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19-Feb-2020
Walkers Launches Jersey Student Bursary Scheme

International law firm Walkers has launched a new bursary scheme to support young Islanders through their university studies.

The new scheme is open to students pursuing legal courses, and those engaged in academic study as well as post-graduate legal qualifications.

Successful candidates will be given financial support towards their studies (in quarterly instalments), paid summer work placements at Walkers, advice from a mentor and support from the firm's HR team and book vouchers towards the high cost of textbooks and course materials.

Partner Fraser Hern, the head of Walkers' offices in the Channel Islands, said that as the firm continues to grow in Jersey and Guernsey, it is expanding its CSR commitments and putting down deeper roots in the wider community.

He said: "We're launching this scheme to support talented people with their studies – and we want to hear from anyone who fits the Walkers way of doing things: commercial, relationship-focused and entrepreneurial.

"We've been running similar schemes for some time – in our Cayman office we train young lawyers and have helped 48 attorneys qualify since 1983 – and we have benefitted from forging relationships with talented people, some of whom have gone on to develop their careers with us, and some who have gone on to other things.

"We're interested in hearing from anyone who thinks that they might benefit from our support, and we'd urge them to get in touch for a chat."

Sarah Forbes, Walkers' HR Director for the Channel Islands and London, said: "There are full details on our website and we look forward to hearing from students at all stages of their studies, and to meeting candidates for interview in March and April."

Full details are available here.

To arrange an informal discussion or apply, please email – This email address is being protected from spambots. You need JavaScript enabled to view it.

 



17-Feb-2020
Walkers #1 in Chambers for Most Ranked Offshore Practice Areas

Walkers maintains its stance as the go-to offshore law firm in the 2020 Chambers and Partners' Global Guide, leading the way with 10 "Band 1" practice area rankings and an overall Band 1 ranking in 'Global Offshore'.

Walkers is ranked in the highest tier (Band 1) for "Offshore Law" with a total of 23 practice groups and 64 lawyers ranked for legal excellence.

Chambers Global Guide applauded Walkers for its depth of expertise in offshore transactional work, saying: "The firm's transactional expertise is increasingly matched by its prowess in dispute resolution, with restructuring and insolvency mandates a particular forte. The firm's traditional strengths in the Cayman Islands and BVI are complemented by increasingly respected offerings in the Republic of Ireland, Jersey, Guernsey and Bermuda."

Walkers' Cayman Islands office continues to receive Band 1 recognition across its Finance, Corporate & Funds and Insolvency & Dispute Resolution practices:

"One of the hallmarks of the team is that they are all exceptionally good lawyers. Also they invariably develop a first-class service to clients in terms of responsiveness."

"They know the market well and represent many of the leading participants. They are very responsive and able to work through and resolve issues in a practical and commercially oriented manner."

"[The firm is my] go-to in Cayman for restructuring and insolvency."

In the British Virgin Islands, Walkers' Insolvency & Dispute Resolution practice maintained its Band 1 rating.

"Walkers is an excellent firm producing high-quality legal work," enthused a client. Another commentator added: "Their service and responsiveness is great. They acted for us in difficult circumstances and remained very pragmatic throughout."

Walkers' Dubai office also ranked at Band 1 and is described by Chambers as being "well-versed in Islamic and aviation finance" having advised on some of the MENA region's most significant transactions in these fields.

The Dubai team was described as "young, vibrant, energetic and good to work with," emphasising that "they understand what we want from them."

In Asia, Walkers' Hong Kong and Singapore offices were described by Chambers as being "finance giants" and "a top-class firm" and once again received a Band 1 ranking.

"We use Walkers when we know that issues are not straightforward, and can rely on them to understand the complexities of the transaction and also give good, considered advice."

In Ireland, Walkers received a Band 1 ranking again for Debt: Capital Markets, with particular emphasis also being placed on the firm's "widely-respected asset finance practice".

Similarly, in London, Walkers received a Band 1 ranking for both its Cayman Islands and BVI practices.

"Chambers certainly does its research," shares Walkers' Global Managing Partner, Ingrid Pierce. “This year's Global rankings confirm that we have market-leading international teams and we are delighted with the support and feedback from our clients."

10-Feb-2020
Walkers Bolsters BVI Regulatory & Risk Advisory Practice Group

Walkers is pleased to announce that Lodewijk Van Setten has joined the Regulatory & Risk Advisory practice group as senior counsel in the BVI.

Lodewijk joins Walkers from private practice in London, where he was a financial services regulatory senior consultant at Taylor Wessing, Allen & Overy and KPMG. Prior to that he was at Morgan Stanley in London for eleven years in Investment Management as International General Counsel and as International Chief Operating Officer and at State Street in London for six years as European Counsel. Meanwhile, Lodewijk has been a Visiting Professor of Financial Law at King's College, London for 15 years and his publications include Law and Regulation of Financial Advice, Investment Management, and Trading, published 2019 by the Oxford University Press, and Alternative Investment Funds in Europe – Law and Practice, published 2014 by the Oxford University Press.

Regulatory & Risk Advisory partner, Lucy Frew, who is based in Grand Cayman, states, "We are delighted that Lodewijk Van Setten is joining the Walkers team. He is incredibly well regarded in his field and brings a vast amount of expertise and commercial insight."

Lodewijk's appointment strengthens Walkers' group of Regulatory & Risk Advisory experts, which is the largest dedicated offshore practice of its kind, with 20 dedicated regulatory lawyers globally. Walkers' lawyers have significant non-contentious and contentious regulatory experience and well-established track records of advising in an international regulatory context. With lawyers who have worked for key regulators, including the Cayman Islands Monetary Authority, Bermuda Monetary Authority, UK Financial Conduct Authority, and Central Bank of Ireland, Walkers' Regulatory & Risk Advisory practice group is positioned to offer exceptional commercial insight on complex regulatory matters.

Mr. Van Setten stated "I’m delighted to be joining Walkers and look forward to working with expert colleagues across the global network. Walkers' excellent reputation, consistent top tier rankings and unparalleled client base provide an exceptional platform from which to provide dedicated financial regulatory and risk management expertise to clients."

Walkers' Regulatory & Risk Advisory practice group offers Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Irish and Jersey law advice on regulatory matters on a global basis and regularly advises non-regulated and regulated financial institutions and sectors.

10-Feb-2020
Walkers have advised Global Student Accommodation on Landmark Deal

Walkers Ireland is pleased to have acted for Global Student Accommodation (GSA) on the buy-out by GSA affiliated entities of its joint-venture partner, Harrison Street's interest in an Irish vehicle.  The underlying properties held by the vehicle are 5 student accommodation premises in Dublin and the deal was valued at €400million.
 
The Walkers team  involved a multi-disciplinary approach led by Investment Funds Partner Jennifer Fox and Partner and Head of Investment Funds Nicholas Blake-Knox, Partner and Head of Corporate, Brendan O'Brien and Partner and Head of Tax, Jonathan Sheehan. Walkers also worked with Osborne Clarke LLP, GSA' UK counsel on the deal.

 



03-Feb-2020
Walkers Dubai Named Best Offshore Law Firm 2020

Walkers Dubai has been named Best Offshore Law Firm at the 2020 MENA Fund Manager Fund Service Awards. The awards recognise the service providers who have demonstrated exceptional client service and innovative product development over the past 12 months and all nominees undergo a rigorous and thorough judging process. The winners were announced at an evening ceremony on Wednesday 29 January at the Ritz-Carlton DIFC in Dubai.

Dubai Managing Partner, Daniel Wood commented: "We are delighted our work continues to be recognised for this award, having won each year since 2015. I believe this is a testament to the high quality of service we provide to our clients and reconfirms our strong expertise and leading position in the Middle East funds market."

 

Dubai MENA Winners

Partners Tom Cochrane and Daniel Wood with the award.

 



30-Jan-2020
Walkers Wins Law Firm of the Year at 2020 IFC Awards

Walkers has been named Law Firm of the Year for the Caribbean at the prestigious 2020 IFC Awards in London.

Now in their ninth year, the Citywealth International Financial Centre Awards were established to highlight the excellence of advisers and managers in the private wealth sector in major international financial centres.

The firm's Private Capital and Trusts Group, led by partner Philip Paschalides, won the award covering the jurisdictions of Bahamas, Bermuda and Cayman, which was collected on their behalf last night by Louise Hall, the managing partner of Walkers' Guernsey office.

The award comes as the team continues to grow - last year, Monique Bhullar and Clive Thomas from the firm's Private Capital and Trusts team in Cayman were promoted to the partnership, and Jo-Anne Stephens in the same team was promoted to senior counsel. The awards recognise firms that have "excelled in achievement, innovation, expertise and service" and are judged by an independent panel of experts covering all of the offshore jurisdictions.

The international Walkers trusts disputes team was also recognised at the awards, being named runner up in the Litigation category.

Philip Paschalides said: "Walkers has invested significantly in our global Private Capital & Trusts Practice Group in response to increasing client demand across all our offices in the Caribbean, Asia and Europe and in response to what we see as a fundamental shift in the role played by non-institutional capital. With increasing concentration of international capital in private hands and the increasingly important role that such capital plays in financial and financing activity, this is a client base which needs technical skill, international depth, institutional experience and creative legal solutions. We're very pleased on behalf of our Caribbean teams, as well as our global teams across Guernsey, Hong Kong, Jersey and Singapore, to have been recognised for the exciting work we do with our UHNW, family office, private banking and fiduciary clients."