Whatever turbulence the financial world may be going through, there has scarcely been a better time to enter the City as a young lawyer. London can match New York as a legal centre and the range and entrepreneurialism of City firms knows no bounds. Like a giant legal equivalent of Willy Wonka’s Chocolate Factory, the City is able to produce lawyers with every type of skill no matter how rare or exotic the specialist knowledge required.
So young lawyers are spoilt for choice – and making their minds up about which specialism to pursue may be jaw-achingly difficult. The straightforward answer is to opt for the standard fields such as corporate finance, banking, financial services or litigation. There is big demand in these areas and