Alfaro Abogados stands out for its global approach. While compact, the firm maintains an impressive international presence that puts it well ahead of the curve. It blazed the trail by becoming one of the first Argentine firms to open in New York more than two decades ago, and the first to open in China with a full-time partner. Alfaro took strides to expand its representation of Chinese companies in Argentina, particularly in large infrastructure projects, with Gezhouba and China Construction America being two new well-known clients.
Despite the covid-19 pandemic, the firm held on to its New York office with two partners and one senior counsel still based there permanently. Following the exit of the UK from the European Union, the firm hired a new partner – Pedro Lorenti – and stationed him in London to explore the future role of the EU and the UK in Argentine mining and infrastructure financing.
Complementing its global offices, Alfaro is using its participation in business associations in Australia, China, the US, Europe and Russia to build its brand further afield.
The firm also made several lateral hires in 2020, continuing its goal over the past few years to reinforce its mining capabilities. Former National Director of Mining Investments Diego Calonje joined the firm as partner last year. To boost its tax offering, the firm hired Federico Palavecino, former general counsel at gold and copper mining company Barrick Argentina. Before he became GC, Palavecino was tax director for South America at Barrick for 14 years.
Alfaro prefers to make lateral hires to grow, as the firm’s leaders believe hiring experts is an effective way to more rapidly service client demand than the more gradual process of training up junior lawyers.
The firm is best known for its corporate and finance work, but a broad service offering also encompasses energy, sports and entertainment, antitrust, labour and regulatory departments.
Alliances & networks
The firm is a member of the World Law Group.
Alfaro’s headquarters are in Buenos Aires, but the firm stands out for being one of the first Argentine firms to build a presence abroad. The firm has long operated from New York, and more recently added a presence in Beijing.