You may not have heard of reinsurance. It's a way that insurance companies share the risk of big losses with other insurance companies — effectively, it's insurance bought by an insurance company from another insurance company. It spreads the risk across many companies, protecting them from large or unforeseen losses. This works in the same way as ordinary insurance, but on a much larger scale. Reinsurance attorneys work to make sure that contracts benefit their clients, and, if necessary, take legal action against a reinsurer or other body if a contract is violated. They're much like other legal jobs that attorneys may take, but reinsurance jobs are much more specialized.
During your undergraduate degree there should be ample opportunities to research the law, whether for an essay, dissertation or other piece of assessed project work. Many students find that the freedom offered by the chance to carry out your own individually designed and structured research is the most rewarding of all opportunities available at university. If you find this to be the case then you may well be cut out for a career in academia. But what does a career in academia mean? For the discipline of law it usually means a mixture of teaching, research and the associated administration that inevitably accompanies these activities-especially teaching. Unlike some disciplines, such as science, there are very few university jobs that involve pure research, unless you confine yourself to a research post in which case you limit your career horizons and income. If you are committed to the academic life then I would recommend that you enroll in a postgraduate degree to develop your research skills. This is not necessarily the advice everyone would offer, as it is possible to become a member of law school staff without a postgraduate degree if you have an alternative professional qualification that substitutes practical experience for time-served research experience. However, if you do not undertake a postgraduate degree, then you will have to spend time gaining the professional qualification and if that is not immediately appealing to you, there is little point in using it as a route to academia.