Legal Business

Flying colours

Responding to the relentless negative publicity directed at offshore territories, the International Financial Centres Forum was formally launched in London at the end of last year. Legal Business assesses the drivers behind this development and which offshore law firms have continued to expand despite the global economic crisis

‘The offshore world is tired of being the world’s whipping boy,’ says John Collis, chairman of Conyers Dill & Pearman. ‘Most of the negative publicity fired at offshore markets is simply wrong, and we now have a committed agenda to getting the story straight.’