"We are a small market, the traditional large firms are still the
same," one partner says commenting on the current status of the Bahamas'
legal market. Since the island is too small a jurisdiction to have
highly specialised law firms, most of the operators in the country are
CONTEXT AND TRENDS
The Bahamas' economy began to turn around a little bit at the end of 2011 and the beginning of 2012, as one lawyer says: "Our recovery is going to be slow and steady, very linked to the US economy."
Tourism and financial services are the two main pillars of the Bahamian economy....