Cayman law firm Charles Adams Ritchie & Duckworth announced that it will join forces with Channel Islands offshore law firm Collas Crill early in 2015, subject to the necessary approvals.
Collas Crill has offices in Guernsey, Jersey, London and Singapore. The Cayman firm, for a transitional period, will be known as Collas Crill & CARD. The other firms in the Collas Crill Group will continue as Collas Crill.
CARD’s Antony Duckworth said, “We are delighted to be linking up with the Collas Crill Group. This is great news for us, our clients and our staff. It will enable us to attract more business to Cayman and it will give the ‘new’ firm a true international footprint. We are delighted that the Cayman office will be a key strategic location for the Collas Crill Group as a whole.”
He said Cayman is particularly important as a jurisdiction for funds and private wealth for the group’s growing Asian client base, while Collas Crill has an “exceptional profile” in dispute resolution and litigation in the Channel Islands.
“Together we will be able to build on the first-class service we already offer clients and expand the offering of Cayman products and structures to new and exciting markets. Joining forces will further strengthen the Collas Crill brand, both locally and in international markets, while providing clients with a full service offering in all jurisdictions.”
Collas Crill clients include financial institutions, high-net-worth individuals, international businesses and funds, both in the Channel Islands and globally. Collas Crill was the first Channel Islands law firm to open an office in Singapore, CARD said in a statement.
The Singapore office opened on Aug. 1, 2011, in response to demand from institutional and private clients in Asia for Channel Islands legal services, particularly in corporate, funds and trusts. Collas Crill London opened on Dec. 2, 2013, to provide international legal advice direct to the financial services, private wealth and e-gaming markets in the capital.
“For both Collas Crill and CARD, this provides a fantastic opportunity to build on core strengths locally and to enhance our international service offering,” said Collas Crill Managing Partner Jason Romer. “This is an excellent strategic fit as, together, we are now able to offer our clients what they have been asking for – a seamless service from Singapore, Cayman, London and the Channel Islands. Our clients in Asia have been asking for a dedicated Cayman offering, particularly those with a focus on funds and private wealth, and now we can provide real expertise in Cayman in a joined up way. CARD already has a significant client base in Singapore and the Far East. We will also be looking to expand our dispute resolution offering across each jurisdiction.”
Mr. Romer said the new group will be the first law firm with offices in Singapore, Cayman, London and each of the Channel Islands. “The firm already has lawyers with experience and qualifications in many jurisdictions, so the addition of a Cayman office is great for our staff as it will provide further opportunities to gain experience in a number of jurisdictions around the world.”
He said a dedicated and professional management team will run the integration process. “This will mean that, in line with both firms’ ethos, lawyers will remain focused on clients.”