14 July 2022
Carey Olsen leads offshore firms in Chambers High Net Worth 2022
Thirteen members of Carey Olsen's global trusts and private wealth practice have been recognised in the latest edition of the Chambers and Partners High Net Worth (HNW) guide – which is more ranked individuals than any other offshore law firm.
The firm also continues to be ranked as Band 1 for its trusts and private wealth practices in Bermuda, Guernsey and Jersey, while its Cayman Islands office is ranked Band 2.
Carey Olsen Bermuda's trusts and private wealth practice is described as 'a top firm for complex and sophisticated matters' and praised for its 'strong private client team that is able to handle complex matters'.
Carey Olsen's Guernsey office is 'at the top of their game', according to one source, while another notes the trusts and private wealth team's 'good breadth of knowledge to handle the toughest situations'.
The Jersey team is noted for its 'remarkable ability – from partner to senior associates – to quickly analyse a complex situation and give prudent, concise advice'.
The firm's Cayman Islands trusts and private wealth practice is praised for being 'wonderfully prompt in responding to enquiries and client matters' and for always doing so with 'a calm, pleasant and thoughtful approach'.
Russell, managing partner and head of the trusts and private wealth group in Guernsey, is described as 'exceptional', with the source also adding that it 'is rare to find such a balance between intellect, wisdom and pragmatism, while also being approachable and responsive'.
Keith is considered to be 'as good as it gets in terms of Bermuda advice', while another industry commentator recognises him as 'a leading figure in Bermuda' with a 'legal understanding second to none in the area of trusts'. Also ranked in Bermuda is counsel Ashley Fife (Band 2) who is noted as a 'solid non-contentious trusts lawyer with a wealth of experience'.
In Guernsey, Russell is joined in the rankings by Natasha Kapp (Band 2) who is described as 'a problem solver' and someone who provides 'clear, concise and practical advice', while Konrad Friedlaender (Band 2) is 'exceptional technically' and 'who you would call when things go wrong'. Counsel Patricia Montgomery (Band 3) is praised as 'a top-quality lawyer who focuses on detail'.
In the Cayman Islands, Bernadette Carey, partner and head of the trusts and private wealth practice, is ranked in Band 2 and considered 'one of the top trust lawyers on the island… and an all-round excellent lawyer'. Other members of the Cayman Islands team to be recognised are counsel Chris Duncan (Up and Coming) and Graham Stoute (Band 3). Chris has 'become a leader in trusts and crypto', with another source noting how he 'has an impressive ability to deal with complex issues'. Graham, who is also recognised in the 'Foreign expertise based abroad' section of the British Virgin Islands rankings, 'has a very intellectual mind and thinks about things a lot more than most, so he has interesting solutions'.
Jersey's head of the trust and private wealth practice, Siobhan Riley, is ranked in Band 2 and considered 'phenomenal to work with' as well as having an 'incredible ability to develop comprehensive advice on complex legal matters'. Fellow partners Alexa Saunders (Band 2), Keith Dixon and Andreas Kistler (both Band 3) are also ranked. Alexa is 'academic but also very practical, and has a very calm way about her', according to one industry source, while Keith's 'enthusiasm in seeking solutions and in helping trustees to best serve their clients is to be applauded'. Andreas is noted as a 'highly experienced individual' and as someone 'with an air that invites even mundane questions to be considered seriously and answered diplomatically'.
Chambers and Partners is one of the world's leading reference and ranking bodies for the legal sector, delivering in-depth independent research to identify and rank the most outstanding firms and practitioners.
Carey Olsen Bermuda Limited is a limited liability company incorporated in Bermuda and approved and recognised under the Bermuda Bar (Professional Companies) Rules 2009. The use of the title "Partner" is merely to denote seniority. Services are provided on the basis of our current terms of business.