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The offshore magic circle is the set of the largest multi-jurisdictional law firms who specialise in offshore financial centres, especially the laws of the British Overseas Territories of Bermuda, Cayman Islands, and British Virgin Islands, and the Crown dependencies of Jersey, Guernsey and The Isle of Man.
List of largest law firms by profits per partner; List of largest law firms by revenue; List of largest United States-based law firms by profits per partner; List of largest Canada-based law firms by revenue; List of largest Europe-based law firms by revenue; List of largest Japan-based law firms by head count; List of largest China-based law ...
In 2004 they merged with Cayman Islands' law firm Hunter & Hunter and with Jersey based firm, Bailhache Labesse in September 2006. [7] Appleby announced on 15 June 2008 that it was to merge with Isle of Man based Dickinson Cruickshank & Co., enabling it to become the largest offshore law firm in the world with 73 partners and 200 lawyers. [8]
This is a list of the world's largest law firms based on the Global 200 Rankings. [1] Firms marked with " ... US UK 4: Allen Overy Shearman Sterling (LLP) $3,696,421,000:
The Corporate Advisers Rankings Guide places Carey Olsen in the top five law firms by the number of London Stock Exchange (LSE) and AIM clients it advises. It is the only offshore law firm to be ranked alongside UK legal advisers in the top five.
The Isle of Man (the "IOM") was absent from the list of top sink OFCs. The IOM appears on tax–haven lists and ranks 42 on the 2018 Financial Secrecy Index. [72] [73] The Chief Minister of the IOM, Howard Quayle, announced that the CORPNET report proved that the IOM is not a tax haven.
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Magic Circle" is an informal term describing the five most prestigious London-headquartered multinational law firms, which generally outperform the rest of the London law firms on profitability. The term has also been used to describe the most prestigious barristers' chambers in London.