In House Legal Job Market for 2016

A combination of Brexit fears, a drop in oil prices and China’s economic slowdown has caused uncertainty regarding recruitment plans for many FTSE 250 businesses in London. The recruitment market in the Middle East is also far from its glory days of career and fortune, many Qatari and Emeriti corporations have made rigorous redundancies leaving ex-pats with no option but to look overseas.

Aside from the above uncertainty, London’s In-House legal job market still remains buoyant within Commercial IT, Technology and Fintech as General Counsels continue to strengthen their legal teams. From mid-2015 to present, the pharmaceutical sector has increased, notably for senior level roles with a specific requirement for regulatory and IP experience.

Many online trading companies are frantically in search of their first In-House lawyer to focus on UK/EMEA and provide regulatory analysis and assist the business with challenges such as MiFID II and the new EU market abuse regime. Part of this role is to ensure that ongoing EU and UK regulatory developments won’t impact the business commercially.

Data Privacy Officer lawyers in the UK and EMEA are also in demand within retail, cloud technology and payments, this could be a great career change for a highly experienced IP Lawyer who is looking to specialise. In 2015, the internet experienced some of the biggest data hacks to date costing the global economy £280bn, where companies failed in setting the correct data privacy measures to protect valuable entrusted data. It’s predicted that numerous multinationals will bulk up their cyber security teams by hiring specialist Data Protection officers to prevent the risk of cyber-attacks.

For confidential conversation regarding in-house legal opportunities, please contact Liam Taaffe on + 44 (0)207 269 9122 or email liam.taaffe@gmk-legal.co.uk