Firm Profile

Carey

Chile

Blue-chip titan

LL 250 Elite

Established: 1905

Partners: 44

Lawyers: 205


Female partners: 12%

Partner to associate ratio: 4

Work areas
24

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

Year on year, Carey maintains its leading position in Chile’s legal market. With an impressive number of lawyers and impeccable quality of legal advice, it is no wonder clients lavish this firm with praise. Carey’s impressive reputation and full-service offering have seen it thrive despite tough economic conditions in Chile. The firm reported growth in almost all its practice areas in 2022.

Carey has adopted a modern management style that promotes cross-selling via a compensation system aimed at fostering team spirit. The firm prioritises organic growth over senior-level lateral hiring and makes regular promotions to its partnership. The most recent of these in December 2022, saw the firm strengthen its environmental law and disputes offerings by promoting four associates. It has a strict “up or out” policy, which means all associates strive for top positions. It places huge importance on building cross-disciplinary teams and has other professionals such as accountants, economists and industry experts on its books to provide clients with a broad approach to their legal problems.

Despite projections that Chile’s economy will shrink in 2023, international investors continue to spend in Chile, keeping Carey’s M&A team busy. Its strong life sciences and venture capital are growing, while interest in the country’s green hydrogen projects has brought work and it has plans to expand its insolvency and compliance practices. The firm notes labour reforms and plans for a new Chilean constitution have channelled work into its administrative law and labour law practices.

Carey’s transactional offering lies at its core and is envied locally and internationally – its corporate and M&A, banking and finance, project finance and capital markets practices are all have excellent reputations. There are equally strong non-transactional offerings. Carey has the largest patent practice of any Chilean full-service firm and has established itself as a go-to name for life sciences and pharmaceuticals clients. Its agribusiness, consumer, family business, data protection, fintech and venture capital practice areas also help the firm stand far above many of its competitors.

The firm’s client list is probably the most extensive of any firm in Chile. According to a recent study, “Who Represents Latin America’s Biggest Companies”, published by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, Carey represents 25 of the region’s largest companies.

Carey is committed to tackling inequality and actively promotes diversity. The firm operates a mentorship programme aimed at supporting the careers of its female associates and enhancing their leadership skills. Recent promotions have seen the firm increase the number of female partners, although there is still progress to be made. Carey has also implemented a paternity leave that allows fathers of newborns to take up to 30 days of paid leave. The firm continues to invest in technology and has invested heavily in cyber security.

Clients routinely praise the lawyers at Carey for their knowledge, speed and consistency.

Management

Jaime Carey is the managing partner and one of Chile’s preeminent tax and M&A lawyers. He is supported by four other partners in Carey’s executive committee: Jorge Carey, Pablo Iacobelli, Óscar Aitken and Lorena Pavic.

Alliances and networks

Carey is a member of The Interlex Group, TerraLex, the World Services Group, the Pacific Rim Advisory Council and the Employment Law Alliance. It is the Chilean member firm of the Brazilian law firm network Aliança de Advocacia Empresarial, which has given the firm greater exposure to Brazilian firms outside the major cities of São Paulo and Rio de Janeiro.

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