Walkers is a major player in international law, particularly in investment funds, and we believe this will be beneficial to Bermuda as we continue our drive to attract greater investment management business to our Island.
2. The Bermuda Business Development Agency (BDA), a group on the island that advocates
for and encourages businesses to develop the island, has excitedly revealed recently
international law firm Walkers' decision to open business on the island. This would be the
first international law firm to do so, and, considering Walkers advises businesses, it would
encourage an outgrowth of more business on the island, something the BDA is naturally
interested in.
Walkers plans to make their move later this year, assuming licensing and so forth falls in
line.
"Walkers is a major player in international law, particularly in investment funds, and we
believe this will be beneficial to Bermuda as we continue our drive to attract greater
investment management business to our Island," said BDA CEO Ross Webber. "Notably,
Walkers are referrers of business and they advise hedge funds with regard to choice of
jurisdiction. Walkers being able to offer a Bermuda solution should result in growing the
overall volume of business on the Island."
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3. This will be the tenth office of Walkers, following their locations on the Cayman Islands,
British Virgin Islands, Ireland, London, Jersey, Dubai, Hong Kong, and Singapore. As they are
a leading international finance centre law firm, specializing in corporate and international
finance law, they are a boon of fortune soon to fall in step for the island. They firm
announced they would offer full service operation in their Bermuda outfit, helping clients
with litigation, insolvency, corporate, investment funds, finance, insurance and trusts.
"Our clients have long told us that they would value the expansion of Walkers' service
offering to include Bermuda legal advice," said Walkers partner John Rogers. "As with our
other global offices, we intend to become a major force in the legal services industry in
Bermuda and to grow and develop talent in that jurisdiction."
The BDA naturally encouraged the project every step of the way, hoping to invest their
efforts in a firm which would in turn bring more business into the island.
"As with all of our business concierge clients, we provided advice with regard to the
business climate and method of setting up here," said Webber. "We also provided
introductions to other law firms and service providers.
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4. "Having yet another leading international law firm including Bermuda as part of their
conversation is hugely valuable for our Island from a competitive perspective," he said. "It
raises Bermuda's profile, and we believe it will increase business flow to the jurisdiction."
This article 'Walkers Law Firm is Moving to Bermuda' first appeared on BCG Attorney Search
is widely known to be the most selective recruiting firm in terms of who it represents in the
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