The annual ranking of British law firms highlights the introduction in Jersey this year of the Protected Cell Company legislation and amendments to the Trust Law, the changing market towards expert funds and the Island’s government support for the finance industry.
In terms of reputation, says the publication, Jersey now boasts four international firms, four ‘good quality’ Island firms and ‘a clutch of small, effective niche operators’.
Comments overall show why the Island’s legal providers are so highly regarded, with each firm and individual lawyers highly commended in specific categories.
Guernsey firms, however, fare less well overall, with some lawyers found to be ‘rather provincial’ and ‘lacking in international commercial experience’.
