Araquereyna stands out for its unique business style, leading labour practice and excellent client feedback. Besides its elite labour division, its corporate and disputes groups are both highly regarded, as are its real estate and tax departments. Quality is high across the board and its top partners are accustomed to the toughest of mandates, making the firm an excellent choice for companies wishing to enter or exit Venezuela.
Despite Venezuela’s ongoing economic difficulties, the firm’s headcount remains steady. Notably, the firm hired a former Baker McKenzie (Venezuela) partner as co-head of its public and regulatory law department in 2022.
Appetite for foreign investment in Venezuela has waned and international sanctions are piling up, but Araquereyna remains optimistic. Partners encourage an innovative way of thinking to survive in a challenging environment, continuing to win a healthy share of the limited work available.
The firm is also continually retained by international law firms in the US and Europe seeking advice on banking, capital markets, exchange-control regulations and principles on banking contracts in Venezuela.
The firm has an online platform called Widú Legal, launched to give companies and individuals easy access to certain legal documents (such as lease agreements and employment contracts).
The firm is based in Caracas and has an office in Valencia that primarily focuses on labour law and litigation.
Alliances & networks
The firm has a strategic alliance with local IP firm Bolet & Terrero and is a member of the independent law firm network Mackrell International.