Richard L Hermann

Financial Services Richard L Hermann

Build a legal career in one of the hottest 21st century employment areas! In his 21st Century Legal Career Series, Richard L. Hermann researches, evaluates, and predicts where the employment opportunities are and will be for law graduates. Volume 16, Financial Services: A Wealth of Evolving Opportunities, examines the multitude of career possibilities for law graduates in an industry that employs more than six million people including 100,000+ attorneys. It is a wide-ranging field that also encompasses more than 60 JD-Advantage job titles, positions for which a legal education gives applicants an advantage in the hiring process. Financial services is in constant flux, buffeted by continuous congressional churn, state legislative tweaking, international organization pronouncements, and a virtual tsunami of court and administrative decisions, rules, legal opinions, and enforcement actions by many regulatory and administrative agencies. Anytime you run across a practice area in which change is a constant and populated by multiple players, that is very good news for attorneys. It keeps demand high in addition to offering interesting work that is intellectually challenging and ongoing. Financial Services dissects where these opportunities are and how to position yourself for success. Highlights include: - The history of financial services and its constant evolution - Why financial services is a "hot" practice area - Who hires attorneys and what they do. - JD Advantage job options - How you can best position yourself for a financial services job - Compensation - How to find out about financial services jobs before everyone else - What the future portends for financial services The constant fine-tunings and corrections of financial industry regulations mean a continuous flow of work for lawyers. This has been especially true in the 21st century. Whether regulating or deregulating, the impact on attorney and JD Advantage job creation is the same-very positive. Depending on the definition, the financial services sector constitutes about 20 percent of U. S. Gross Domestic Product (GDP), or one-fifth of the economy. Over time, its percentage share of GDP has steadily increased. Hermann lays the groundwork for law students and attorneys to take advantage of the opportunities in this immense industry.