‘As an NQ lawyer, would moving offshore damage my career?’

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By Legal Cheek on

20

Change of scene


In our latest Career Conundrum, a soon-to-be qualified solicitor is looking for a new role overseas but is worried about what impact it might have on their legal career.

“Hi Legal Cheek. I’ve got a question for you career conundrum section which I don’t think you have covered before. So I am nearing qualification at a law firm in London and I am looking for change of scene. While internally the firm has signalled that NQs who want to stay on will be offered a role (it’s not a big cohort), I have been considering a move to BVI [British Virgin Islands] or Bermuda. This wouldn’t be long-term as I’d like to return to England, and possibly London, after a few years.”

“My question comes from things I’ve heard from some lawyers and seen on message boards, that spending time overseas like this can hurt your career when you come back to the UK. I’m not sure I really believe that, but I’d love to hear from others who’ve done it. Thank you and please keep me anonymous.”

If you have a career conundrum, email us at tips@legalcheek.com.

20 Comments

Kirkland NQ

Don’t do it. There are no good roads in those places and your Lambo will be chipped and damaged. Wait till you’re a partner and have yacht money.

Go with the flow

It really depends on what practice area you’re in but generally, it’s better to move after a few years. However, life is too short so if you want the offshore lifestyle for a couple of years, go for it

Perspective

A friend of mine did this when he was about 40 and working at a so-so smallish regional firm, not earning a huge amount, his career having taken a few twists and turns that were no reflection on him and his work. Worked in Cayman and Bermuda for about 4 years. On the basis of experience gained he landed an excellent job in a much better firm when he got back, and was later made partner. Quality will out.

I wouldn’t do it as a NQ, I’d stay a year at least and then do it.

Offshore lawyer

I made the move offshore. I make much more money and my hours are a lot better than my friends in London.

You could make the same money at a US or MC firm but why do that when the lifestyle is so much better offshore?

Offshore Senior

Do it! life is short – go get your money.

The truth is that 99.9% of the population doesn’t care. A lawyer is a lawyer. Only snobby and bitter lawyers living in places like London still riding the “prestige” myth and paying 60% tax will judge a move like this. But at the end of a day we’re all just sat behind a computer typing words on a screen. So why not do that in a location you enjoy.

But if you’re concerned about development and quality of work in BVI, consider UAE as a much better alternative instead.

Ken

I am a legal recruiter and recruit for the offshore jurisdictions, having previously worked in the BVI as a lawyer before I moved into recruitment.

First of all, you’re not going to be going to Bermuda as an NQ – you need to be at least 3PQE so unfortunately that jurisdiction is out for you.

With BVI I would say you should only go there as an NQ if you are qualifying into disputes. You’d get great experience far above and beyond what you’re likely to get in just about any disputes team in London and it will absolutely stand out on your CV in a few years’ time if you decide to return onshore. For anything other than disputes, you want to have at least 1, possibly 2 years of onshore (or Channel Islands) experience to give you that standard base of knowledge and practice before you go to BVI unless you don’t have any plans to return onshore.

There is of course the possibility of making a return to one of the offshore firms’ London offices or going further afield to Hong Kong, Singapore etc. once you’ve got that BVI experience under your belt, so you may not need to return to an onshore firm.

If you’re wanting to qualify into another practice area, you’d probably be better looking at the Channel Islands (although the salaries there have not kept pace with the big London firms – even with the lower 20% income tax). Work/life balance in all the jurisdictions is going to be better than London though, without a doubt.

Little goblin of law

How about 4-5 PQE, looking at BVI as potential long term. In Corporate, so M&A stuff. What’s your view on that move?

Ken Okumura

If you’ve got good onshore experience under your belt then absolutely – nothing stopping you doing that kind of move. I moved to BVI at 4PQEish after working at a MC firm and didn’t have much difficulty in moving back to London after 3 years in BVI. I ended up being hired by SJ Berwin, but had interest from a few other firms as well and I think I only used two recruiters to look back in London so it wasn’t a particularly strong effort on my part to cover the whole market.

At 4-5PQE though you could also look at Cayman. It depends what you want out of the move. Cayman has more creature comforts and pays better with 0% income tax, but BVI is a much more genuine Caribbean experience – it’s an archipelago consisting of lush undulating islands and you get to see other islands when you’re driving into work, but in Cayman the only things you see out to sea are cruise ships as it’s even far from the other Cayman Islands. Grand Cayman is also pretty much flat!

He's Just Ken

Why did you leave? Is it because everywhere else you’d be a ten?

Onshore

At NQ you are more jurisdiction-restricted (e.g. Bermuda requires 3 PQE to grant work permits), so actually research carefully where you would be eligible to work. The type/pace of work will be different which may or may not act against you in future, but honestly, if you’re at a good firm and get good experience, there are unlikely to be any significantly negative career implications.

Tax dodger

Agree with this and to add, for some it acts as a shop window for a move to City firms – worked offshore and know plenty of juniors who moved to US/MC firms after a few years in the offshore world.

The practice areas also tend to be broader than City firms, which means you get exposure to a variety of matters, albeit less in the detail and not leading the transaction – the latter is probably the steepest learning curve when moving back from the offshore!

No, no, no

As a NQ it is a terrible idea. NQ’s can’t get work permits in the decent jurisdictions. They will maybe get a paralegal permit, and then be paid paralegal rates and nothing better on the CV afterwards.

Ken

This is not accurate.

Bermuda and Cayman, yes… you need 3PQE to be admitted so you can’t move there.

BVI you can move as an NQ (I’ve got two NQs starting in disputes this summer). They are moving as associates, as they should be. In fact in BVI there’s very little interest in hiring paralegals for disputes because they can’t recover costs through the court for people who aren’t admitted in the BVI.

In Jersey and Guernsey NQs can (if they need them) get work permits. They might not be able to get housing licenses in all cases (meaning they would have a narrower selection of places to live) – but that doesn’t stop them being an associate

Two cents

Bad idea to go offshore generally. You’ll be a post box and you should only go there if you have no ambitions and have hit a roadblock in your career here.

If you want a change, try the UAE, Hong Kong or Singapore. Way better than offshore jurisdictions.

Cicero Lite

If post boxes get paid $250k base plus bonus (tax free) a post box sounds ideal.

Also worth considering from a health perspective. Ever compared a LDN/NY lawyer profile picture with the lawyer themself? Scary. Not much hairline left!

Tax Dodger

Would you prefer to retire at 50 or 68?

Why pay the leftists to blow your hard earned money?

Exactly, $1 income offshore, tax free = £1.50 pre-tax income in the UK for highest rate earners.

2pqe

What are the big offshore firms? I don’t think any on the US/MC/SC firms have offices offshore.

What are the salaries like?

offshore

5 main ones would be Ogier, Mourant and Carey Olsen (Channel Islands-based but in the Caribbean), and Walkers and Maples (Caribbean-based but (especially Walkers) in the Channel Islands too.

I think there’s a big variation across jurisdictions in terms of which firm is the best choice. Also the cultural differences you get anywhere.

NQ in CIs is mid-70s which doesn’t sound amazing but probably equivalent to c.90k in London. What you don’t get is the bunching that’s common in London – pay rises are on average about 8-12k per year.

By 7/8Q at a top firm c.150k is realistic which is equivalent to c.200k in London.

Pete

While this perspective may not be widely appreciated, I BELIEVE IT IS IMPORTANT to share honesty about offshore legal work. As someone working offshore, I can say it’s not suited for everyone. If you’re highly intelligent, ambitious, and enjoy complex legal challenges, offshore roles typically don’t offer the mental engagement you might expect. I have my reasons I am working offshore and have accepted what I have signed up for with the skill set I have.

Many recruiters and others talk about the quality of offshore work, but in reality, offshore lawyers mainly serve as support staff for onshore lawyers. EVERYONE IN PRACTICE KNOWS THIS (ESPECIALLY HIRING PARTNERS WHO WORK WITH OFFSHORE LAWYERS)- I DON’T KNOW WHY PEOPLE PRETEND OTHERWISE. There’s often little opportunity to work on complex matters.

If you are about to qualify into a top London city firm and have high career aspirations, working offshore as an NQ will be a career setback. Such roles may give the impression that you had limited prospects when trying to return onshore, unless there’s an exceptional surge in hiring like in 2021/2022.

Don’t be misled by recruiters, many are simply trying to earn commissions to the detriment of their candidates, and standards for offshore placements can be lower, making placements easier but not necessarily beneficial to the solicitor long-term. I’ve worked with many recruiters over my career and MOST ARE NOT GOOD. A few gems are out there, but most are just average middlemen.

Most offshore lawyers are also quite protectionist and easily threatened, often unable to compete at the highest levels.

If you’re not too bright, get overwhelmed quickly with the fast pace of practice in London and are comfortable with a more basic lifestyle, offshore can be a financially rewarding option with less work. However, if things go wrong in the future, your options will be limited, and your experience may not translate well onshore, especially if you went offshore as an NQ.

Ultimately, if you are not being offered an NQ position at your firm or are considering offshore because you are at a regional or high street firm, it might be the best available option. But for those with genuine high-level career ambitions, it is worth considering other paths.

Hope this helps.

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