Walkers sets up Cayman employment practice

The firm spent much of 2009 restructuring into a global practice hierarchy, a move that resulted in the closure of two Cayman-based practices, real estate and crime, necessitating 15
redundancies.

Walkers Cayman ­managing partner Diarmad ­Murray said the plan now was to put the firm’s existing employment lawyers into a dedicated practice, headed by Murray, to respond
to a “sharp upswing” in enquiries about corporate restructurings.

“Over the past year, ­perhaps unsurprisingly, we’ve assisted numerous clients who’ve been looking to restructure their workforces due to economic ­circumstances,” said Murray.
In January Walkers launched a Hong Kong investment funds group led by M&A partner Carol Hall (The Lawyer, 25 January).