Lawyers Abroad
This NY Times article, published Friday, describes an influx of U.S. legal résumés in foreign markets:
A year ago, a lawyer looking for work in Hong Kong could have gone on eight interviews and had seven offers, [a legal recruiter] says. But in this market, firms can afford to be choosier. . . . Now they can afford to be more selective because there are more highly qualified candidates coming over.Much of the article is old hat, but there are some dishy remarks from Boalt OCI frequent fliers, including Kirkland, Latham, Covington, Weil, Fulbright, Cave, DLA Piper, and Clifford Chance.
Labels: OCIP/Employment
8 Comments:
Wouldn't that be an "outflux" of resumes to foreign markets, if for no other reason than because of the use of the word "foreign"?
The article makes it sound like jobs overseas have been very easy to get up until recently, but that's not what the CDO told me last year. They made it sound like you had to be phenomenal candidate.
2:09 - I think the article is talking about lateral candidates, not entry-level candidates. Foreign offices value US BigLaw training. Try to lateral after two or three years, and it should not be difficult.
Is there ever a need for litigation laterals in foreign markets? London etc.? I am trying to think of a reason and can't really...other than advisory/in-house type capacity.
6:00PM - International arbitration.
Litigation is not common. You're more likely to get corporate.
International arbitration is a possibility but it's a small market for US-trained lawyers. Most Americans doing arbitration are in NY.
If you really want to go to a foreign market (like London), you should consider M&A, capital markets, or tax.
Capital markets, you probably should hit yourself in the face with a stick. M&A, probably will be fine as a first year. And the world always needs tax lawyers.
Maybe Patrick means that litigation is more fun than transactional law. Yeah right.... nothing like sitting around and arguing about what the transactional lawyers created when something goes wrong, and engaging in endless discovery. That sounds like a blast.
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