Private Client 2018: Trends Conclusions
WWL conducted research with leading private client practitioners across more than 50 jurisdictions, gaining valuable insight into the global market. Lawyers we spoke to noted continuing changes in the legal frameworks governing the space, and highlighted the political and economic influences on the market that work to drive governmental policy. Private client continues to be an attractive and interesting area for practitioners, who, from their interviews with us, clearly enjoy the complexity and cross-border nature of the work.
The value and challenges of transparency
While not a trend that has necessarily developed in recent months, practitioners continue to note the global drive towards transparency in the private wealth space, with serious questions continuing to be asked.
Following numerous high-profile leaks that shed light on the international world of wealth structuring, such as the Panama and