The Legal Offshore Market

The Legal Offshore market is made up of a number of differently sized firms at various stages in their development. The larger more established firms tend to have operations in most of the Offshore Financial Centres (OFC’s) with the others being mainly either Caribbean or Channel Islands based. The OFC’s have been attracting an increasing number of international organisations who rely on the services provided by the Offshore law firms. In addition there is a considerable volume of High Net Worth individuals whose needs make up a large percentage of the work carried out.

The legal system in most OFC’s is based on English common law, as such Lawyers trained and with experience gained in Commonwealth countries are very attractive. The perception of candidates who already have a profile of success gained Offshore is highly appealing to both the Offshore and Onshore market. Leading City and top tier law firms look very favourably on candidates with Offshore experience.

Lifestyle

Working as an Offshore lawyer provides a high quality of work with an enviable work-life balance. Although in some of the larger offices the chance to maintain a very specialist focus is similar top tier Onshore firms in many of the smaller offices there is the chance to be a little more generalist and prove your business development skills as the growth of the practices are key. It is important to remember that tax rates range from zero to 20%, giving candidates the opportunity to maximise their earnings.

Demand Areas

Although we have requirements in a wide range of Offshore Financial Centres, the demand hot spots are primarily Jersey & Guernsey; and Cayman, BVI, and Bermuda.

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