Guatemala market overview
Guatemala’s border with Mexico and its comparatively large economy have resulted in a more complex legal market than some of its regional neighbours. Several large local firms are busy enough to thrive without the need for the regionalisation strategies adopted by most other firms in Central America. By way of example, the largest firms listed in this chapter are local outfits QIL+4 Abogados and Carrillo y Asociados. Both are strong performers and rely on alliances or referral schemes rather than a network of offices in the region. They compete comfortably with familiar regional names like Aguilar Castillo Love, Arias, BLP and Consortium Legal.