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15-Feb-2024
Walkers increases top rankings in 2024 Chambers Global Guide

Walkers, the international legal and professional services firm, continues to lead its market, according to the findings of the prestigious 2024 Chambers Global Guide to the world's leading lawyers and law firms.

The number of Walkers lawyers receiving Eminent Practitioner or Band 1 rankings has doubled from eight to 16. Sixteen partners in total receive a higher ranking than last year and seven are newly ranked in 2024.

Overall, 74 Walkers partners and 26 practice groups are ranked this year, spanning our six jurisdictions and 10 offices across the Americas, Europe, Asia and the Middle East. This is significantly higher than any other firm in our market.

Ingrid Pierce, global managing partner of Walkers, said: "We've not just maintained our own high standards. We have raised the bar further in the eyes of Chambers, our clients and peers. It’s the strength in depth and collaboration across our teams worldwide that enable us to provide a best in class service. I'm grateful to our clients for this positive recognition of our commitment to them."

Nine practice groups receive the top Band 1 ranking and three others are ranked higher than last year. Walkers is described by clients in the Guide as being "my first call for any complex matter", "we love the fact that Walkers can cover all relevant jurisdictions to such a high level" and having "a strong and sophisticated team of lawyers....they are always responsive, and their quality of service is excellent."

Ingrid Pierce adds: "It's particularly pleasing that we've received new or higher rankings in practice group areas such as Financial Services: Regulatory, Insurance, Dispute Resolution and Asset Finance. These are all areas where we have invested in developing talent and bringing in lateral hires who add to the quality of our team.

"We will stay focused on providing clients with the clear commercial advice and responsive service they value in the jurisdiction and time zone they need us."

Chambers and Partners is the leading independent professional legal research company operating across 200 jurisdictions. The rankings in the 2024 Chambers Global Guide are based on in-depth research involving detailed analysis and interviews with clients and peers.



08-Feb-2024
Walkers' Jersey growth continues with two new hires

Walkers' strategic growth in Jersey continues with the arrival of two more lawyers across its Banking & Finance and Investment Funds & Corporate practice groups.

Associates Aidan Dobney (Banking & Finance) and Angharad Prescott (Investment Funds & Corporate) have joined the firm, following the arrival of Gemma Palmer as Senior Counsel in the Regulatory & Risk Advisory team last month.

Fraser Hern, the head of Walkers' Channel Islands business, commented: "We are delighted to welcome Aidan and Angharad to the firm. They bring with them a mix of onshore and offshore experience which will add additional strength and depth to our business, as well as expertise which our clients will benefit from. Their arrival, and that of Gemma Palmer last month, continues the growth trend across our Channel Islands business which saw 40 new joiners in 2023. We are confident that both Aidan and Angharad will enjoy being part of a busy and rapidly expanding business, and will help us go from strength to strength."

About the new team members:

  • Aidan Dobney advises of a wide range of financing matters. He spent over four years at onshore firms before joining Walkers, and has experience advising on banking & finance matters including real estate and leveraged finance.
  • Angharad Prescott advises on a wide range of Jersey corporate law matters. She worked with another leading offshore firm in Jersey in their banking & finance and corporate teams before joining Walkers.


05-Feb-2024
Walkers' employee-funded giving initiative gears up for impactful donations

Our Cayman Charity Committee extends heartfelt appreciation to local employees for their commitment to the Cayman Islands community through the employee-funded giving initiative. The initiative, which empowers employees to direct funds from their salaries to deserving causes, received an overwhelming response in 2023.

Every year, Walkers employees identify four local charities to receive the collective donations. Donations for 2023 were presented to each charity during an internal event hosted at the Walkers headquarters in Grand Cayman. An employee with a personal interest or affiliation presented each organisation with a donation on behalf of their colleagues.

Employees selected the following charities as the beneficiaries for 2023:

  • Crisis Centre Cayman Islands
    • donation presented by Prasana
  • Cayman Islands Humane Society
    • donations presented by Priscilla Shire
  • Jasmine Hospice Care
    • donation presented by Martin Davies
  • Cayman Islands Meals on Wheels
    • donation presented by Lesley Jefferson

Rob Jackson, Cayman Islands Office managing partner, remarked, "Our people's commitment to community support is truly inspiring. This initiative exemplifies our collective dedication to making a positive impact, and I am proud to witness the generosity of our team."

Ania Milanowska of the Crisis Centre noted, this "donation plays a crucial role in helping us navigate our day-to-day operations, ensuring that we can continue to offer support to those in need". "There are lots of opportunities to volunteer with the Humane Society. From dog walking, cat socialisation and cleaning to administration, beach training for dogs and educating the community," shared by Samantha Cooper, Humane Society.

Jasmine Hospice Care representatives, Sophie Munden and Stef Prieto, shared their sentiment of thanks, "We are deeply grateful for your support and belief in our mission. It is an honour to count you among our most valued supporters." On behalf of Meals for Wheels, Jennifer West expressed, "Whether as a company or as individuals, we look forward to helping hands as we continue our mission of ending senior hunger in the Cayman Islands."

Walkers is proud to continue the tradition of the Cayman employee-funded giving initiative in 2024 and beyond.



30-Jan-2024
Walkers' Channel Islands team recognised in Private Client Global Elite Directory

Three of Walkers' specialists in contentious and non-contentious private client legal work have been named in the 2024 edition of the prestigious Private Client Global Elite Directory.

Partners Sarah Brehaut and Alison Ozanne from Walkers' Guernsey office, and senior associate Anouksha Patel from Walkers' Jersey office have all been named in the list of the top lawyers advising UHNW clients.

The directory is made up of individuals chosen by their own peers within the private wealth industry.

Alison is included as "Private Client Global Elite" and Sarah and Anouksha are included as "Private Client Global Excellence".

Alison, an experienced trusts disputes specialist who leads Walkers' Guernsey Insolvency & Dispute Resolution practice group, said: "We are delighted to yet again feature in this well researched guide of specialists in the UHNW sector. Our inclusion highlights how closely our Insolvency & Dispute Resolution and Private Capital & Trusts practice groups work together."

Jersey-based Private Capital & Trusts group partner, Rajah Abusrewil, added: "It is wonderful to see that the value delivered by our Private Capital & Trusts and Insolvency & Dispute Resolution practice groups is recognised by clients and Private Client Global Elite."



29-Jan-2024
Fundamentals Asia: Hong Kong, Singapore, & Tokyo

Fundamentals Website Banner

 

Welcome to our 2024 Asia Fundamentals series, hosted in Hong Kong, Singapore and Tokyo.

A lot has developed in the investment funds arena since we last saw you in 2023, and we are pleased to share with you a wide range of resources which look at:

  • New opportunities and challenges for funds domiciled in Cayman, managed in Asia and investing globally
  • Developing trends in the Asian and global funds space
  • Outlook for the investment funds market, and what's on the horizon

Please click to download your copy of our latest reports and compliance calendars.

Walkers Fundamentals White Paper 2023

Cayman Islands Compliance Calendar 2024

British Virgin Islands Compliance Calendar 2024       

Cayman Islands Regulatory Update

If you have any questions please reach out to the key contacts listed below. 

Banner Web HK Speakers



26-Jan-2024
Regulatory & Risk Advisory specialist Gemma Palmer joins Walkers' Jersey office

Walkers' Regulatory & Risk Advisory practice in Jersey has been further strengthened with the addition of regulatory specialist Gemma Palmer.

Gemma has over six years of experience as a regulatory lawyer in Jersey and her arrival into the team as Senior Counsel enhances Walkers' specialist Regulatory & Risk capability at a time when client demand for this service is rising.

Gemma advises on all aspects of Jersey financial services laws and regulations, and has significant experience acting for a wide range of locally regulated entities, as well as multinational institutions with connections to Jersey. This includes providing advice on licensing and other regulatory requirements to those looking to do business in the jurisdiction.

Gemma is the third recent arrival in the Walkers' Jersey Regulatory & Risk Advisory team, following Senior Counsel Sian Langley and Associate Amman Bulchandani.

Fraser Hern, the head of Walkers' Channel Islands business, added: "We are unique as an offshore law firm in having a specialist global Regulatory & Risk Advisory practice, comprised of lawyers who are totally dedicated to the practice on a full time basis. Our specialism has been well received by clients across the globe, and has resulted in us being seen as market leaders in their respective jurisdictions. Our Channel Islands Regulatory & Risk Advisory practice forms an important part of this global practice, and we are looking forward to seeing the group go from strength to strength. Gemma’s arrival into the group is extremely welcome and we have no doubt that she will be a huge success”.

Lucy Frew, the head of Walkers’ Global Regulatory & Risk Advisory practice, commented: "Ours is the largest and longest-established global group of dedicated financial regulatory lawyers of all the offshore firms, and the only one to have dedicated financial regulatory lawyers located on the ground in each of our ten offices. We bring decades of specialist financial industry experience, having worked within financial regulators, global financial institutions and leading law firms and we are delighted that Gemma is joining us in Jersey to help our clients succeed in an ever-evolving international regulatory environment."