Why a law graduate should consider a career as a Company Secretary
The legal industry is flooded with bright graduates with a Law degree under their belt that are looking for alternative careers to consider other than the traditional solicitor or barrister option.
What many may be unaware of is that you can transfer skills learnt in modules such as Company Law and specialise into a unique hybrid role consisting of Law, finance and management with potential for rapid progression opportunities. With a broad exposure across a company in both technical and advisory capacities, with an ability at a higher level to specialise, you can be assured that the Company Secretarial profession provides both a varied remit and can be incredibly rewarding in practice.
Although a Law degree isn’t explicitly required, Law graduates are incredibly sought after, especially in the most regulated industries such as professional and financial services where a Law degree will help you with a running start.
The role consists of wide ranging responsibilities. From supporting the board of directors with meeting agendas, minute taking and arranging the Annual General Meeting, to share capital announcements within listed companies, Companies House filings and advising on matters of regulatory compliance and corporate governance.
In your first year, trainee company secretarial roles start at approximately £25,000; much more than an entry level paralegal role, which many prospective solicitors will start out in – this may be as low as £14,000 a year in comparison. From here, salaries quickly increase with added responsibilities. The top Company Secretary salaries are in excess of £200,000.
Required skills and experience?
There aren’t any hard and fast requirements at the trainee level. You will be required to take a post-graduate qualification with the Institute of Chartered Secretaries and Administrators (ICSA), this may help achieve a trainee role to begin with but is by no means required. Experience as a Personal Assistant or in Admin can be directly applicable. But transferable skills of attention to detail, commercial awareness, autonomy and good communicative ability, both written and spoken are the true essentials needed to succeed in this career.
To find out more, I would encourage a confidential chat with any member of our team on 02035890333, or send us an email at Team@Core-Partnership.co.uk and we’ll be happy to answer any questions you may have.
Best of luck with the job search and the future,