General Counsel jobs in Luxembourg
What Does a General Counsel Job Entail?
The core purpose of the General Counsel job is to advise a specific business on legal matters, to help it get through times of change in a seamless fashion and to protect the firm's integrity, all whilst being commercially aware.
This senior position comes with its fair share of responsibility, as the General Counsel usually has a seat at the decision table alongside other business executives. Whilst the role can vary widely depending on the size of a firm or the nature of its services, most General Counsels will also have to proactively identify any potential legal and risk issues which may arise in the near future.
The Typical General Counsel Job Description in Financial Services
General Counsels in the financial services sector are usually asked to oversee a wide array of duties, which often include compliance, ethics, risk, commerciality, legality and client engagement.
As stated in our article Commerciality and Corporate Responsibility: the Evolution of the General Counsel, the role of General Counsel has emerged - and gained massive popularity since - within the financial services sector during the 2008 financial crisis. Appointing a senior legal practitioner has proven useful to not only increase overall business profitability but also to make a company thrive in the ever-changing regulatory environment and new legal market.
What Are The Duties of a General Counsel in Financial Services?
Whilst the duties of General Counsel jobs in London may change from firm to firm, the typical General Counsel job description will encompass, but are not limited to, the below:
Providing sound and expert legal advice to executives
Putting in place internal governance policies and managing how external factors could impact the business
Anticipating legal issues and estimating their risk
Liaising with external parties on a regular basis (this can include regulators, clients, external counsel, etc.)
Playing an active role in the drafting of legal documents
Keeping abreast of regulatory and legal changes
Conducting due diligence on deals such as mergers and acquisitions
General Counsel Job Search in London
The best way to find General Counsel jobs and legal counsel jobs in London is to look at specialist legal and general counsel recruitment firms which focus on the industry you are interested in. For example, Rutherford is a general counsel recruitment firm that specialises in the financial services sector: for over a decade, we have been working with some of the most renowned firms in the finance world, helping them source some of the best legal talent in the London market.
What Is The Difference Between General Counsel Jobs and Legal Counsel Jobs in London?
General counsel and Legal counsel positions all sit within the same in-house legal team, with General Counsels acting as the Head of the department.
General counsels will often feed directly into the CEO of the business, representing the firm from a legal standpoint, whereas legal counsels will be carrying out the day-to-day legal requirements of the firm.
Why are In-house Counsel Jobs Important?
In-house counsel jobs are important to businesses for a breadth of external and internal matters.
The in-house team are there to represent the firm on external B2B or B2C legal matters. Whilst internally monitoring the functions within the business, ensuring they’re producing legally accurate work.
In-house counsels are also involved with in-house matters or disputes from employees, depending on the severity of the issue, the afflicted employee will speak to HR and General Counsel.
For a better understanding of the state of hiring within the in-house legal sector alongside salaries read our In-house Legal Salary Survey.
What Should You Do Once You Have Found Your Preferred General Counsel Recruitment Firm?
Once you have found general counsel recruitment agencies that are aligned with your career objectives and the industry you would want to work in, the next step would be to identify the right Consultants for your general counsel job search.
Specialist legal recruitment firms will usually have general counsel headhunters who oversee a niche market: they are the ones best suited to present you interesting and attractive in-house counsel jobs: from general counsel jobs in London or in the city where you are based.
Rutherford's General Counsel Recruitment Consultants
If you are actively looking for general counsel jobs or corporate counsel jobs within the financial services industry, then get in touch today with Rutherford's legal recruitment specialists. See below our expert headhunters within the financial services' legal recruitment space.
Even though it is a small country, Luxembourg packs a big punch. One of the world’s highest GDP per capita, according to the IMF, it is the second richest country in the world according to buying power per capita. This can be mostly attributed to its thriving financial services industry.
Luxembourg is a mixing pot of culture, it has a trilingual school system featuring German, French and Luxembourgish. A centre of diplomacy, it’s a founding member of NATO, the EU, the UN, the OECD and Benelux. One of the 4 capitals of the EU, it hosts the Court of Justice of the European Union and is home to Schengen village, where the famous Schengen Agreement was signed.
Luxembourg offers three main forms of public transport: trams, trains and buses. Not only is it quite easy to get around the city with public transport: since March 1st 2020, all modes of transport are free throughout the country. Even better news: this applies to everyone, from residents, cross-border commuters and even tourists.
3 days ago
Fund Attorney - New York
Our ClientOur client is a global fintech platform that provides investment advisory services to wealth management firms, asset managers,...
20 days ago
Paralegal (Qualification Potential)
Our ClientOur client, a global and well-established hedge fund, is looking for a Paralegal to sit within the firm's in-house legal func...
24 days ago
Our clientOur client, a private investment and advisory firm with c.$5 billion AUM, are seeking a Legal Counsel to join their London o...