The offshore magic circle refers to a number of law firms practicing in offshore jurisdictions which are considered to be amongst the leaders in the field. The term was adopted as an imitation of the more well-recognised London Magic Circle law firms. The concept of an offshore magic circle was first suggested in the wake of a series of cross-jurisdictional mergers and expansions by various firms.
Although there is some disagreement over exactly who should constitute the offshore magic circle, an article in 2008 in Legal Business suggested that an offshore magic circle might constitute the following firms:
- Appleby
- Bedell
- Carey Olsen
- Conyers Dill & Pearman
- Harneys
- Maples and Calder
- Mourant Ozannes
- Ogier
- Walkers
Read more about Offshore Magic Circle: Criticism, Endorsement, Multi-jurisdiction Firms
Famous quotes containing the words magic and/or circle:
“Both magic and religion are based strictly on mythological tradition, and they also both exist in the atmosphere of the miraculous, in a constant revelation of their wonder-working power. They both are surrounded by taboos and observances which mark off their acts from those of the profane world.”
—Bronislaw Malinowski (1884–1942)
“we are the circle of the crazy ladies
who sit in the lounge of the mental house
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—Anne Sexton (1928–1974)