Carey Olsen has been named Offshore Firm of the Year for the second successive year at the Chambers High Net Worth Awards.

Winners of the awards, which celebrate legal excellence in the world of private wealth, were announced during a virtual ceremony today and followed the publication of the 2020 edition of the Chambers and Partners High Net Worth guide earlier this year in which Carey Olsen continued to be ranked in more jurisdictions than any other offshore law firm and had more lawyers ranked individually than any competitor.

Within the guide commentary itself Carey Olsen was commended for ‘its technical excellence’, the ability to ‘handle the big-ticket work for major clients’ and praised for possessing a ‘great combination of technical excellence along with emotional intelligence and commercial pragmatism’.

Partner Keith Robinson, head of the firm’s Bermuda trusts and private wealth practice and the only lawyer in Bermuda to be ranked in Band 1 by Chambers HNW, said: “Our global trusts and private wealth team continues to go from strength to strength with expanding practices in Bermuda, the British Virgin Islands and Cayman Islands complementing our substantial presence in the Channel Islands.

“Winning this award for the second year in a row is not only testament to that fact but also deserved recognition for the hard work and endeavour of our trusts and private wealth teams and the continuing quality of the instructions from our clients.”

Carey Olsen has one of the largest trusts and private wealth teams in the offshore world with 50 partners and associates providing advice on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey to local and international clients and their advisers.

The firm is also a finalist for both the International Legal Team of the Year and Contentious Trusts and Estates Team of the Year categories at the upcoming Step Private Client Awards in December. With recognition in two categories, Carey Olsen is the only offshore legal provider to be shortlisted twice at a firm-wide level.