What is Law?
Law is the system of rules that a particular country or community recognises as regulating its members personal and professional lives.
It can span a vast number of areas such as business, crime, politics, the environment, human rights, trade and property.
Lawyers work on some of today’s most interesting and challenging issues, using their knowledge and experience to advise clients and help them navigate and comply with the rules in their relevant area.
A law degree will provide you with range of knowledge, experience, analytical reasoning and attention to detail that you develop that will also make you attractive to other professional avenues.
Law in Financial Services
Jersey’s legal sector is a focal point of the financial services industry, with a range of firms servicing both the international and local markets. The majority of lawyers in Jersey practice corporate and commercial law, working closely alongside lawyers based in other jurisdictions (particularly law firms based in the City of London) and professionals in the banking, funds and trusts sectors. Corporate and commercial law in this context can include areas such as funds, banking, regulatory law, trusts and private wealth generally and litigation of commercial matters.
Although it is a generalisation, the Jersey legal market also tends to be split between lawyers providing services to local people and businesses (including family law, real estate and criminal law) and those lawyers who provide specialist Jersey commercial and corporate law advice in relation to international transactions and clients predominantly derived from outside of Jersey, particularly the City of London.
Whilst the majority of legal positions tend to be in private practice (i.e. law firms who advise clients), the Jersey market also has a number of ‘in house’ lawyers who are employed by a business to provide them with legal expertise. These in-house lawyers can work for a variety of organisations including family offices, banks, administration businesses and investment houses.
What skills do you need?
- The ability to understand complex issues from multiple perspectives to ‘see the bigger picture’
- The ability to construct and defend a persuasive argument or position
- Excellent spoken and written communication, including presenting to others and negotiation
- Self-management, including planning and meeting deadlines
- General research skills
- Interpersonal and teamwork skills
- Analytical and reasoning skills
- Attention to detail
- Resilience and commitment: law is a demanding career
Qualifications to consider
- A relevant university degree (not necessarily in law)
- Relevant practical experience
- Professional accreditations from organisations like the Chartered Institute of Legal Executives (CILEx) and/or a Graduate Diploma in Law course
- Qualification as a Jersey advocate or solicitor through the Jersey Institute of Law and accredited by the Law Society of Jersey or in an equivalent jurisdiction such as Scotland or England
- Legal secretary
- In house / General Counsel roles
Alexander Price Associate, Collas Crill
"I really enjoy living and working in Jersey as a banking and finance lawyer. Being an associate at a leading offshore law firm in Jersey's international finance centre gives me the opportunity to undertake high-quality, high-value work which often spans multiple jurisdictions. I have met some great people and work with clients and colleagues from across the world – no two days are ever the same."