Isle of Man Law Society Isle of Man Law Society The Isle of Man Law Society is the professional body in respect of the advocates' profession in the Isle of Man. The Society is the longest established professional body in the Isle of Man, formed by the Law Society Act 1859 passed by Tynwald while the island's capital was still at Castletown. The Society was established to provide its members with access to a law library, which still exists at the Hall of the Society in Douglas and holds legal case histories and reference books. The Society's role has developed and, as well as dealing
Economy of the Isle of Man Economy of the Isle of Man The Isle of Man, one of the Crown dependencies, is a low-tax economy and offshore financial centre. Located in the Irish Sea, it is within the British Isles but does not form part of the United Kingdom or the European Communities. Insurance, online gambling operators and developers, ICT, and Offshore banking form key sectors of the island's economy. As of 2016, the World Bank assessed the island's Gross National Income (GNI) per capita at US$89,970. The Isle of Man Government's own National Income Report shows the largest sectors of the economy are insurance and