once in a lifetime opportunity to be on the cutting edge of legal study and investigation of the biggest change to the British political landscape in a generation. The legal decisions taken now will have an implication on the day to day lives of every person in the UK. By undertaking an LLM whilst the Brexit negotiations are underway you will find your lecturers and professors called upon to give evidence and consult on the impact and legal implications of the negotiations. It's not likely there is going to be another chance to be on the forefront of such a major aspect of legal study any time soon.
Institutions may become better funded
With the changes in the funding structures of new students from the EU, there is a chance that post-Brexit institutions could become better funded. If EU students are going to have to pay higher fees than home students, then this extra revenue will go directly into the pockets of the institution. This is a good thing for all students, as an increase in revenue will lead to an improvement in facilities.
The rules aren't changing yet
The British Government is aiming for the UK to remain part of the Erasmus scheme, and for international and EU students not to be included in any future immigration caps. This coupled with the knowledge that students applying for 2018-2019 will be guaranteed the same terms and conditions as they have now has given extra stability to LLM applicants for near future. The British Government and many student representative bodies are campaigning for EU students who are resident in the UK on the day the UK exits the EU will, with their families, be guaranteed continued residency on the same basis. If you are thinking about applying for an LLM in the UK, then there is no time like the present. This year is definitely the year to study your LLM.
Massive opportunities for your career
Around 64% of laws made in the UK between 1993 and 2014 were influenced by the EU. This presents a huge challenge to the legal profession in converting and interpreting these laws as they are converted into UK legislation. Every sizable company and organisation with a legal department is going to need someone who has specialised knowledge and understanding of this process. Universities and Law Schools are already offering courses where you can discuss and study EU Law and Brexit. What an amazing chance for your future career.
Some things will not be clear until the Brexit negotiations are well underway. It seems that the British Government doesn't want EU or international students to be adversely affected by the changing rules. The chance to be involved in a huge legal change is a good reason to study for an LLM in the UK as soon as you can.
Funding your LLM
Studying an LLM is a great investment into your future career, and if you are having trouble raising enough money to cover your studies, Prodigy Finance has great funding solutions to help LLM students go further and pursue their professional dreams. Through a unique credit assessment model, Prodigy Finance offers collateral-free, no-cosigner education loans to lawyers attending the world’s best LLM programs. Find out more about Prodigy Finance here.
Please note that the information here does not constitute financial advice. Prodigy Finance is one of many potential funding options for international postgraduate students. Other student funding options are available and Postgrad.com advises you to research all your options thoroughly before making such a commitment. Postgrad.com accepts no responsibility for your choice of loan and does not endorse or support Prodigy Finance. Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 612713.