I’m due to qualify in August 2023 and so have started considering which practice group I want to join at my firm. I have enjoyed both banking and corporate, but I’m worried that these might be bad choices given the current economic climate. Interested in knowing whether people have considered anything similar either recently or perhaps back in ‘08/09. Am I overthinking?

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During 08/09, there were layoffs in banking but regulatory and legal needs increased bc of the new regulations. So there was some job security there unless the line of business you supported folded or was spun out. I wouldn't be too short sighted here because the economy inevitably goes through cycles.

I worked at a few financial companies including banks both in the US and British Isles. Feel free to DM me or post here if you have any Qs.

You can do the corporate insolvency side of banking... Quite a few finance lawyers will position themselves be able to service client needs in both a growing and contracting economy.

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