Banking & Finance Associate Moves to Top-Tier Firm in Melbourne with $10,000 Signing Bonus

Candidate: Banking & Finance Lawyer

Level: 4PQE

Move: International Firm to Top-Tier Firm

Location: Melbourne

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Background

This candidate was referred to our consultant, Stefano Barbagallo, through a network of Australian lawyers in New York. Initially, he had aspirations of moving to the US market, but due to some mitigating factors, they both decided that, it wasn’t a viable option—at least back in February when they first connected.

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The Journey

As time passed, the candidate’s circumstances evolved. In August, he revisited Stefano’s original advice and decided to explore opportunities within the Australian lateral market. With a clear strategy in place, he gave the go-ahead to approach top-tier firms, and soon after, he secured an interview with a top-tier firm in Melbourne.

The first interview went well, but unfortunately, the firm didn’t have the necessary approvals to proceed. Rather than forcing the process, Stefano advised the candidate to put the search on hold while staying in touch.

By October, the landscape had shifted. The same firm was back in the market—and they wanted to speak to this candidate. This time, they had full approval, and the partners were on board. Game on.

He re-interviewed twice more, and the firm came through with a market-leading offer, including a $10,000 signing bonus. The candidate accepted verbally that night and formally signed the contract.

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Outcome

This candidate has now joined a top-tier firm in Melbourne, securing a significant step forward in his career, backed by a strong financial package.

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Recruiter Insight:

"Deals like this take some careful thought, tactical delay and strategy (and the latter is a must). Whether you’re in the Australian market or international, I see the best results from recruiters and candidates who formalise their strategy before working together, and leave enough flexibility for market changes. I always love working with Associates like this – they're going to be our next leaders!" - Stefano Barbagallo, New York Legal Recruiter

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Looking for your next career move?

If you’re considering a move, whether domestic or international, reach out to Stefano for expert guidance and a tailored approach to achieving your career ambitions.  

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