The British Virgin Islands’ rapid ascent as an international financial centre and hedge fund domicile has attracted a number of internationally recognised law firms to the jurisdiction.
The legal sector in the jurisdiction is robust, with the likes of Appleby, Conyers Dill & Pearman, Maples and Calder, Ogier and Walkers competing for business alongside BVI stalwart Harneys.
The financial crisis led to a slowdown in the fund formation work that is the backbone of many offshore legal practices. BVI
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