What does it mean when they say a bank has a good legal team for h1b visa sponsorship.
For example, let's say a Canadian is applying for a job at a US office. Evercore will be the bank for this example. I understand they give a fair amount of sponsorships to analysts from places like Canada. I always hear the saying, "they have a good legal team". I get that sponsorships are a legal matter and more costly than hiring domestically, but why does it sound like a legal battle. Is it? Like you have to have a good legal team to get h1b visa approved for your company, as if it requires a literal legal battle that you can possibly lose.
Based on the most helpful WSO content, here's what you need to know about having a good legal team for H1B visa sponsorship:
Complexity of the Process: The H1B visa application process is intricate and involves numerous legal requirements and documentation. A good legal team ensures that all paperwork is correctly filled out, deadlines are met, and all necessary evidence is provided to support the application.
Navigating Legal Challenges: While it may not be a literal legal battle, the process can involve overcoming various legal hurdles. This includes responding to Requests for Evidence (RFEs) from USCIS, ensuring compliance with immigration laws, and addressing any issues that may arise during the application process.
Cost and Efficiency: Sponsoring an H1B visa is costly and time-consuming. A proficient legal team can streamline the process, reducing the risk of errors that could lead to denials or delays. This efficiency can save the company money and increase the chances of a successful application.
Handling Oversubscription: The H1B visa is based on a lottery system, and applications are often oversubscribed. A good legal team can help ensure that the application is as strong as possible, increasing the likelihood of being selected in the lottery.
Experience with Specific Cases: Firms like Evercore that frequently sponsor international candidates, including Canadians, benefit from legal teams experienced in handling such cases. This experience can be crucial in navigating the specific nuances of each application.
In summary, having a good legal team is essential for managing the complexities and legal challenges of the H1B visa sponsorship process, ensuring compliance, and increasing the chances of a successful outcome.
Sources: JPMorgan 2021 SA H1B Sponsorship, Is my American Dream Over?, My Advice for International Students in the US (F-1 Visa, OPT, CPT, H-1B), IBD Barriers to Entry For Canadians and How to Overcome Them, International Students - Sponsoring Banks SA 2021 Cycle
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