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Headline

Appleby names Bermuda managing partner as incumbent returns to practice

Comment

Offshore law firms still charge fees way out of line with the simplicity of the legal advice they give. General counsels are forced to look not only at way a tax haven is being used but also at the cost for such simple legal advice. It is no surprise that they have come under pressure. The savvy offshore firms recognised this a while ago and put more time and energy into the fiduciary and administration side of their business. They have a place going forward but not as "serious' legal advisors, more as SPV or fund administrators.

Posted date

19-Jan-2012

Posted time

11:31 pm

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