Banking and finance lawyers are those who specialize in advising banks and other financial institutions on how to lend and borrow money. They work closely with clients to structure transactions and protect their interests. Their role is varied, but they must have sound knowledge of the banking and finance industry. Their experience should include dealing with the COVID-19 crisis and the push for digitization in the financial sector. There are various types of banking and finance lawyers, but the following list covers some of the most common types.
Banking and finance lawyer
Most people believe that to become a banking and finance lawyer, they need to be highly quantitative. While this is true, a career in banking and finance is never out of fashion. They can work on a range of topics, including capital transactions, loan agreements, debt structuring, and recovery litigation. As a result, they may find it difficult to strike a work-life balance. In addition, their hours are often long, with the typical working week is eight hours long.
Deals and complex restructurings
As a banking and finance lawyer, you will have the opportunity to work on a wide variety of projects, including major deals and complex restructurings. However, you’ll probably be working with others in the beginning and may be expected to take on smaller transactions while you’re still learning the ropes. As you progress through the ranks, you’ll be working under the supervision of more senior lawyers. The goal is to get the job done quickly and efficiently, while retaining a good work-life balance