Law Report – Brexit and the implications for Banking Lawyers
Laurence Simons and Vacancysoft
To create this report, Vacancysoft analysed vacancies recorded since January 2015. Our data for this analysis spanned the legal and banking sectors both in the UK and across Continental Europe. The key headlines of the report are:
- Financial Services Litigators and Regulators likely to be the big winners as demand for their services increases.
- Regionally legal vacancies in Banks have held relatively steady, regardless of Brexit. In London though vacancy volumes are down significantly for Banking Lawyers.
- Regardless of Brexit vacancies for lawyers in London have fallen in terms of national share, down from over 40% of all legal vacancies two years ago to 30% now.
- Across Europe, Paris was already this year the largest centre for vacancies for Banking Lawyers outside the UK, will this now accelerate?
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Every day Vacancysoft monitors careers centres on thousands of company web sites, and gathers links where there is change. These links are then classified automatically, and in the case of relevant content, by Vacancysoft staff. The vacancies are found in the course of normal operations; we eliminate duplicates in the vacancies and process them according to our proprietary rules.