find the latest legal job
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Arncliffe NSW 2205
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: All Sydney NSW
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Sydney NSW 2000
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
4+ PAE Commercial Lawyer - Contract Role (Maternity cover)
Category: Corporate and Commercial Law | Location: All Sydney NSW
· 4+ years PAE · End-to-end deal carriage
View details
Partners and Senior Specialist Lawyers
Category: Corporate and Commercial Law | Location: All Australia
· Earn 70% of billings and fixed referral incentives · Full practice flexibility & freedom
View details
My next move: With the European and North American economies struggling, am I better off staying at

My next move: With the European and North American economies struggling, am I better off staying at

In light of the economic issues faced by Europe and North America, for some lawyers it is perhaps worth contemplating staying at home until the global markets recover.

In light of the economic issues faced by Europe and North America, for some lawyers it is perhaps worth contemplating staying at home until the global markets recover.

However, the period of recovery is uncertain and there are still markets and areas of demand that will look to Australian lawyers to fill recruitment gaps. 

Weak economic conditions generally see particular areas of law thrive, such as the demand for dispute resolution lawyers (both commercial and banking litigation and arbitration), and if you have gained strong experience from a top-tier or global firm within this area there may be a number of excellent international opportunities available to you. 

Projects/project finance and energy are also areas within the London, Singapore and UAE markets that are in demand.

In this market, to be successful with an international move, Australian lawyers need to be at least four years PQE, with experience in top-tier or international/global firms, and, if Hong Kong is on your radar, then Mandarin is fast becoming the preferable language.

If you are a lawyer with the right to work in a particular country instead of the need to rely on sponsorship from a firm, and you are prepared to be on the ground for interviews, then this could hold you in good stead provided you have gained experience in an area of demand and have a strong firm background. 

For lawyers who have gained their experience in mid-tier or smaller firms and are seeking to move to international markets, it might be a better option to wait until demand for international lawyers increases or to make a move domestically into a top-tier or global firm that will assist you to move internationally at a later point in time.

The corporate world is still turning, despite the European and North American economic struggles, and there are firms throughout London, Singapore, Hong Kong and the UAE who will consider Australian-qualified lawyers for recruitment and, in doing so, are confident they have the work to attract and retain top talent.

While areas such as corporate and banking and finance may not be as buoyant as they once were, the cyclical nature of work that arises out of economic slowdowns paves the way for lawyers with a different skill-set to be in demand, and those lawyers should definitely capitalise on this market.


Like this story? Read more:

Book commemorates diamond milestone for WA law society

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

My next move: With the European and North American economies struggling, am I better off staying at
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Jan 17 2018
Lawyers lash out over latest Dutton attack
A number of legal bodies have condemned federal home affairs minister Peter Dutton’s latest commen...
Car crash, driverless cars
Jan 17 2018
Driverless cars a privacy car crash in the making
The testing of driverless cars on Australian roads has presented a new challenge, with serious conce...
new role with SA judicial appointment, scales of justice
Jan 15 2018
Worker's comp expert takes on new role with SA judicial appointment
An Adelaide barrister has been appointed deputy president of the South Australian Employment Tribuna...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...