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Growth of and consolidation amongst the offshore legal firms in the first quarter of 2010 has been dramatic.
First there was news on January 11 that Appleby were to open a Guernsey office through the hiring of a four-strong team from the leading Guernsey practice Ozannes, thereby giving Appleby a presence in both of the Channel Islands.
Just a week later on January 18 it was revealed that another of the Offshore Magic Circle firms, Conyers Dill & Pearman, also intends to establish a presence in Guernsey this year, whether by merger, acquisition or building an office from scratch.
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