Origin Legal

Introduction

Living and working in Jersey

Living and working in Jersey

Living and working in Jersey

 

With taxes on the mainland showing no sign of falling any time soon and little real shift in the work-life balance at your average City law firm, it is hardly surprising that so many lawyers are tempted to look offshore. Jersey offers a mix of international calibre work, a commute measured in minutes not hours and the chance to dramatically reduce your tax bill, but is it for you?

  1. Are my skills in demand? Generalising, good associates with experience in any aspect of corporate, banking, finance, funds, trusts, insolvency or litigation are sought after. Experience of at least a year or two in a good commercial firm (not necessarily City) is usually required but NQ jobs do come up.
  2. Too much tranquillity? At 45m2 and with a population of 90,000, Jersey is a world apart from any mainland city. If your social life revolves around the great outdoors and you enjoy sports and coastal living, perfect, but if art galleries or opera are your passion, remember this is not London.
  3. Accessibility – Jersey is the most accessible offshore market for UK lawyers, being less than an hour from London and with flights direct to cities across the country. You don’t get a Caribbean climate but you can nip home for a weekend without too much trouble.
  4. Professionally challenging – Jersey law is based on, but separate from, English law. You will pick it up soon enough but be prepared for a learning curve taking in both the technical and cultural nuances of practicing in a new jurisdiction.
  5. Different demands – Advising on Jersey specifics you will find that the part you play in any one matter is reduced whilst the volume of matters you’re involved in rises. Great for avoiding the heavy documents that keep you up all night but be prepared to step back from the spotlight.
  6. Different rewards - Whilst sacrificing control of cross-border matters you will work frequently with onshore law firms and financial institutions who instruct you personally, enabling you not only to build your personal contacts but also to develop your client facing skills and expertise.
  7. Re-qualification – Don’t worry about this now – you need to practice on the island for two years before you can sit the exams at which point the firms will provide all of the support required. Litigators should note that you are not able to stand in court in Jersey until locally qualified.
  8. Career dead end? No. Good offshore firms are recognised globally and will be viewed positively by most onshore firms should you decide to return. Equally, many offshore firms now have multiple offices around the world and advancement to Partnership is a realistic prospect.
  9. Do I need a work permit? If you are an EU citizen or a Commonwealth lawyer with ancestry visa in the UK no work permit is required. You will be subject to the housing regulations however. A ‘J-Cat’ gives access to part of the local market housing, handy if you want to buy property.
  10. Money – 20% flat rate income tax with higher thresholds than in the UK, national insurance at half mainland rates and no VAT or council tax. Whilst gross salaries sit below Magic Circle rates (more in line with mid-City), net income will be highly competitive.

If you have any questions or would like to receive a copy of our comprehensive Guide to Living and Working in the Channel Islands please contact: [email protected]

How to ace your CV and Coverletter

By Taylor Day | March 19, 2021 | 0 Comments
How to ace your CV and Cover letter Acing your CV and cover letter is one of the most important parts of the recruitment process, they are how you make your first impression to your potential future boss. We thought…

The time is right, plan your next move.

By Taylor Day | March 1, 2021 | 0 Comments
The time is right, plan your next move. So here we are a year into the Covid 19 pandemic. If we had known at the start that we would have to endure such challenging restrictions and trading turbulence for over…

2021 REGIONAL MARKET FOR NEWLY QUALIFIED SOLICITORS

By Jason Nottage | February 2, 2021 | 0 Comments
2021 NQ Recruitment – opportunity If you are a trainee solicitor qualifying in 2021 this is a valuable guide providing information on the current legal market, qualifying as a solicitor, practicing offshore, the recruitment process and more. This guide offers…

Lockdown 1,000

By Taylor Day | November 12, 2020 | 0 Comments
Lockdown 1,000 Following the cancellation of the Copford teams, Essex Way 82 mile walk, due to Covid, the team have hatched a new plan. During Lockdown over the next 28 days, Jason Nottage along with a few friends will be…

Overview of Recruitment for Planning & Environment Lawyers Autumn 2020

By Stuart Phillips | October 20, 2020 | 0 Comments
Overview of Recruitment for Planning & Environment Lawyers Autumn 2020 Despite fears of a pandemic induced recession, the Planning Law sector has been relatively resilient throughout 2020.  The volume of vacancies dropped off understandably during March, April, and May as…

0 comments on “Living and working in Jersey

Leave a Reply

Your email address will not be published. Required fields are marked *