Global law firms have won the backing of a key figure in the Bermudan government as the country’s legal market awaits a ruling by the U.K. Privy Council’s in a long-running controversy over the terms on which global law firms can do business in Bermuda.

In a Dec. 14 address to Bermuda’s House of Assembly, Minister of Finance Curtis Dickinson spoke out strongly in favor of the global law firms. Dickinson also set forth an official process by which non-Bermudan firms that may have been stymied or frustrated by local ownership requirements can get around those rules, potentially rendering the Privy Council’s decision moot.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]