Lawyers set for changing times

Whenever there is new regulation on the cards, lawyers tend to get interested. Like the rest of the hedge fund industry, offshore law firms are eagerly awaiting developments in the raft of regulatory and legislative measures being drafted by authorities across the world. Although most lawyers working offshore claim not to be too concerned about the effects of new regulation on their practices, they are expecting the changes within the wider industry to have an impact on the way they work in t