The financial services industry is not dead, The Bahamas simply needs to readjust their model to accomodate innovative products. There are also many Bahamians that speak two or three languages and many of these Bahamians are in fact young attorneys. The overarching problem that exists in our system is equal access to opportunities by the most talented, who are often seen as threats to more established players. For these individuals who can compete internationally, what is the motivation to come home and build on a system intent on remaining the same? The issues that we face now as a country or that the legal industry faces should have been foreshadowed years ago--whilst I agree that we need more specialist lawyers I disagree that it should be in the area of trusts law where The Bahamas has had an established industry since the 1960s. A dearth of local talent says that there has been no succession planning at the industry level for persons to be leaders; commencing with thought leadership, a Chancery or Commercial Bar Association, a dedicated academic arm at the Univeristy of the Bahamas, celebrated Bahamian jurists, or a judiciary that actively publishes important jurisprudential rulings--of which the Bahamas has many.
hoopballer9 says...
The financial services industry is not dead, The Bahamas simply needs to readjust their model to accomodate innovative products. There are also many Bahamians that speak two or three languages and many of these Bahamians are in fact young attorneys. The overarching problem that exists in our system is equal access to opportunities by the most talented, who are often seen as threats to more established players. For these individuals who can compete internationally, what is the motivation to come home and build on a system intent on remaining the same? The issues that we face now as a country or that the legal industry faces should have been foreshadowed years ago--whilst I agree that we need more specialist lawyers I disagree that it should be in the area of trusts law where The Bahamas has had an established industry since the 1960s. A dearth of local talent says that there has been no succession planning at the industry level for persons to be leaders; commencing with thought leadership, a Chancery or Commercial Bar Association, a dedicated academic arm at the Univeristy of the Bahamas, celebrated Bahamian jurists, or a judiciary that actively publishes important jurisprudential rulings--of which the Bahamas has many.
On QC: Bar must open for financial services
Posted 19 September 2018, 9:13 p.m. Suggest removal
hoopballer9 says...
Renward worked in the Ministry of Works for years without incident.
On New Cabinet is sworn in
Posted 16 May 2017, 9:56 a.m. Suggest removal