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Most of us in the compliance and legal businesses
are treading water. Some of us are downright scared in light of the Bear
Stearns takeover. Some of us will lose our jobs; where you sit may well
dictate how safe you feel.
The compliance and legal sectors are stable, if not robust, in select areas
of practice. Business groups such as litigation, bankruptcy and
restructuring, risk management and equity trading compliance, for example,
are showing strength. Know Your Customer (KYC) and other rules governing
investments such as Anti-Money Laundering (AML) show no sign of waning.
Some areas, such as registration, are experiencing downsizing in the face
of increased outsourcing.
In the compliance arena, efforts to manage risk, to evaluate debt exposure
and to ensure compliance in an ever-changing regulatory climate, will
continue to present challenges at the local, federal and global level. As
always, however, the integrity with which businesses are run matters.
Preparing for Change
With increasingly complex regulations affecting compliance and legal, rules
such as net capital requirements need to be closely monitored for the
changes they may impose. As new regulations pass (and many will),
additional personnel will be required to implement and to monitor
compliance.
Rather quietly, law firms are “rightsizing” in some practice areas such as
real estate, corporate and especially structured finance, which has been
acutely affected by the credit crunch. Hiring in some practice groups has
slowed. However, the law follows the market and therefore, hiring practices
remain stable overall, even if a bit sluggish for today.
Legend's recruiters are keeping abreast of the changes that affect you. We
have a unique perspective on hiring trends in the legal and compliance
arenas - we are on the front line every day.
Please call Legend at 212-293-8920 to discuss your career concerns and
goals.
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Online career portals such as Monster and
Careerbuilder have revolutionized job seeking and the hiring process by
providing unprecedented access to employment resources. Job boards have
enabled job seekers and hiring professionals to link up, 24/7. If used
correctly, you can get noticed - but we advise caution so as to safeguard
your personal information.
Posting Your Resume Online
Savvy job seekers who post resumes to searchable online databases should
post their resume confidentially. Keep personal information such as name,
street address, telephone number, e-mail address and salary off your
resume. If you post personal information, your current employer may see
your resume online. Moreover, posting personal information makes you an
easy mark to receive junk mail and spam. Although most databases give you
the option of posting confidentially, the only sure-fire way to protect
your identity when searching for a new job is to use a recruiter. Your
Legend recruiter can ensure that your resume does not go to your current
employer and that it is not being blindly broadcast into cyberspace.
Formatting Your Resume
When uploading your resume to job boards, minimize or eliminate graphics
and other formatting to ensure the integrity of your resume online. Your
resume should be easy on the eyes as well as highly readable. Attach your
resume when possible, instead of cutting and pasting, using Microsoft Word,
as it is highly compatible with most resume databases. No matter how you
choose to post your resume, view it after uploading to ensure that it looks
the way you expect.
Applying to Jobs
When submitting your resume to job postings, choose one or two positions
that you feel you are most qualified for. Avoid applying to every suitable
position that each recruiter at a staffing company may post. Trust that
your recruiter will consider you for all suitable positions.
The Recruiter Advantage
When searching the job boards, don’t limit your search results to
direct-employers only. Many direct employers hire staffing companies to
conduct searches on their behalf and are therefore not advertising on their
own. Our clients and hiring authorities recognize that when Legend submits
a resume, the candidate has been pre-screened and interviewed for the
specific position. Additionally, Legend recruiters have direct access to
decision makers and can get your resume in front of them rather than having
your resume go into a mass corporate database, potentially to be lost
forever...
Paying attention to these best practices can help maximize your job seeking
potential. Job boards and resume databases are here to stay. It is up to
you to use them wisely. We invite you to view current job postings at www.legalcareers.com and www.complianceHQ.com. To begin your confidential job
search, please contact Legend at 212-293-8920.
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