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:
“Magic is akin to science in that it always has a definite aim intimately associated with human instincts, needs, and pursuits. The magic art is directed towards the attainment of practical aims. Like other arts and crafts, it is also governed by a theory, by a system of principles which dictate the manner in which the act has to be performed in order to be effective.”
—Bronislaw Malinowski (1984–1942)
“There is all the difference in the world between departure from recognised rules by one who has learned to obey them, and neglect of them through want of training or want of skill or want of understanding. Before you can be eccentric you must know where the circle is.”
—Ellen Terry (1847–1928)