Firm Profile

BLP (Honduras)

Honduras

Transactional power with regional coverage

LL 250 Elite

Established: 2015

Partners: 6

Lawyers: 26


Female partners: 32%

Partner to associate ratio: 3.1

Work areas
4

This firm is elite for services in the following work areas.

BLP’s Honduras team is its largest outside of Costa Rica, with the branch offering comprehensive services with the backing of the firm’s established presence across Central America, making it a one-stop shop for clients.

Corporate law continues to be a firm stronghold for BLP (Honduras), with the firm frequently landing a spot on cross-border deals involving multilateral financial institutions. Meanwhile, the office’s non-transactional prowess is also noteworthy. Tax law, as well as IP and labour law services, are all offered here, while the renewable energy market in the country has provided an increase in mandates over the past year for the team.

BLP hit the ground running when it opened in Honduras when it hired six partners and several associates from two local firms. The result was a sizable headcount strategically spread across Tegucigalpa and San Pedro Sula. It has grown ever since and won places in some of the country’s and indeed, the region’s largest mandates. BLP (Honduras) joined counterparts in Costa Rica, El Salvador and Guatemala to help Avianca emerge from its Chapter 11 restructuring process and eliminate debt worth more than $1 billion. This matter won the Latin Lawyer Deal of the Year in the category of restructuring in 2021.

Across the region, BLP has been keen on pooling its resources into technological investments, including developing software intended to provide a client quote based on a calculation, as well as investing in its accounting and billing software in recent years, and rolling out an AI platform for the automation of notary public services.

Regional consolidation also remains high on BLP’s agenda, with a strategic plan for the region already established, as well as individual plans for each office.

The firm’s broad service offering has been appreciated by clients, evidenced by its popularity among Latin America’s largest companies. According to in-house counsel research conducted by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, BLP – across Central America – represents 16 of 100 of the biggest companies in Latin America. This makes it the most popular firm among these clients in Central America.

Thanks to its well-rounded approach to law firm management, as well as a horizontal work structure and attractive environment for lawyers, the firm has been able to expand rapidly and attract substantial talent, solidifying BLP’s position as a market leader and 2023 Latin Lawyer Elite firm.

Management

Costa Rican partner Luis Castro is the firm’s regional managing partner and sits on the regional executive committee alongside David Gutiérrez and Eduardo Calderón. The firm also has a wider regional managing committee formed of executive committee members as well as Zygmunt Brett, Luis Ruiz, José Alvarez, Ernesto Rizo and Karla Aguilar. Alvarez is the local managing partner in Honduras.

Offices

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 outposts in Los Sueños and Guanacaste. The firm established a representative office in Madrid in 2017. Since 2019, a special counsel is based in Mexico City and focuses on business between Mexico and Central America.

Alliances & networks

BLP is a member of international law networks Interlaw, Meritas, SCG Legal and World Services Group.

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