2021 Latin Lawyer Elite firm
Beccar Varela is one of the oldest firms in this market. It is also one of the largest and regarded as one of the top leaders across the board.
Despite the overall downturn caused by the covid-19 pandemic in 2020, the firm added associates and also promoted two to the partnership, strengthening its litigation and white-collar crime practice groups. Beccar Varela was a trailblazer as one of the first corporate law firms in Argentina to establish a white-collar crime and compliance practice. The firm also has significant strength in its non-transactional practice areas and stands out for its disputes and regulatory work. Other strong suits are insurance, labour and administrative law, and a growing data privacy practice.
Beccar Varela also launched a new fintech practice area in 2020 as demand grew in this field. Restructuring and distressed M&A were other areas of growth. The firm also made investments in cybersecurity and client relations. It is not stopping there – Beccar Varela plans to open a branch in a neighbouring country, further expanding services to its clients.
The firm counts major players as clients, including Argentinian financial institution Banco Galicia, telecoms giant Telefónica, payment platform Prisma Medios de Pago, US cosmetics maker Avon, French renewables company Total Eren, US food company Simplot, Chilean casino Enjoy and Canadian Solar.
Beccar Varela has considerable strength in corporate and M&A, banking and finance and capital markets work and in recent years has showcased those skills in a series of high-profile transactions. The firm has a particularly excellent standing in finance circles, and it picks up a lot of work from that sector.
Widely respected managing partner Horacio Beccar Varela is a keen moderniser and leads a forward-thinking partnership that favours consensus-driven leadership and encourages input from everybody. This has always been a strong partnership, which is important as Beccar Varela and the executive committee are currently planning for a handover of leadership when he steps down. The firm’s management also encourages senior lawyers to actively engage in strategy and perform leadership roles, which makes for a very dynamic and motivated firm.
The firm puts a high level of importance on corporate social responsibility. Beccar Varela is the only firm in this chapter that is a signatory to the United Nations Global Compact, an initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies. The firm also provides corporate sustainability due diligence. Beccar Varela has an established diversity commission that analyses ways of promoting gender and socioeconomic diversity in its ranks. In 2020, the firm provided unconscious bias training to all partners in the wake of global events marking the rise of the Black Lives Matter movement and launched its first sustainability report to improve the firm’s environmental impact.
Managing partner Horacio Beccar Varela steers the firm with an executive committee of six members.
Alliances & networks
Beccar Varela founded the Club de Abogados network and is a member. The firm works closely with fellow members Pinheiro Neto Advogados in Brazil, Gómez-Acebo & Pombo in Spain and VdA Vieira de Almeida in Portugal. Beccar Varela is also a member of the World Services Group, the International Network of Boutique Law Firms, Interlex and Aliança de Advocacia Empresarial (ALAE), an association of mostly Brazilian firms.
The firm's main office is in the capital, but it also has a branch in Tigre, a city in the outskirts of Greater Buenos Aires.