Legal banking roles in post-Brexit UK: reasons to be cheerful?

Morgan McKinley and Vacancysoft

June 2018

As the date for the UK leaving the EU draws closer, we have sought to analyse how hiring activity has changed in the banking sector and impacted demand for banking lawyers as a result. Key takeaways include:

  • The fall in the US Dollar over the last year has meant that the salary advantage normally offered by American firms has been slightly diluted. What will they do to compensate?
  • Hiring in London is outpacing that in the regions, reversing the trend of regionalising jobs in 2017.
  • Whilst activity plunged in late 2016, Q1 2018 has started to show levels of recruiting last seen before the referendum.

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