Dayanand College of Law took its humble birth in the precious hands of Dayanand Education Society in 1971, imparting professional and legal education to the young and aspiring youth of this region to pursue their career as independent professionals. The College was initially affiliated to Marathwada University, Aurangabad and later on in 1995 the College secured its permanent affiliation to Swami Ramanand Teerth Marathwada University, Nanded. The College is recognized u/s 2(f) and 12B of the UGC Act and also by the Bar Council of India.   The College is located in a sprawling campus of 22 acres of land of the Society with a separate building allotted for the Law College.

The establishment of Dayanand Education Society, Latur, in May 1961 was a landmark in the annals of the history of education in the backward Marathwada Region of Maharashtra, which heralded a new era in the field of professional higher education which was rather an unfulfilled dream due to distant proximity and economic constraints. The founding fathers of the Society like Late Shri Manikraoji Sonavane, Late Shri Raja Narayanlalji Lahoti, Late Shri Chandrashekherji Bajpai, Late Shri Madanlalji Biyani, Shri Shantibhai Shah, Late Shri Nathmalji Innani, Late Shri Ranaba Mandade, Late Shri Ramgopalji Rathi, Late Shri Tamanappa Utage, Late Shri Keshavraoji.