Law firm Allen and Overy Announces 100 New Jobs
Enterprise, Trade and Investment Minister Arlene Foster has announced that leading law firm Allen & Overy is to create 100 new jobs.
The new jobs will be created over the next five years at the firm’s Belfast office, which is home to a Support Services Centre and Legal Services Centre. The centres were set up in 2011 and currently employ 380 staff providing finance, IT, HR marketing and legal services to the Allen & Overy global network.
Arlene Foster said: “This is the second reinvestment by Allen & Overy in Northern Ireland since it set up here three years ago. Once the positions have been filled, Belfast will be the firm’s second largest office by headcount.
“The new jobs, which will pay above the private sector median, will contribute over £2.7million a year in salaries to the economy and offer excellent employment opportunities for our pool of legal graduates. The company is also investing heavily in world-class training, which will further strengthen the skills base of our important legal services sector.
“Today’s announcement reflects the very positive experience the company has enjoyed in terms of skills availability, cost competitiveness and the success of its Belfast-based Support and Legal Services Centre.”
Invest Northern Ireland has offered over £860,000 of support for the 100 new jobs and associated training.
Allen & Overy is one of the world’s largest international law firms with 44 offices, approximately 5,000 staff and 525 partners worldwide
Jane Townsend, Head of Allen & Overy's Legal Services Centre, said: “The quality of work produced by the Belfast office has impressed the wider Allen & Overy network and contributed significantly to our strategy of making the business more flexible and responsive to the needs of our major clients.
“The way in which we deliver services to our clients continues to rapidly change. The LSC in Belfast has given us a real and tangible competitive advantage and we have won significant mandates as a result.
“This additional resource will ensure we can meet this growing demand and that we remain at the forefront of changes in our market.”