Maples and Calder
Offshore top 30 position: 1
Maples and Calder leapfrogs Appleby to lead the offshore top 30 in 2013 for the first time since 2009, based on partner and lawyer numbers. When the firm’s fiduciary business, MaplesFS, is included, more than 900 people are now employed by the firm, making it a real global player.
The law firm part of the business added an extra office in 2012, moving into Singapore in the summer, but Maples’ most significant move — and one that rocked the offshore market and sparked much comment — was its recruitment of seven partners and four associates from Cayman Islands rival Walkers. The team, which included six Cayman partners, as well as British Virgin Islands (BVI) partner Tim Clipstone, specialises in funds and was a boost to Maples’ already strong funds practice.
The firm estimates that it advises on more than 900 master fund structures and acted on the formation of a third of new funds registered with the Cayman Islands Monetary Authority (Cima) in 2012.
200 Aldersgate Street
Qualified lawyers: 245