Biglaw

Baker & McKenzie Becomes First U.S.-based Law Firm with Office in Peru
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

On Monday, Baker & McKenzie acquired Peru law firm Estudio Echecopar to become the first U.S.-based law firm with its own office in Peru. Baker already has 14 offices across South America and with its Peru office, firmly  established its hold in the Andean mining-industry triangle of Peru, Chile, and Colombia.

Estudio Echecopar, is one of the most prestigious law firms in Peru with more than 100 lawyers and a practice dating back more than 60 years. Based in Lima, the capital of Peru, Estudio used to help corporate clients like Citibank, Deloitte, Bristol-Myers Squibb and others in their foreign transactions.

The Andean triangle of Peru, Chile, and Colombia has a strong base in mining industries and natural resources, and it has created a loose but de facto common economic zone by free-trade ties and by merging stocks to help investment. According to Eduardo Leite, the Baker & McKenzie Chairman, the Andean triangle countries are set to experience rapid economic growth, possibly surpassing both Brazil and Mexico, which have been past favorite destinations for U.S. investment.

  
What
Where


Eduardo’s assertions are backed by the actions of other law firms including Holland & Knight which opened an office in Bogota, Colombia, this May. As reported by Reuters, in a telephone interview with a Reuters representative, Robert Pupo, chairman of Holland & Knights’ Latin America practice said, “Many Colombian companies have reached a level of maturity; rather than doing work just in the country, (they) are doing work out of South America and inbound into the U.S.”

The Andean triangle, with a relatively smaller population of 87 million (Brazil and Mexico has 400 million combined) as of 2011, and with tourist attractions, untapped resources, and economic ambitions, is expected to continue to draw U.S. investment. Peru’s capital Lima is still known to focus mostly on domestic clientele, but with Baker & McKenzie opening shop, big investors cannot be far behind.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Real Estate Transactional Attorney with 4-12 years of leasing experience

USA-CA-Orange

Irvine office of our client seeks real estate transactional attorney with 4-12 years of experience. ...

Apply Now

Attorney with 4+ years of employment law experience

USA-CA-San Francisco

San Francisco office of our client seeks attorney with 4+ years of employment law experience. The ca...

Apply Now

IP/Technology Transactions Counsel/Junior Partner with experience

USA-NY-New York City

New York City office of our client seeks IP/technology transactions counsel/junior partner with expe...

Apply Now

Global Sourcing and Technology Attorney with 2-4 years of experience

USA-TX-Dallas

Dallas office of our client seeks global sourcing and technology attorney with 2-4 years of experien...

Apply Now

RELEVANT JOBS

Environmental Associate

USA-NJ-West Orange

Chiesa Shahinian & Giantomasi PC has an immediate opening for an environmental associate to join our...

Apply now

Corporate / Commercial Attorney | Lebanon, NH

USA-NH-Lebanon

Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Revenue Officer Iii

Philippines-Quezon-Quezon City

Revenue Officer III The candidate should have BS Commerce/BSBA Major in Accounting or Bachelor of L...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top