“I am four years’ PQE (magic circle) and have been considering a move offshore for lifestyle reasons. I am concerned that the current financial crisis could have serious negative repercussions for the offshore financial services industry going forward (particularly if Obama wins the US election) given recent attempts to shift the blame from the banks and their regulators to the offshore jurisdictions themselves. Would going offshore be a wise career move in the current climate? I would be particularly interested in the views of those onshore who frequently deal with the offshore jurisdictions and those offshore who may be concerned about the future.”
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