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During the
past two decades, an array of market forces have vastly altered the
business climate both domestically and abroad. Advances in technology, the
emergence of new markets, the merging and acquisition of both corporations
and financial institutions, the retrenching of law firms, the introduction
of new financial instruments, and the |
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subsequent increase in state and
federal regulations governing these and other new products mean that law
firms, corporations, and financial institutions are now productively
seeking to develop strong compliance departments to help guide their
operations and protect them from liability.
In the 1980's when government pressure on financial services firms
resulted in the demand for more sophisticated and specialized
professionals to oversee and staff compliance departments, Robert Hadley
Associates created its Legal and Compliance Recruitment division to
respond to these changes in the marketplace.
Within this division, a team of account executives are dedicated
specifically to recruiting attorneys and compliance professionals for
financial institutions that deal with new products in areas such as
derivatives, capital markets, and fixed income.
With the emergence of new products and markets, come new regulations that
affect them, creating the demand for more highly educated and specialized
compliance personnel to manage and interpret the regulations. As many
compliance departments are merging with legal departments an increasing
number of compliance officers have legal backgrounds, and they are
required to go through the same testing procedures and meet the same
qualifications as the professionals they supervise - from brokers and
options traders to in-house legal teams.
In other companies, compliance departments have been brought closer to the
business activity and have become an integral part of the business unit it
serves.
Whether a client's need is for a director of compliance department for a
financial institution, a team of attorneys for a corporate legal
department, or a paralegal to administer and direct the flow of new cases
in a law firm, Robert Hadley has the resources to build a string base of
quality legal and compliance professional talent to support their business
interests and ensure the success of their organizations. |
