An overview of the NQ Offshore Legal market

Hydrogen's Chloe Lam-Moores gives a 2019 review of the NQ Offshore legal market and looks ahead to what 2020 holds

​Our Offshore Legal practice has been placing NQ and Junior lawyers into private practice and in-house roles since 2001. In the Channel Islands, the demand for top Legal talent has never been greater due to most local firms not having their own trainee intake and having a smaller pool of local junior lawyers on the islands. With increasing demand in litigation, finance and corporate areas, there’s never been a better time to consider an opportunity Offshore, with its associated salary and lifestyle benefits.

2019 market review

This year, we have seen a number of clients in the Channel Islands begin their search for NQ’s earlier than usual to make sure they secure the best individuals. Those qualifying in September 2020 are already interviewing, which is a full six months earlier than in 2018.

Scotland has become a popular hunting ground for NQ’s this year, with lawyers from Edinburgh, Glasgow and Aberdeen able to double their salaries with a move to the Channel Islands, as well as take a step up in terms of higher value work. A number of junior lawyers from South Africa and the Commonwealth have also opted for the quality of life and range of Legal opportunities that the Channel Islands affords. Despite the tax incentives, a slightly smaller network of London-based NQs have chosen the Channel Islands this year, most likely due to Offshore salaries not tracking as well as expected in 2019.

2020 market forecast

We expect to see more movement in 2020 from those qualifying in London as salaries are changing, with most practices moving towards £65,000. This will continue to attract candidates from Scotland and the regions too. In light of Brexit, we expect Offshore firms to have another real push to attract lawyers coming from the UK as they have done in previous years. Because of this, we expect 2020 to be a busy year Offshore.

If you would like more information on the NQ opportunities we have across a number of popular Offshore locations, or just some advice on relocating, don’t hesitate to contact me

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Posted almost 4 years ago
About the author:
Chloe Lam-Moores

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