Banking is a legal service offering often limited to the larger commercial law firms although there are a small number of mid-tier commercial law firms who also offer this specialism as part of their legal services although they represent the exception rather than the rule here.
Banking tends to involve both non-contentious and contentious areas which are typically split into separate departments. Non-contentious banking typically involves solicitors advising corporate borrowers and banks on real estate/property, acquisition and asset financing matters. Contentious banking is usually quite niche and will sometimes be part of a law firm’s commercial litigation offering.
Aside from the traditional private practice fee earning career paths from Solicitor to Associate and upwards, we have also recruited PSL roles within Banking and have seen a number of In-House opportunities to further add to an increasingly diverse range of career options for today’s banking solicitor, an area historically perceived as a particularly niche area. Banking roles can often include the opportunity to go on secondment to financial institutions which tend to prove extremely popular, particularly for those thinking about making a move In-House down the line.
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