Walkers is the only offshore law firm to be listed as a finalist for the prestigious STEP International Legal Team of the Year award in the Large Firm Category.
The Walkers Private Capital & Trusts team – spread across the firm’s BVI, Bermuda, Cayman, Guernsey, Jersey and Hong Kong offices – is a finalist along with major international firms Baker & McKenzie, Herbert Smith Freehills, McDermott Will & Emery and Stephenson Harwood.
The STEP Private Client Awards are the most prestigious awards for the private wealth industry, covering lawyers, accountants, bankers, family offices, trustees and financial advisers.
Entries to the awards are judged by an independent panel of experts from the wealth management sphere.
Partner Philip Paschalides, from Walkers’ Cayman Private Capital and Trusts team, said: “Walkers is very honoured to have been shortlisted for this award alongside a number of distinguished onshore private client firms, which we see as a reflection of the changing character of practice offshore and the increasing importance of our jurisdictions for globally mobile clients seeking multi-generational solutions.”
Partner Robert Dobbyn, from the firm’s Jersey Private Capital & Trusts team, said: “The judging process for these awards is rigorous and we are delighted to be in such excellent company with the onshore firms on the shortlist, with whom we have a great working relationship and clients in common.
“To be one of the finalists from 297 submissions is an achievement in itself, and reflects well on the way that we work and the growth in our global practice over the last few years.”