LL.M. is an abbreviation of the Latin Legum Magister, which means Master of Laws. In Latin, the plural form of a word is abbreviated by repeating the letter. Hence, “LL.” is short for “laws.” Legum is the possessive plural form of the Latin word lex, which means “specific laws”, as opposed to the more general concept embodied in the word jus, from which the word juris and the modern English word “justice” are derived.
The LL.M. (Master of Laws) is an internationally recognized postgraduate law degree. It is usually obtained by completing a one-year full-time program. Law students and professionals frequently pursue the LL.M. to gain expertise in a specialized field of law, for example in the area of tax law or international law. Many law firms prefer job candidates with an LL.M. degree because it indicates that a lawyer has acquired advanced, specialized legal training, and is qualified to work in a multinational legal environment.
Graduation requirements for an LL.M. program vary depending on the respective university guidelines.
The New York University LLM in Taxation is an advanced course of study program in Taxation.
According to the New York University (NYU) web site, the following is true concerning its Master’s in Taxation program:
“For over 60 years, NYU’s Graduate Tax Program has produced the best and the brightest tax practitioners, academics and government leaders, nationally and internationally. The NYU Graduate Tax Program is widely viewed as the preeminent program of its kind. It has been ranked #1 by U.S. News & World Report since 1992, the year the rankings began.”