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:
“I revere the memory of Mr. F. as an estimable man and most indulgent husband, only necessary to mention Asparagus and it appeared or to hint at any little delicate thing to drink and it came like magic in a pint bottle; it was not ecstasy but it was comfort.”
—Charles Dickens (1812–1870)
“That three times five is equal to the half of thirty, expresses a relation between these numbers. Propositions of this kind are discoverable by the mere operation of thought, without dependence on what is any where existent in the universe. Though there never were a circle or triangle in nature, the truths, demonstrated by Euclid, would for ever retain their certainty and evidence.”
—David Hume (1711–1776)