2021 Latin Lawyer Elite Firm
The Honduran team is BLP’s largest outside of Costa Rica, and the branch offers comprehensive services. Its forte is in corporate and tax law, but its IP practice is remarkable too. Labour law services are also available, while its finance team is growing in visibility. BLP’s presence across Central America ensures a one-stop service for clients.
BLP launched its Tegucigalpa office after it entered El Salvador and Nicaragua, hiring teams from two firms. The result was a far larger office that began with six partners and multiple associates, as well as an outpost in the industrial city of San Pedro Sula. This gave it a running start and made it one of the biggest players by headcount in this chapter. The office has only continued growing since.
After a few years in the Honduran market, it has increased its visibility, landing work on big-ticket M&A and finance transactions, which recently included advice to IDB Invest in a large loan to a local textile manufacturer. Like many other firms, it also secured a fair share of the work in the country’s booming renewables sector some years ago, allowing the local branch to build on its project finance and energy capabilities.
BLP is a 2021 Latin Lawyer Elite firm thanks to its well-rounded approach to law firm management. Its horizontal structure and attractive working environment for lawyers have enabled it to expand rapidly, attract talent and become a market leader.
That market-leading position is also shown in the firm’s client list. According to in-house counsel research conducted by Latin Lawyer’s affiliate, the Latin American Corporate Counsel Association, BLP – across Central America – represents 14 of the 100 biggest companies in Latin America. This makes it the most popular firm among these clients in Central America.
Costa Rican partner Luis Castro is the firm’s regional managing partner and sits on the regional managing committee alongside David Gutiérrez, Eduardo Calderón, Zygmunt Brett, Luis Ruiz, José Alvarez and Ernesto Rizo. José Alvarez is the local managing partner in Honduras.
BLP has a base in Tegucigalpa, as well as an outpost in San Pedro Sula. Outside of the country, the firm has offices in San Salvador, Guatemala City and Managua. The firm’s largest office is in San José, Costa Rica. There, it maintains one real estate outpost in Los Sueños and two newly opened offices in Guanacaste. The firm established a representative office in Madrid in 2017. Since 2019, a special counsel is based in Mexico City who focuses on business between Mexico and Central America.
Alliances & networks
BLP is a member of international law networks Meritas, State Capital Global Law Firm Group and the International Network of Boutique Law Firms.