Fintech regulations drive demand for compliance, litigation lawyers

Companies are looking for lawyers who possess legal tech proficiency and process optimization skills.

The rise of fintech regulations and the emergence of new firms have significantly increased the demand for compliance, litigation, and product lawyers, according to Randstad.

In its job outlook report, Randstad noted companies are actively seeking legal experts who can help them navigate evolving employment laws and complex regulatory changes across the region.

It also emphasized a growing preference for candidates with prior in-house experience, as these professionals are better equipped to seamlessly integrate into corporate environments and manage cross-border legal issues.

In addition, companies are looking for lawyers who possess legal tech proficiency and process optimization skills, especially in the commercial sector, to streamline compliance processes and manage ethical data responsibilities.

Legal professionals are also now enhancing their technological competencies and obtaining data privacy qualifications to stay competitive and meet the demands of regulatory shifts in the Asia Pacific region.

Meanwhile, the firm said roles related to compliance, including anti-money laundering (AML), financial crime prevention, and regulatory compliance, remain critical for businesses looking to expand in Asia.

Looking ahead to 2025, Randstad stated companies are expected to continue hiring in-house legal professionals, with a focus on agility, risk management, and cross-border compliance capabilities.