2021 Latin Lawyer Elite firm
Costa Rican heavyweight BLP is building up a solid offering year by year in El Salvador, although the local management went through some changes in 2020. Respected corporate lawyer Ricardo Cevallos stepped down from the partnership and is now special counsel, spending most of his time in Dallas, where he attracts clients interested in investing in Central America. BLP’s local office is now led by banking virtuoso Zygmunt Brett, who joined in early 2020 from Arias. He brought two associates with him, one of whom is now a non-equity partner.
BLP’s speciality in El Salvador is corporate and M&A law. That has not changed, but banking and finance is increasingly becoming a stronghold, following recent hires. Tax advice is also offered, while labour law services have provided an important source of revenue lately.
A litigation partner left the firm in 2020 and remains as an external counsel when needed. However, the firm is keen on adding to the litigation and IP practice groups although plans for that are on hold due to the pandemic.
BLP has offices in all five Central American countries, allowing the Salvadorian office to rely on a regional presence as a source for work. The firm is a 2021 Latin Lawyer Elite Firm in Central America thanks to the firm’s rounded approach to law firm management, which emphasises technology, innovation and flexibility, as well as its strong position in transactional work. Its horizontal structure and attractive working environment for lawyers have enabled it to expand rapidly across the region and become a market leader. The firm is also the go-to firm for many large businesses in Latin America. According to a study, ‘Who Represents Latin America's Biggest Companies’, published by Latin Lawyer’s affiliate, the Latin American Corporate Counsel Association, BLP – as a regional law firm – represents 14 of 100 of the biggest companies in Latin America, making it the most popular firm among these clients in Central America.
Costa Rican partner Luis Castro is the firm’s regional managing partner. He sits on the regional managing committee alongside David Gutiérrez, Eduardo Calderón, Zygmunt Brett, Luis Ruiz, José Alvarez and Ernesto Rizo. Zygmunt Brett is the local managing partner in El Salvador.
BLP operates from the country’s capital in El Salvador. The firm has offices in Guatemala, as well as the Honduran cities of Tegucigalpa and San Pedro Sula and Nicaragua’s capital, Managua. The firm’s largest office is in San José, Costa Rica, where it also maintains an outpost in Los Sueños and two newly opened offices in Guanacaste. A representative office in Madrid was added in 2017.
Alliances and networks
BLP is a member of international law networks Meritas, State Capital Global Law Firm Group and the International Network of Boutique Law Firms.