Ferrero Abogados and Delmar Ugarte have merged to form Philippi, Prietocarrizosa, Ferrero DU & Uría, which will count 44 partners and 319 lawyers, becoming one of the largest players in the Latin American market, acting under Prietocarrizosa & Uría’s operations.
Founded more than 70 years ago in Peru, Ferrero Abogados offers a wide range of business law services and is particularly recognized for its strengths in tax, labor and corporate law.
Its new partner, Delmar Ugarte, is a young and dynamic boutique law firm with experienced lawyers, mostly focusing on infrastructure and project finance. Notably, it also has a team dedicated to cases concerning Asia, making it one of the only firms in the region with an Asian focus.
Prietocarrizosa & Uría (PPU), in which Spanish giant Uria is a significant shareholder, has consolidated its strong position, having seen 15% growth in the year since it was established. Luis De Carlos, Uría’s managing partner, believes that: “integrating these two leading firms in the Peruvian market confirms that PPU is on the right path following its incorporation a year ago. The firm has been able to consolidate its position as a leading firm in the Pacific Alliance region and become one of the main firms in Latin America.”
The new entity will boast offices across the continent, in Santiago (Chile), Lima (Peru) and Bogotá and Barranquilla (Colombia).