Carey Olsen has been named Offshore Firm of the Year at the Chambers High Net Worth Awards.

The awards, which were presented at a ceremony in London yesterday, celebrate legal excellence in the world of private wealth.

Carey Olsen was shortlisted for the award by the legal directory’s highly regarded research team following the publication of the 2019 edition of the Chambers and Partners High Net Worth earlier this year. The guide saw Carey Olsen secure a series of top tier rankings and the firm described by sources as the ‘the first name we think of for trust and fiduciary providers from the private client side’ and how ‘for HNW clients, they cover a lot of bases – they put their clients first and are very responsive’.

Commenting on Carey Olsen’s achievement, Siobhan Riley, head of the trusts and private wealth group in Jersey, said: “It is an honour for Carey Olsen to win this highly prestigious award, which is recognition of the hard work and dedication put in by everyone in the global trusts and private wealth team, while at the same time highlighting both the quality of our lawyers and the work we undertake for clients.

“We have a substantive private wealth team in the Channel Islands but are also making great strides into the private wealth market in the Caribbean with the rapid growth of our offerings in Bermuda, BVI and Cayman.”

Carey Olsen has one of the largest trusts and private wealth teams in the offshore world with 50 partners and associates providing advice on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey to local and international clients and their advisers.

Carey Olsen’s London partners Jasmine Amaria and Richard Brown collected the offshore award on the firm’s behalf.