Walkers Law Firm is Moving to Bermuda

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Walkers Law Firm is Moving to Bermuda
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The Bermuda Business Development Agency (BDA), a
group on the island that advocates for and
encourages businesses to develop the island, has
excitedly revealed recently international law
firm Walkers' decision to open business on the
island. This would be the first international law
firm to do so, and, considering Walkers advises
businesses, it would encourage an outgrowth of
more business on the island, something the BDA is
naturally interested in. Walkers plans to make
their move later this year, assuming licensing
and so forth falls in line."Walkers is a major
player in international law, particularly in
investment funds, and we believe this will be
beneficial to Bermuda as we continue our drive to
attract greater investment management business to
our Island," said BDA CEO Ross Webber. "Notably,
Walkers are referrers of business and they advise
hedge funds with regard to choice of
jurisdiction. Walkers being able to offer a
Bermuda solution should result in growing the
overall volume of business on the Island."
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This will be the tenth office of Walkers,
following their locations on the Cayman Islands,
British Virgin Islands, Ireland, London, Jersey,
Dubai, Hong Kong, and Singapore. As they are a
leading international finance centre law firm,
specializing in corporate and international
finance law, they are a boon of fortune soon to
fall in step for the island. They firm announced
they would offer full service operation in their
Bermuda outfit, helping clients with litigation,
insolvency, corporate, investment funds, finance,
insurance and trusts."Our clients have long
told us that they would value the expansion of
Walkers' service offering to include Bermuda
legal advice," said Walkers partner John Rogers.
"As with our other global offices, we intend to
become a major force in the legal services
industry in Bermuda and to grow and develop
talent in that jurisdiction."The BDA naturally
encouraged the project every step of the way,
hoping to invest their efforts in a firm which
would in turn bring more business into the
island."As with all of our business concierge
clients, we provided advice with regard to the
business climate and method of setting up here,"
said Webber. "We also provided introductions to
other law firms and service providers.
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"Having yet another leading international law
firm including Bermuda as part of their
conversation is hugely valuable for our Island
from a competitive perspective," he said. "It
raises Bermuda's profile, and we believe it will
increase business flow to the jurisdiction."
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