| USA - New York |
| Background Information |
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New York is a densely packed mass of humanity - 7.5million people in 309 sq miles. No other city is arrogant enough to dub itself Capital of the World and no other city could carry it off. As one of the world's most exciting and vibrant cities, it is so much part of the global subconscious that many of its highlights are instantly recognisable; from the Empire State Building to the tranquillity of Central Park and the hub of Times Square.
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| Law Firms |
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All of the major regional US firms will have some size of office here in addition to the internationally renowned “white shoe” Wall Street firms which are at the forefront of cutting-edge deals. Indeed several major UK international firms are also based in New York, although the New York legal market is rightly seen as one of the hardest markets to break in the world.
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| Principal Areas of Demand |
| The demand for non-US qualified lawyers in New York is essentially market driven and caused by a lack of supply of home grown lawyers with relevant experience in what is seen as the more international areas of law.
In particular: |
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| Remuneration & Benefits |
| Salaries tend to be the highest in the world as a general rule, with the Wall Street law firms leading the marketplace. Newly Qualified lawyers can earn between $140,000 to $150,000 plus an often substantial bonus (which will tend to be uniform across all firms). Ex-pat packages in New York are rare unless a firm has asked you to relocate, but in any event the packages are such that good accommodation is easily affordable. |
| Outside the Office |
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New Yorkers are known to have a strong work ethic, but with most lawyers living a stone's throw from their office there still appears to be plenty of time to party. There is so much to do and see in New York that it would be hard to say that someone had done everything there is to do. Leaving aside the major sites, it is host to a leading ballet and, opera, to Broadway, and thousands of bars and restaurants on the doorstep (without even venturing on the fringe).
New York is also ideally placed for a weekend at the beach or a weekend skiing. |
| Cost of Living |
| Accommodation in New York has historically been very expensive through with the salaries on offer it is easily affordable. Rent for a one bed apartment in Manhattan is currently between $1,500 and $2,500 per month. |
| If you are interested in working as a Lawyer in the above jurisdiction, please contact us for a confidential and detailed discussion. |