⚖Offshore law firm Appleby explained (briefly)
What is Appleby?
Appleby was set up in 1898
It is a prestigious offshore law firm that has won several awards
Corporate law firm of the year in 2015
Has won Offshore Law Firm of the Year
Sees itself as an Industry leader
It’s part of the Offshore Magic Circle (an informal collection of the world’s biggest offshore law firms that jostle for the same business).
It makes $100 million in revenue per year annually
Has more than 400 employees globally
It is “hard-working” and “friendly.” according to clients
What does Appleby do?
Sets up shell companies
Establishes trusts
Drafts wills
Litigates for workplace accidents
Divorce settlements
Advises corporations
Where does Appleby work?
Founded in Bermuda
Majority of its work is in North America (each of the 50 states)
Hong Kong office established in 1990
Office in most tax havens: Cayman Islands, Isle of Man, Mauritius
First offshore law firm to open an office in mainland China
Who are Appleby’s clients?
KPMG
EY (formerly Ernst & Young)
PricewaterhouseCoopers
Uber
Apple
Nike
Glencore
In 2014 its top 20 clients included these major banks:
Citigroup
Bank of America
HSBC
Credit Suisse
Wells Fargo
– International Consortium of Investigative Journalists
https://www.icij.org/blog/2017/11/offshore-law-firm-appleby-explained-briefly/