What impact will the recession in the UK have on the work employment lawyers and banking lawyers do? ?
sairs asked:
Unemployment levels are rising in the UK and the banking system is facing major difficulties. Do you know what this will mean for lawyers who specialise in employment or banking law? Will their workload increase? What kind of challenges will they face? Also, if you know how this will affect US lawyers I would also like to hear from you.
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Unemployment levels are rising in the UK and the banking system is facing major difficulties. Do you know what this will mean for lawyers who specialise in employment or banking law? Will their workload increase? What kind of challenges will they face? Also, if you know how this will affect US lawyers I would also like to hear from you.
October 11th, 2009 at 4:56 am
Job losses in a recession are not likely to be the type of job losses that will involve employment lawyers. If you lose your job during a recession there is not a lot of point taking your employer to court if the company has gone under… I don’t think that a recession sends an more business to employment lawyers, though it may be a good time to be a bailiff.
I wouldn’t know what work banking lawyers get up to, I’ve never come across any. In my opinion, if you have been a lawyer working closely with banks for the last year or so - you should be seeing an employment lawyer soon soundman_jaybee