Mourant has reinforced its new assault on the Cayman legal market by becoming the first Cayman law firm to open a New York office.
The news follows on the heels of Mourant’s announcement last week that it is joining forces with Cayman firm Quin & Hampson, stated a press release.
Mourant has 850 people operating from offices in seven countries.
Senior associate Simon Felton is relocating from Mourant’s London office in April. He will be Mourant’s first foreign legal consultant in New York and will not be practising New York law. He will be based at the firm’s existing Manhattan office which has grown to a team of 35 people since opening in March 2005.
It provides third party fund administration and tax compliance services to some of the highest profile private equity funds in North America.
‘This is a very significant development for the offshore legal world. New York is a vital feeder market for the Cayman Islands, and we’re very excited to be the first Cayman law firm to open an office there,’ said Stephen Ball, Chief Executive Officer of Mourant du Feu & Jeune.
The firm has ambitious plans to grow the new office along the lines of its successful four-partner London office, one of the largest offshore practices in the City.