Carey Olsen's financial and corporate and investment funds work in the Channel Islands, the Cayman Islands and the British Virgin Islands has been recognised in the 2015 International Financial Law Review 1000 (IFLR1000) guide.
The new results come just after the firm gained tier 1 rankings across all of its Channel Island practice areas in The UK Legal 500.
The IFLR1000 is a guide to the world’s leading financial law firms and is based on independent research which includes interviews with the featured firms, client and competitor feedback and market analysis from the past 12 months.
For the fifth consecutive year Carey Olsen has retained its top tier position in Guernsey for both categories.
Within the Investment Funds class the firm is highlighted for maintaining its "impressive record of advice" to domiciled funds where it has a 57 per cent market share (Monterey Insight) as well as to LSE-listed funds and companies where it advises more than any other offshore law firm (Corporate Adviser Rankings 2014). Within the Financial and Corporate category it is noted for its high level of merger and acquisition (M&A) and restructuring activity over the past year.
This year also saw the firm’s Jersey office maintain its position at the top of the ranking tables
The Cayman practice, which was established in 2012 and has been included in the listings for the first time this year, was noted for its potential as an "innovative and effective law firm" in the jurisdiction with an expanding client base.
The directory noted that the firm's BVI office has "grown significantly since its founding in 2013" and highlighted its position as an advisor "to leading banks and corporations operating confidentially in the jurisdiction". The directory also marked the African focus of much of the BVI's office's transactional work as distinguishing feature of the firm supported by its presence in mainland Africa via its Cape Town office.
