Offshore top 30 position: 10
Like a number of other offshore firms, 2012 saw a change at the top at BVI firm Harney Westwood & Riegels. Richard Peters, managing partner for 20 years, retired and was replaced by Peter Tarn. Tarn, unusually, is based in the firm’s London office, which he heads.
Peters was also BVI office head and was replaced in that role by Sheila George, who is also private client head. Meanwhile, Jonathan Culshaw took over as Hong Kong managing partner following the 2011 departure of Paul Lau; Emily Yiolitis succeeded Pavlos Aristodemou as Cyprus head; and Marco Martins became Cayman office head when Kieron O’Rourke retired in September.
The focus for Harneys was on the Cayman practice and the Hong Kong office, with a net growth of 15 fee earners in Hong Kong. Notable hires included Timothy Bridges from Ogier. Overall, headcount was up by a net 19 lawyers, with one extra partner on 2011, and Harneys recruited heavily throughout the year.
In 2013 the firm expects to maintain its focus on emerging markets, and will continue to expand its Cayman and BVI footprint around the world, with plans to add litigation capability for both jurisdictions in London.
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Qualified lawyers: 97