Cox Hallett Wilkinson
Offshore top 30 position: 25
Bermuda firm Cox Hallett Wilkinson had a fairly tough year in 2012, reporting a drop in revenue of 11 per cent — although the firm said profitability was up. The local economy continues to have an impact on law firms in the jurisdiction.
The number of directors (partners) at the firm dropped by one to five, decreasing lawyer headcount to 15 from 16 in 2011.
Despite the tough economy, Cox Hallett Wilkinson did manage to pick up work on some sizeable deals, such as the $475m IPO of Norwegian Cruise Lines on the Nasdaq Global Select Market. The firm also acted for the Bank of Nova Scotia on a $1bn loan financing for Canadian listed mining company Kinross Gold Corporation.
This year, Cox Hallett Wilkinson wants to maintain its position as one of Bermuda’s top firms and keep growing organically, both through developing Bermudian lawyers and through overseas recruitment. It is also considering the possibility of a strategic alliance in other offshore jurisdictions.
1 Victoria Street
Qualified lawyers: 15