Walkers continues to be hailed as a frontrunner in the offshore legal market with a Band 1 ranking in the newly created Chambers Offshore FinTech Directory, adding to its existing collection of top ranked practices. Walkers' Irish office was also included in the rankings for FinTech legal services, highlighting the firm's' expansive global footprint in financial technologies, deep bench of experts and book of established FinTech clients.
Walkers' Global FinTech group officially formed in 2017, however, the multi-disciplinary team has been working with FinTech clients for many years in what is believed to be the longest established offshore FinTech practice. Today, the group maintains an offshore presence in Bermuda, the British Virgin Islands, the Cayman Islands, the Channel Islands, adn London as well as an onshore presence in Dublin, Ireland.
The practice is diverse in with regards to the make-up of the team, the type of FinTech work it does and the clients it represents. The global team is steered by partners Melissa Lim (Investment Funds, Cayman Islands), Lucy Frew (Regulatory & Risk Advisory, Cayman Islands) and Natalie Neto (Corporate, Finance, Funds & Insurance, Bermuda). Currently Walkers' FinTech lawyers are integral members of the Cayman Islands BlockChain Association, the Cayman Islands FinTech legislative drafting committee, the Bermuda Business Development Agency's Technology Sub-committee, the Jersey Digital Assets Working Group and other innovative governmental groups in the Channel Islands, Bermuda and the BVI. The global FinTech practice comprises 17 partners and 19 associates and senior counsel operating globally across multiple time zones.
Melissa Lim, Cayman Islands Investment Funds partner and co-head of the FinTech group, celebrated the rankings by stating: "To receive such a great ranking in the first edition of the Chambers FinTech Directory is testament to the team's expertise, the respect afforded us by the FinTech industry and what our clients are saying about us in the market. We are delighted with this new ranking and are very grateful for the recognition."
Walkers is consistently ranked in the top tier of legal and professional services firms by prominent global legal directories and is widely recognised as a leader in the offshore legal industry.