Undertaking a document review project is not always something that lawyers and other legal professionals consider. However, it can prove to be a very worthwhile and lucrative avenue for anyone looking for a flexible career. In this article our consultant Rachael Monteiro discusses the appeal of document review and gives some tips on how you can capitalise on your experience in order to progress your career.
The City of London has been the backdrop for a number of scandals that have played out in recent years from the fixing of Libor, Forex and precious metals to the miss-selling of interest rate swaps and PPI, to name but a few. Fortunately for the big banks under fire, London is also home to one of the most successful legal markets globally as well with many leading UK, US and international law firms who are able to defend them. As a result experienced document review professionals are always in high demand across the London market.
Why choose document review?
1. A role in document review offers an attractive lifestyle to many legal professionals, including foreign qualified lawyers, and particularly those in the UK on a temporary basis, such as lawyers from Australia, New Zealand and South Africa. These roles allow you the opportunity to work on high profile matters at leading law firms whilst giving you the flexibility to see the sights of Europe in-between projects.
2. These projects very often pay generous hourly rates which increase significantly when doing overtime or undertaking a foreign language review. Rates are typically between £18 - £45 per hour, depending on whether the candidate is qualified or non-qualified. Rates can also be dependent on other factors such as whether it is a language review as well as the calibre of the firm.
3. Document review projects provide a unique insight into the inner workings of the vast institutions that shape the financial and legal market globally. And for those looking for something more permanent, these projects have been known to lead to other opportunities with a firm, such as roles within litigation departments as associates or paralegals, project management and technical support.
4. The qualification requirements for document review are often more flexible than traditional permanent roles within a law firm. We regularly work on projects where the client is not only engaging UK qualified lawyers, but also overseas qualified lawyers or, alternatively, LPC graduates with disclosure experience, depending on the needs of the end client.
5. A document review project can be the perfect opportunity to utilise your language skills. Candidates with foreign languages are always in high demand and, those with ‘harder to find’ languages can very often secure higher hourly rates. At SSQ we have placed candidates into roles which required these additional skills, including but not limited to Italian, French, Arabic, Russian and Thai.