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Hong Kong
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| Background Information |
Hong Kong is the biggest and most important financial centre in Asia and is still the city of choice for most international businesses. Culturally and historically, it has a unique place in Asia.
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It is efficient and well run with a first-class transport system. Everything is within an easy distance and a commute to work is typically a five minute taxi ride. Hong Kong provides a rich diversity of professional and personal opportunities that few other places in the world can match.
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Law Firms & In-House
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Hong Kong is long established as the hub of Asian trade, finance and commerce. It's highly developed financial infrastructure and established common law legal system is a powerful magnet for regional and international corporations. As a result, a large number of major international law firms from the UK, US and Australia have a presence in the city. It is also the Asia Pacific headquarters for a large number of major investment banks and international corporations.
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Private Practice
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There is demand for high quality lawyers in the following areas:
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- Corporate
- Banking, Finance & Capital Markets
- Project Finance
- Securitisation
- Construction
- Energy
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In-House
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Hong Kong is headquarters for a large number of major investment banks and international corporations. Lawyers within these organisations tend to have regionally focused responsibility, resulting in a diverse and interesting workload. Increasingly, the PRC is becoming a focus for companies and Mandarin language skills are in demand. Interest is high for lawyers with the following experience:
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- Structured Finance & Securitisation
- Debt Capital Markets
- Derivatives & Structured Products
- Compliance - both investment banking and funds related
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| Remuneration & Benefits |
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Salaries tend to be generous in Hong Kong, affording lawyers a good level of income and a comfortable lifestyle. Generally, overseas lawyers are offered an all-inclusive salary package which won't contain a separate housing allowance, but is likely to include an economy class flight home each year, a discretionary bonus, full life assurance and private health cover. Tax levels are very low and are capped at 16%.
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| Outside the Office |
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With its renowned work-hard, play-hard spirit, the city is one of phenomenal energy. You may be required to work late, but there will always be plenty to do once you leave the office. The bars are generally full seven days a week and stay open very late. The choice and quality of restaurants, cafés, shops and clubs which are open all hours is equally impressive. There are beautiful beaches and fantastic walking parks in the new territories. Stanley and Repulse Bay provide a haven from the bustle and there are clubs and leisure facilities that provide opportunities for participation in a wide range of sports and activities.
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| If you are interested in working as a Lawyer in the above jurisdiction, please
contact us for a confidential and detailed discussion. |
