Regulation & Law

Dentons to Combine With Firm in Peru

The world`s largest law firm continues its push in Latin America

The world`s largest law firm continues its push in Latin America


Dentons, the world's largest law firm, with over 6,500 lawyers in 50 countries, voted to approve a combination with Gallo Barrios Pickmann in Peru, one of the strongest and fastest-growing economies in Latin America.

 

The combination is part of Denton’s push to strengthen its presence in Latin America, and comes on the heels of its alliance with Vella Pugliese Buosi Guidoni in Brazil and the launch of Dentons Munoz (Costa Rica) Dentons Lopez (Mexico) and Dentons Cardena & Cardena (Colombia).

 

Commenting on the decision, the CEO of Dentons, Elliott Portnoy, said "This combination with Gallo Barrios Pickmann demonstrates that we are becoming one of the leading firms in Latin America, where we are growing faster than any other law firm.”

 

The Global Chairman of Dentons, Joe Andrew, also shared his point of view: “Dentons bolsters its standing as the leading law firm--and not just the largest law firm--in the world with this high-quality combination.”

 

According to a press release issued by Gallos Barrios, the combination will enhance the expertise and reach of the resulting operation in key business sectors and practice groups, including banking and finance, corporate dispute resolution and litigation; labor, employment and migration; mining and natural resources and tax.

 

Julio Gallo, partner of Gallos Barrios, added: “Given Dentons' polycentric approach, this combination will preserve our roots in the local community and the attributes that have helped us become one of the top firms in Peru.”

 

The combination will be completed in 2017, but neither firm has provided a specific date for the launch of the new operation. 

 

C.S.

Read the full Special Report: Peru: International Firms Reshaping Legal Market

Peru is considered one of the leading emerging markets in the region in terms of economic development and despite the economic slowdown the prospects are better than in neighboring countries. According to the IMF Peru will grow at a faster rate than Chile, Colombia and Mexico. The recently elected president should provide a basis for this notably through several infrastructure projects that should launch in the coming years.

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