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For some clients, Maples and Calder is 'without question the best law firm in the Cayman Islands', with international offshore practices Appleby, Conyers Dill & Pearman, Ogier Mourant Ozannes and Walkers all aggressively chasing. Campbells is, overall, the strongest of the local firms, with Solomon Harris also a serious contender.

The most recent and significant law office opening occurred when BVI firm Forbes Hare arrived in the Cayman Islands in mid-2010 with a corporate and finance practice, teaming up with former sole practitioner Barry Smith. A dispute resolution and insolvency capability was added in the last quarter of 2010 when Christopher Young and Jennifer Deacon joined from Harney Westwood & Riegels.

In recognition of the BVI's increasing importance, we have decided this year to introduce four new practice areas for research: Investment funds; insurance/reinsurance; real estate; and trusts/private client.

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