For New Zealand and Australian-qualified lawyers currently working overseas, there has never been a better time to consider returning home. The legal market across both countries is experiencing strong demand, particularly in corporate law, and economic conditions are improving. With interest rates in New Zealand coming down, a positive economic outlook, and increased flexibility from law firms, returning lawyers will find abundant opportunities and competitive remuneration packages waiting for them.
Strong Demand for Corporate Lawyers
One of the most compelling reasons to return now is the strong demand for corporate lawyers in both Australia and New Zealand. Firms across the board continue to report a shortage of experienced lawyers, particularly in M&A, banking and finance, and regulatory sectors. Those with five or more years of post-qualification experience (PQE) are in an especially strong position, with firms eager to attract top talent. This shortage means returning lawyers are likely to secure competitive salaries and favourable working conditions. The demand for these skills within the inhouse and Government sector is also seeing a rise, creating a stimulant in the jobs market
Positive Market Feedback and Salary Increases
The February 2025 annual reviews from New Zealand law firms have largely been positive, with many lawyers receiving pay increases. This reflects the improving economic conditions and firms’ willingness to reward and retain talent. Australian firms are also adjusting salaries to remain competitive, ensuring returning lawyers will be well compensated.
Economic Recovery and Lower Interest Rates
New Zealand is seeing a turnaround in economic sentiment, with interest rates coming down, boosting confidence in both the legal and broader business sectors. The property market is also seeing increased activity, with many new-build projects underway, adding further momentum to commercial and real estate law practices. Similarly, Australia’s legal sector continues to benefit from strong economic fundamentals, making it an ideal time for overseas-qualified lawyers to reintegrate into the market.
Flexible Working Arrangements
Another key trend making the move home more appealing is the increased flexibility offered by law firms, particularly for experienced lawyers. Many firms are allowing a hybrid working model, giving lawyers with six or more years of experience greater flexibility in choosing when and where they work. This shift acknowledges the importance of work-life balance, which has become a key consideration for legal professionals worldwide. This is also another major attraction strategy firms are using to entice talent their way – particularly being used by the boutique firms who might lack some of the hard benefits of the Top Tiers.
Sector-Specific Opportunities for Overseas Lawyers
For lawyers qualified overseas, opportunities exist across a range of sectors:
Corporate and M&A: High demand continues in corporate law, with firms keen to secure experienced practitioners.
Banking & Finance: The resurgence of deal activity and regulatory shifts are creating a need for specialists in this space.
Construction & Infrastructure: With an increase in new-build developments in New Zealand and major projects in Australia, demand for lawyers with experience in construction and infrastructure law is strong.
Litigation & Dispute Resolution: The evolving regulatory landscape means firms are looking for experienced litigators and dispute resolution specialists. Civil and commercial needs.
Employment Law: Legislative changes in New Zealand and workplace reforms in Australia are driving demand for employment lawyers to navigate evolving regulations.
Insurance Law: Steady demand for insurance lawyers in New Zealand and Australia continues, driven by regulatory changes and increased claims activity.
Public Law: Growing regulatory changes and government initiatives in New Zealand and Australia are driving demand for public law specialists.
Now is the Time to Make Your Move
For NZ and Australian-qualified lawyers currently overseas, the combination of an improving economic climate, salary increases, continued demand for legal talent, and greater workplace flexibility makes this the perfect time to return home. Whether you’re looking for career progression, better work-life balance, or a chance to reconnect with family and friends, the current market conditions ensure you’ll be well-positioned to secure a rewarding role.
If you’ve been contemplating a return to New Zealand or Australia, now is the time to take the next step in your career. With a thriving legal sector and firms eager to hire, the opportunities are yours for the taking.
Why Work with Tyler Wren?
Vikki cox is based in the UK, recruiting internationally for Tyler Wren, while my team operates on the ground in both Australia and New Zealand. This means we have local insights and direct connections to ensure you secure the best possible opportunity before you return home. We provide full support throughout the process, including negotiating relocation packages, sign-on bonuses, and other benefits to make your transition as smooth as possible. Whether you’re looking for a role that aligns with your career goals or need guidance on market trends, we’re here to help every step of the way.
Ready to make your move? Contact Tyler Wren today and take the first step toward living the dream as a Lawyer in New Zealand and Australia.
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