The ferocity of competition in Latin America’s legal sector over the last decade has reshaped the region’s key markets. A genuine onslaught of factors – ranging from the challenges of institutionalisation and the arrival of international players to populist politics and the pandemic – has led to powerful change, eroding the former ‘magic circle’ groups …
‘In the blacksmith’s house, the knives are made of wood’ – a common saying in Central America, which encapsulates an enduring truth across legal markets in the region: for all the formal education, technical nous and practical experience that resides with their partners, firms often fail to apply the same focus they afford their clients …
Market developments around the region continue apace: in the Dominican Republic, where the recent tie-up between Squire Saunders and Patton Boggs will be particularly felt (the former Squire Sanders, Peña Prieto & Gamundi was a key market player), further movement has seen the departures of Marielle Garrigó and Fabiola Medina (from Pellerano & Herrera and …
