Teji | Cowie Marks First Year With €1.5bn in Superyacht Matters

First-year matters span more than 25,000 GT

Superyacht law firm Teji | Cowie says it advised on matters representing approximately €1.5 billion in yacht value during its first year of operation. The same anniversary figures put the combined vessel tonnage involved at more than 25,000 GT, giving a useful indication of the scale of transactions and projects handled since the firm launched in September 2025.

The figures describe matters advised on rather than revenue or yacht sales completed directly by the firm. Legal work can cover new-build contracts, refits, purchases and sales, finance, ownership structures, registration, charter, crew issues and disputes, so the total value represents the underlying yachts and transactions rather than the law firm’s own turnover.

London and Hong Kong support an international client base

Teji | Cowie operates from London and through an affiliated Hong Kong presence, reflecting the international structure of large-yacht ownership and construction. The firm says both teams have expanded during the first year and that further appointments are planned as it builds capacity in Europe and Asia.

That geographic spread is relevant because a single superyacht transaction can involve an owner in one jurisdiction, a yard in another, finance elsewhere and a flag administration in a fourth. Lawyers working in the sector therefore need to coordinate commercial and regulatory requirements across borders rather than treating the yacht as a purely domestic asset.

Business model removes conventional hourly billing

The firm says it launched with a model that does not rely on traditional hourly billing and instead places senior lawyers directly on matters. It also describes its workflow as technology-led, with an emphasis on cost clarity and moving transactions toward signing rather than measuring the amount of lawyer time consumed.

That approach is part of a wider shift in professional services around the superyacht market, where owners and family offices increasingly expect clearer project control from lawyers, managers, surveyors and technical advisers. Whether a fee model is appropriate still depends on the complexity and risk of the individual matter, but the first-year figures show that Teji | Cowie has applied its structure across substantial yacht values.

Second year begins during the autumn show circuit

The firm’s founders have been active across the 2026 international yacht-show calendar and are attending the September Cannes and Monaco events. Those shows bring together owners, brokers, yards, designers and finance specialists, making them important meeting points for legal advisers involved in transactions already under negotiation.

Teji | Cowie enters its second year with further hiring planned and the same focus on the full ownership lifecycle. For SYG readers, the anniversary numbers provide a rare quantitative snapshot of the legal workload behind high-value yacht construction, ownership and sale activity rather than another measure of yacht production alone.