Offshore magic circle

The offshore magic circle is the set of the largest multi-jurisdictional law firms who specialise in offshore financial centres, especially the laws of the British Overseas Territories of Bermuda, Cayman Islands, and British Virgin Islands, and the Crown dependencies of Jersey, Guernsey and The Isle of Man.

The same firms are also increasingly advising on the laws of onshore financial centres, especially Ireland and Luxembourg.[1]

  1. ^ "'Offshore magic circle' law firms fear Paradise Papers fallout". Financial Times. 17 November 2017.