Digital economy refers to an economy that is based on digital computing technologies. IoT stands for Internet of Things in today’s digital economy. Internet of Things and digital economy are buzz words. The digital world changes very fast today, and digital and non-digital is intertwined. Working in Internet of Things requires some technical understanding. Ideally the LLM should provide some access to introductory courses in those technical subjects.
Many law schools offer LLM degrees and short courses that prepare lawyers and other professionals to the challenges faced in the digital economy.
Law subjects very closely related or overlapping are also digital media, intellectual property, new aspects of copyright law, comparative intellectual property law, design and patent law, E-commerce, rights management, digital commerce, new business models in the digital area and cyber security.
Several law schools, particularly those in the US, the UK cover subjects relating to IoT and digital law in their LLM programs.
Career opportunities for an LLM in digital economy include law firms, media companies, banks, VCs, large MNC, lawtech firms, international organisations, government agencies, non-governmental organisations.