As organisations’ need for legal services increase their existing legal teams to keep up with business demand, companies are increasingly acknowledging the benefits of employing in-house counsel. Advantages include not just a reduction in external legal fees, but also the addition of value to the business.
Corporate, general commercial and other industries such as the IT, energy and insurance sectors offer opportunities for a broad range of skill-sets, and the market for lawyers wishing to work in the UK banking and finance sector is large and varied, with positions available in large UK banks, London-based branches of smaller international banks, and the fund management sector.
From a lawyer’s perspective, in-house positions can offer a number of benefits. Quality and diversity of work, competitive salary packages and a real sense of proximity to the business ensure that such appointments represent an attractive opportunity for career development.
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