Cayman Attracts Finest Global Lawyers...
Lawyers from around the globe are increasingly deciding to move offshore to reap the benefits of a tax-free and highly lucrative lifestyle - and the Caribbean island of Grand Cayman has become a premier destination.
Each year hundreds of legal professionals, and support staff such as legal secretaries and paralegals, chose to leave respected firms in London and around the world, in order to sample life on this British Overseas Territory.
The Cayman Islands is one of the world's most famous tax-havens and can certainly claim to be one of the most economically dynamic and forward thinking offshore jurisdictions. The islands have flourished over the last forty years, becoming a global leader in offshore financial services - with a highly competitive jobs market.
Lawyers with excellent qualifications and at least three years PQE are always on demand on Cayman, which plays host to some of the offshore world's leading law firms.
Walkers Global and Maples & Calder are the biggest employers in Cayman's legal industry. Both firms have expanded rapidly in recent times, opening offices in offshore jurisdictions around the world, but their main bases remain on Grand Cayman. There are scores of other legal firms for the aspiring Cayman Islands lawyer as the industry is fed by the relentless growth of the offshore financial industry.
See our Key Employers page for links to some of the main legal firms on The Cayman Islands.
If you are considering relocating offshore, then there are a number a key reasons to consider Grand Cayman:
- Tax-free salaries - no income, capital gains of property taxes
- Wonderful sub-tropical climate
- Higher gross salaries than London
- English is the first language
- The Cayman Islands is a British Overseas Territory
- Better work/life balance
There is also the opportunity to make partner within many of the firms on islands - and this is not always the case offshore. Jurisdictions such as Bermuda prohibit this. This is one key reason that Cayman's offshore legal jobs are sought after positions.
The island of Grand Cayman is located in the middle of the Caribbean Sea, about 240 miles south of Havana and a one-hour flight from Miami. There are regular direct flights into the islands from cities such as London, New York and Toronto.
The advent of improved airline networks has the islands much more accessible - and more appealing to legal job seekers.
And as more and more international companies choose to relocate to Grand Cayman, they are bringing increasing job opportunities for those prepared to relocate to its sun-baked shores.
Cayman legal firms recruit in all sectors of the industry, from insolvency lawyers, hedge fund lawyers and trust lawyers to paralegals, legal secretaries and administrators.
Anyone contemplating a move to Grand Cayman should consider the use of a reputable recruitment agent as they can help with job procurement, relocation and work permit issues.
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