Offshore jurisdictions have responded proactively to recent global initiatives affecting how they operate. Legal Business assesses recent developments and profiles the top offshore law firms
Law firms are noted for their ability to turn difficult situations to their advantage and the global offshore giants have certainly demonstrated this quality in recent years. While the vast majority of these firms are more opaque about their financial performance than even the offshore tax arrangements that have come under global scrutiny in recent years, some report double-digit growth in revenues and in the main it appears, despite the general economic malaise, they are well insulated against a crisis.
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