Cayman Islands: Walkers – Most Ranked Practices In Offshore (Chambers Global)
Last Updated: 22 February 2019

Walkers' practice groups have received the highest number of rankings for an offshore law firm in this year's Chambers and Partners Global Guide 2019.

Walkers is one of three international law firms ranked in the highest tier (Band 1) for offshore law with a total of 21 practice groups ranked for legal excellence.

"Applauded for its depth of expertise in offshore transactional work... The firm's transactional expertise is increasingly matched by its prowess in dispute resolution, with restructuring and insolvency mandates a  particular forte. Over the last decade Walkers has greatly expanded its range of product jurisdictions, opening in the Republic of Ireland, Jersey, Guernsey and Bermuda. These newer offices are increasingly well regarded across the full spectrum of transactional and contentious matters."

Walkers Bermuda* has, for the first time since inception, made it into the Chambers and Partners ranks with its Finance, Corporate & Funds and Insolvency & Dispute Resolution practices entering the rankings in Band 3. The Finance & Corporate practice, led by ranked partners Jonathan Betts (Band 2) and Natalie Neto (Band 3) is the first new entry for three years. In Bermuda, Walkers works in exclusive association with Kevin Taylor, trading as 'Walkers Bermuda', a full service commercial law firm providing advice on all aspects of Bermuda law.

"The Bermuda team is increasingly entrusted with large, complex transactions and is well equipped to advise on matters such as capital markets transactions, asset financing and fund finance."

"One client commented: "The team are dedicated to delivering proactive, technical and commercial legal excellence and are thoroughly trusted in acting as advocates or more general legal advisers."

In the British Virgin Islands, Walkers' Insolvency & Dispute Resolution practice, led by partners Oliver Clifton and Rosalind Nicholson maintained their Band 1 rating:

"Pre-eminent team, adept at assisting with multi-stranded cross-border disputes. Regularly instructed on high-value and high-profile litigation cases, including insolvencies and major shareholder disputes."

One source commented: "They are good, sensible lawyers who have good judgement and know when to press. They're what you look for in local counsel."

Walkers' cornerstone Cayman Islands office continues to receive Band 1 recognition across the board:

"First-class group commanding significant respect in Cayman for its corporate and finance practices."

"Sizeable, market-leading team with deep experience handling significant restructuring and insolvency mandates."

"Exceptional funds group, guiding top asset management names through all Cayman aspects of their business. The team offers first-rate expertise in fund formation and structuring, as well as a complementary understanding of downstream transactional matters."

Walkers' Dubai office, which has recently been involved in a myriad of Abu Dhabi matters, has also retained its Band 1 status:

"Substantial team that is a popular choice among onshore lawyers seeking Cayman or British Virgin Islands counsel."

In Ireland, Walkers received top marks for Debt: Capital Markets:

One source says: "As a team they are cohesive, responsive, commercially aware and price-sensitive when it comes to fees. They're my go-to firm and ensure first-class service."

Clients appreciate the firm's international presence, with one saying: "The team's cross-border capabilities are the strongest selling point for us," and another adding: "We get the same fantastic and responsive service levels regardless of which office we are dealing with."

In Asia, Walkers' Hong Kong and Singapore offices received a Band 1 ranking once again.

"Finance giants with impressive knowledge across BVI and Cayman law."

Walkers' Global Managing Partner, Ingrid Pierce, states: "This is a tremendous result and honour. I am delighted that our global firm has been recognised in this fashion as it is a testament to the hard work and service excellence that is associated with Walkers."

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