Dentons Cardenas & Cardenas has expanded its presence in Colombia with the opening of a new office in Medellín, the country’s second-largest city.
The new office is the 22nd the law firm has opened worldwide in recent months, and gives the firm the largest presence in Latin America and the Caribbean of any law firm, with offices in 25 countries in the region, part of its global network of 189 locations in 77 countries.
"Since entering the region in 2016, Dentons has focused on combining with elite firms which are in and of their communities to build our presence across Latin America and the Caribbean," Jorge Alers, the firm’s Latin America and the Caribbean Region CEO, said.
"Our new office in Medellín, part of Dentons Cardenas & Cardenas, will further enhance our regional client offering," he said.
Medellín is the capital of Antioquia with a population of more than 2.5 million people, and the city contributes 14.6% to Colombia's GDP, which was $323.8 billion in 2019. The city’s main economic activities are textile, financial services, food and beverages, infrastructure, and trade.
Medellín's city council has created an Agency for International Cooperation and Foreign Investment, which aims to attract $850 million of foreign investment between 2020 and 2023, attracting a total of $22.8 million in the first four months, Dentons said.
"As the second largest business center in Colombia many of our largest clients are based or have operations in Medellín," Bernardo Cárdenas, managing partner of Dentons Cardenas & Cardenas, said.
"Our new office in Medellín will allow us to better serve clients in this important market and help us to connect clients around the world to opportunities in Medellín," he added.
The firm’s Medellín office will offer multidisciplinary advice to clients, focusing on corporate, litigation and dispute resolution (including arbitration), and will coordinate work with the Bogotá office for these areas and others, including tax, labor and employment, intellectual property, banking and finance, and infrastructure.