Walkers Law Firm To Open Office In Bermuda
[Updated] International law firm Walkers announced it will be expanding its global legal footprint to Bermuda, where it plans to open an office by the end of this year.
The company said, “Walkers will offer clients a full service operation in Bermuda, encompassing a broad range of practice areas, including: litigation, insolvency, corporate, investment funds, finance, insurance and trusts.
“With its network of nine offices around the world, Walkers will provide multijurisdictional legal services to clients who require legal advice on any combination of Bermuda, Cayman Islands, British Virgin Islands, Irish and Jersey law. Subject to obtaining licenses and approvals, Walkers expects to open in Bermuda by the end of this year.”
“Our clients have long told us that they would value the expansion of Walkers’ service offering to include Bermuda legal advice,” said John Rogers, Walkers’ Singapore office managing partner.
“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.”
Ingrid Pierce, Walkers’ Global Managing Partner added, “2015 has been an exceptionally strong year for Walkers and these decisions are aligned with our on-going strategy of targeted expansion. Starting new and different businesses is an exciting place to be and we are committed to long term investment in these projects.”
For more information on Walkers, visit www.walkersglobal.com.
Update 4.41pm: The Bermuda Business Development Agency [BDA] has welcomed Walkers to the island, with BDA CEO Ross Webber saying, “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.
“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.”
Walkers partner John Rogers said, “Our clients have long told us that they would value the expansion of Walkers’ service offering to include Bermuda legal advice. 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.”
“As with all of our business concierge clients, we provided advice with regard to the business climate and method of setting up here,” said Mr. Webber. “We also provided introductions to other law firms and service providers.
“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 noted. “It raises Bermuda’s profile, and we believe it will increase business flow to the jurisdiction.”
Update 5.15pm: Walkers partner John Rogers has commented on the process that lead to selecting Bermuda as the location for their new office, saying, “As a global organisation, we considered many options before selecting Bermuda for our latest expansion.
“Our interactions in Bermuda, including with the BDA, during our decision-making phase convinced us that Bermuda truly is ‘open for business’ and this, along with client demand, was a key factor in making Bermuda our number-one choice when we looked at how best to add to our Cayman, BVI, Jersey and Irish capability.”
WOW WOW WOW
Things are on the move.
Can all the plp talking heads read the last PARAGRAPH over and over until it sinks into your heads???? Now would be the time to stop listening to the real anti Bermudian nonsense that flows from Alaska hall everyday!!! Do you want to eat or do you prefer hunger is the only thing that should be on Bermudians minds!!!!! Congrats OBA!!!!!!!
EVERYONE, read the last paragraph … thank you to the govt for making Bermuda open for business again.
which Bermuda law firm are they to be connected with?
I actually have read the last paragraph, it seems that kudos should go to the BDA…
Great new! Can’t wait to see how Alaska hall spins the last paragraph!
Not sure why this always has to become political. The “last paragraph” points toward the broad experience Walkers has had with Bermuda service providers, particularly the BDA. Interesting that the bloggers are giving the credit to the OBA and criticizing the PLP. There is no mention of any political party in the release! Walkers met with BDA and other professional service providers. It is depressing that the blinkered blog-pack cannot simply acknowledge a wonderful piece of news that enhances Bermuda’s competitive position without trying go degenerate the whole topic into a political playground spat. Well Done Walkers. Well Done BDA.
Get a perspective folks! ‘Walkers Bda’ office will primarily be advising potential Bda clients -to Incorporate and Administer business -in Cayman!!