International law firms in Singapore typically seek junior to mid-level lawyers from 3 to 6 pqe. Areas of demand are banking and finance, corporate finance, project finance and general corporate matters. Clients prefer candidates with good academic and strong transactional experience with top magic circle or top US law firms experience. The international law firms in Singapore are generally smaller than those in Hong Kong and are limited to off-shore law, and as a result, need experienced candidates. The local law firms are very active desire foreign lawyers to join their specialist teams in banking and finance and corporate finance teams. The market is very good for in-house roles in banking especially for candidates experienced with derivatives, private banking and asset management. Additionally, the IT/Telco sector has also been quite active. The FMGC industry is on the rise.