EY launches law office
The Bermuda office of professional services firm EY has added another string to its bow.
EY Law has launched, adding legal advisory services and legal managed services to the organisation’s range of services.
Bill Bailey and Alison Dyer head up EY Law.
Mr Bailey, managing partner, EY Bermuda Ltd, and regional tax leader, said: “Since the launch of EY Law, feedback has been tremendously positive and encouraging.
“Everyone we’ve spoken to has welcomed EY’s willingness to invest in the jurisdiction and bring more clients to Bermuda.”
Ms Dyer is an associate partner at EY Law (Bermuda) Ltd.
The company said: “EY Law was launched to meet demand for all-round, comprehensive solutions for businesses seeking holistic guidance in an increasingly complex tax and regulatory environment.
“Our market differentiator is our access to EY’s uniquely powerful global network of world-class advisers.
“The initiative behind EY Law is to expand, enhance and extend the growth of EY’s existing services.
“We bring an umbrella approach to legal, regulatory and tax considerations with an international mindset, as we work to provide solutions tailored to the needs of our clients in the region.”
EY said its tax and law teams were positioned to provide services ranging from economic substance legislation, FATCA (Foreign Account Tax Compliance Act), CRS (Common Reporting Standard), and BEPS (Base Erosion and Profit Shifting) matters to transactional and deal-related work.
The company said: “Our holistic guidance helps drive strategic business decisions while offering support services that increase efficiency and reduce costs of routine legal activities.”
It added that the company’s lawyers worked alongside professionals from other EY teams – assurance, consulting, strategy and transactions, and tax.
This sector-focused, multidisciplinary and cross-border approach effectively closes the gap between business advisers and legal counsel to provide clients with the informed services they need, EY said.
Through global scale and connectivity, the firm said, it could help clients navigate the complex regulatory maze, take advantage of emerging opportunities and achieve desired outcomes.