The Nicaragua office of Central American firm Arias combines a broad service offering with its solid regional presence and impressive reputation among clients, allowing the firm to retain its position amongst the best in this market. Its transactional strength stands out in Managua but its non-transactional practice areas are not to be underestimated though. It fields an impressive litigation team, as well as a solid tax practice group. The firm often combines these resources with customs law advice. Labour, energy and real estate capabilities are also on offer. Compliance advice is also frequently sought out by clients not just in the local office, but across the region, with an increasing number of mandates regarding money laundering, compliance tax, customs, and competition law landing in the firm’s footsteps.
Arias’ broad offering goes hand-in-hand with its client-centric approach, prioritising investment in home-grown talent, as well as in technology, to render more efficient services. The firm believes that organic growth fosters a stronger sense of the firm’s culture, and as such, the focus is placed on attracting the right talent straight from law school.
Meanwhile, Arias continues to dedicate resources to technological improvements across its regional platform. Over the past year, the firm has developed a software platform to facilitate uploading and tracking of ongoing cases, and its priority for 2022 has been to add to this platform further, including all pro bono matters.
Arias has also been making a concerted effort to institutionalise its pro bono efforts across the region, having divided these mandates into three core pillars: end of poverty, diversity, inclusion, and sustainability. The firm’s sustainability efforts have also picked up in 2022, with a partner based in Costa Rica leading Arias’ sustainability services and ESG practice across the region. The addition of an environmental engineer to train the firm’s teams across the region on matters of biodiversity, energy efficiency and carbon intensity is set to further enhance its green credentials. The firm’s goal is to become a net-zero company and it is already hard at work to achieve this, including establishing a carbon footprint inventory to then identify measures to reduce it.
The firm’s tireless commitment to improving its services has not gone unnoticed by clients, who laud the group’s timely, proactive responses and in-depth advice.
Although the firm’s cohesive, multi-jurisdictional offering is often mentioned enviously by the firm’s competitors, the partnership is constantly working to improve things further. A three-member management council heads the regional leadership. It is responsible for ensuring a smooth managerial transition from one generation to the next and has office integration as one of the management’s top priorities. The firm’s strong regional presence combined with its commitment to quality and gender equality – 50% of its partners are women – make it a 2023 Latin Lawyer Elite firm.
Arias is managed at a regional level by Armando Arias, based in El Salvador, and an elected management council composed of three women partners, Costa Rica’s Carolina Flores, Guatemala’s Liz Gordillo and El Salvador’s Roberta Gallardo. Ana Teresa Rizo is the managing partner in Nicaragua. A management committee, comprised of all managing partners across the region, is also involved in running regional operations.
Arias has seven offices in the capital cities of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, along with an additional office in San Pedro Sula, Honduras.
Alliances & networks
The firm is a member of the Pacific Rim Advisory Council and the World Law Group.