Appleby announced last week it would merge with Dickinson Cruickshank, the largest law firm in the Isle of Man.
The legal, fiduciary and administration service firm will continue to be known as Appleby and the merger is to be effective, once all conditions are met, on 1st October, 2009.
The merger will give Appleby a wider jurisdictional reach, and increase the number of partners to 73. In total, Appleby will have 200 lawyers, with more than 800 staff in nine offices worldwide, including Bermuda, the British Virgin Islands, the Cayman Islands, Jersey, Mauritius, Hong Kong, London, Zurich and the Isle of Man.
Dickinson Cruickshank is one of the longest established firms of advocates on the Isle of Man. Founded in 1899, it is now one of the two dominant law firms on the island with 11 partners, 27 other lawyers, 17 fiduciary service providers and a total staff of 119. It is a full-service firm practicing Isle of Man law with a specific focus on corporate and commercial, private client, dispute resolution, property and fiduciary services.
The firm is consistently in the top ranking in the major international legal directories and has twice been nominated as ‘Offshore Law Firm of the Year’.
Commenting on the merger, Paul Morris, Dickinson Cruickshank’s senior partner said:
‘We believe that the merger with Appleby, as a global offshore services provider, is not only a first on the island and an invaluable resource for our clients, but it will also provide a huge boost to the Isle of Man’s capabilities, status and reputation in the international offshore sector.
‘Appleby’s global reach in the key offshore jurisdictions, its recent expansion through Mauritius into the emerging markets in India, Africa and Asia, and its market leading position in international financial centres, will have a significant impact on the breadth, range and choice of services we are able to offer to our Isle of Man and international clients.’
Huw St. J. Moses, managing partner of the Cayman Islands office, added: ‘Our driving strategy has been to be the leading provider of the legal, fiduciary and administration services in the offshore world.
‘We see the merger with a firm of the size and quality of Dickinson Cruickshank as a significant step in achieving this objective. The merger further builds our strength and depth across multiple jurisdictions-providing greater resources and greater choice to our clients.’
The merger follows the Appleby’s successful opening of offices in Mauritius in 2008 and in Zurich in 2009 and continues the firm’s rapid expansion over the last five years.