Lawyers and those working in the field of legal practice in Grand Cayman can balance an exceptional work-life balance that can’t be found elsewhere. Considered one of the world’s largest financial centres, there is a strong demand for lawyers with exceptional legal experience in Corporate and Commercial, Insolvency, Finance, Funds, Litigation and Trust practice. Below, we share some insights into law and legal practice careers in the Cayman Islands.
Educational and Work Requirements for Legal Practice Candidates
To pursue a law career in Grand Cayman, non-Caymanian candidates must currently be a barrister or solicitor in another Commonwealth jurisdiction such as the UK, Australia, Canada or New Zealand. They must also possess at least 3 years of post-qualified experience before being eligible to practice Cayman law.
For a career as a paralegal in Grand Cayman, candidates are required to complete the required post-secondary education in this specialization.
Qualities of Successful Law Candidates
Candidates looking to pursue a career in legal practice in the Cayman Islands should have exceptional experience in a wide range of practices. Financial law specialties such as Funds and Trust, Corporate and Commercial and Insolvency are considered an asset. There is also a market for lawyers and barristers specializing in Property, Family and Employment law. Preference is given to magic/silver circle experienced candidates.
Paralegals and legal secretaries should also possess at 3 years of industry experience, working within financial law disciplines. Candidates should have exceptional communication skills, judgment and decision-making skills as well as an interest in the field of law.
Possible Careers in the Legal Industry
There are a wide-range of career opportunities in Grand Cayman, including the following:
- Corporate Attorney / Senior Attorney
- Executive Legal Secretary
- Funds Attorney
- General Practitioner
- Litigation Attorney
- Real Estate Attorney
Salary and Career Outlook
A lawyer in Grand Cayman can earn an average salary upwards of $150,000 per year, plus health benefits and relocation allowances. Keep in mind, experience, background and area of expertise will play a role in the amount you earn. Many career analysts predict the legal industry will grow by 6 percent over the next 5 to 10 years. The ever-growing financial services industry will inevitably lead to an increase in career opportunities in legal practice. Paralegals and legal secretaries can expect a salary in the $60,000+ range.
Browse the latest legal practice jobs in Grand Cayman and contact the career specialists at SteppingStones for information about starting your legal career in the Cayman Islands.