International law firm Bedell Cristin is to merge with Cayman-based law firm Solomon Harris in a move that anticipates future growth in the Cayman Islands.
The deal is expected to be finalised by the end of August, with Solomon Harris rebranding as Bedell Cristin at a later date.
Solomon Harris' legal expertise covers captive insurance and investment funds, capital markets, inward/local investment, private client services, corporate/residential real estate, immigration, litigation and insolvency & restructuring.
Bedell Cristin plans to grow its Cayman offering, and an expansion of the team is anticipated.
"The merger with Solomon Harris is an exciting, strategic move which extends our global footprint into another leading offshore jurisdiction. Solomon Harris has developed a reputation over 20 years as a top quality legal practice in Cayman, and we are delighted to have agreed terms to join forces with them," said David Cadin, global managing partner at Bedell Cristin.
"The ability to provide Cayman legal advice from an experienced team of Cayman based lawyers enhances the capabilities of our firm globally and will be particularly beneficial to our clients in the Far East and Middle East, many of whom access our services through our office in Singapore."
Sophia Harris, founding partner at Solomon Harris, added: "This move is a natural development in the growth of our business as we expand our horizons into new markets. Our common areas of focus, the strength of experience from Bedell Cristin and their presence in a range of leading jurisdictions, makes them an excellent fit, broadening the range of expertise available to our clients."
Bedell Cristin, Solomon Harris, Merger, Law firm, M&A, Cayman Islands