Offshore: Uncharted waters
A flurry of mergers among offshore firms has prompted lawyers in the world's offshore centres to examine the case for international expansion. However, many contend that the peculiarities of operating as an offshore firm make a global presence look less than convincing to clients. Sophie Evans reports
There is nothing like celebrating your 800th anniversary to make you sit back and take stock of where you are going in life. In 2004, the Channel Islands are commemorating the eighth century of their special status and the anniversary of allying themselves with the English Crown. The year has so far been marked by change for the islands’ financial and legal industries and their lawyers are upbeat about the prospects for growth.
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