In Corporate Services, the market has seen an increase in the need for corporate services specialists such as Corporate Administrators. This has led to an increase in salaries across the market. In the first half of 2021, there has been a high demand for candidates with this background.
The Legal market has not seen significant changes in the first half of 2021. Within most industries, the need for lawyers is still there and companies are continuing to hire. With recent developments in Malta regarding the reviews of Moneyval and FATF, the need for lawyers with AML knowledge has increased. Companies are now more than ever searching for lawyers with AML and Compliance knowledge. This is especially occurring within regulated industries such as iGaming, Corporate Services and Financial Services.
The most sought after skills are both hard and soft skills, however, hard skills have proven to be more sought after. During the Covid-19 pandemic, many candidates are searching for opportunities where they can work remotely or the option of a hybrid model where they can work in the office two or three times a week.