Recruitment
Make the Move – Working as a Lawyer in the Cayman Islands
Kevin Sinnott, Managing Director
Having lived in a number of large international cities – I for one know how daunting and challenging living in a big city can be. Rush hour traffic, long commutes, squeezing onto trains and buses like human sardines… the list goes on.

The beauty of offshore is that for one, long commutes don’t exist. For example Cayman Islands is approximately 22 miles long with an average width of around four miles. Imagine all you could do with that extra time on your hands if you didn’t have a lengthy commute…

In the Cayman Islands, the practice areas in demand are usually:

  • Corporate/M&A
  • Funds
  • Banking and Finance
  • Dispute Resolution
  • Insolvency & Restructuring

 

To work in the Cayman Islands all prospective candidates must be common law qualified and most firms require that candidates have been qualified for at least 3 years. To obtain a visa you will also need to show that you have actually been offered a role by an offshore firm i.e. you have signed a contract. All of our clients are extremely helpful throughout this process and will guide you every step of the way.

Firms in the Cayman Islands are just as competitive as firms elsewhere. Teams tend to be a lot leaner, which gives lawyers the opportunity to gain invaluable partner time, as well as time to engage with other groups within the firm more frequently. Law firms in the Caymans have a high threshold for who they hire due to the complexity of offshore legal systems meaning that you will have the opportunity to learn and work with talented lawyers qualified in multiple jurisdictions.

 

 

Remuneration

From a financial standpoint, working in the Cayman Islands is very lucrative. Most firms pay competitively in comparison to the top tier firms in Australia and the Magic/Silver Circle firms in the UK.

Tax

The Cayman Islands are widely regarded as an offshore financial haven, this is largely due to the fact that it is a tax-free jurisdiction.

Cost of Living

According to recent statistics, the cost of living on Grand Cayman is 23% higher than the cost of living in Sydney.

Climate

The islands have a tropical climate and are warm year-round. August is the hottest month with temperatures averaging 30°C. January is the coldest month, but it is still warm with average highs of 25°C.

Location

The Cayman Islands are a British Overseas Territory located in the Caribbean Sea. They are made up of three islands: Grand Cayman, Cayman Brac and Little Cayman.

From Sydney you can expect a flight time of approximately 22 hours to get you to the Caymans.

Miami, Florida is around a 70-minute flight from the Islands, and Cuba is only a 40-minute flight away.

5 Facts about the Cayman Islands

  • The Islands are a diver’s paradise, with over 150 dive sites to choose from
  • The Caymans have more registered businesses than people (population is around 60,000)
  • There is a place called Hell on Grand Cayman, complete with its own velour-clad devil and a post office so that you can send postcards from Hell!
  • The world-famous ‘Seven Mile Beach’ is actually only 5.2 miles long
  • The Firm, starring Tom Cruise was filmed on Grand Cayman

Current Job Opportunities in the Cayman Islands

Corporate Lawyer

Associate – Dispute Resolution 

“If your dreams don’t scare you, they are not big enough”
– Muhammad Ali

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