The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Leading Jersey firm Ogier & Le Masurier has become the first Channel Islands' practice to set up a branch in neighbouring Guernsey.
The firm has set up an associated firm in St Peter Port, which will be headed by local advocate Roger Le Tissier. Le Tissier joins from Guernsey International Fund Managers, a subsidiary of Dutch bank ING, where he headed the legal department.
Partner Michael Lombardi said that the firm had been looking at setting up its first office abroad and it had considered opening in London, a move that rival firm Mourant du Feu & Jeune made last month.
But this option was rejected. Lombardi said: "We already receive instructions from most of the leading City firms and we doubted whether a London presence would ever contribute to profitability in real terms."
After extensive market research, the firm felt that it could use its expertise in financial services to build up a business closer to home. "A large number of financial institutions are based in Guernsey and we thought it might be attractive if we were able to offer legal advice throughout the Channel Islands," Lombardi said.
He also noted that the Guernsey market is not saturated with lawyers in spite of its large financial services industry, there are only 83 registered advocates on the island.