Cariola, Díez, Pérez-Cotapos is one of Chile’s foremost transactional firms. It adeptly handles complex cross-border matters and its M&A and banking & finance offerings are envied by competitors and continue to attract local and international clients from a variety of sectors. Founded before the turn of the twentieth century, it may be one of the oldest firms in the market, but that has not stopped Cariola Díez from adapting; its solid focus on technology law helps it stand out from others in this chapter, for example. Its rich history, combined with its modern, forward-looking approach leave clients satisfied.
Foreign investors quick to snap up assets in Chile and pour money into local projects have kept Cariola Díez’s M&A group extremely busy in recent years. Technology and start-up activity boomed this year, for which the firm’s recently formed technology, privacy and media practice group was well-positioned. With a mix of lawyers and technology engineers, the team advises on IT, data privacy, start-up, copyright, blockchain and cybersecurity work. The firm also has an alliance with KPMG to provide data protection and cybersecurity services to its clients. The successful IP practice – run through affiliate Sargent & Krahn – remains a stable source of work and was bolstered in 2023 with a partner promotion. The firm’s antitrust, mining, litigation and labour practices also stand out.
The firm places great importance on collaboration and a holistic approach. All teams work across practice areas, which management believes helps with talent retention, as young lawyers work with a range of partners on different matters.
Cariola Díez has made tangible efforts to increase diversity and foster gender equality in recent years. The firm now has three female partners and is looking at other ways to do more to help women progress in their careers.
The firm has recently introduced a mentoring scheme to help nurture a positive and supportive working environment between lawyers of all levels. The programme pairs individuals together, allowing younger associates to learn from more experienced practitioners.
As the partnership continues to expand, management expects the firm to switch to a more institutionalised approach in the next few years. Currently, each partner contributes actively to the administrative running of the firm.
According to the latest research into “Who Represents Latin America’s Biggest Companies”, conducted LACCA, the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, Cariola Díez represents 12 of the region’s 100 biggest companies.
Cariola Díez receives rave reviews from clients. One praises the firm for its promptness and professionalism.
In January 2024 the firm announced that it has appointed co-founder Carlos Pérez-Cotapos as its new managing partner, replacing outgoing leader Juan Pablo Matus. Francisco Javier Illanes assists in his capacity as senior partner.
Alliances and networks
Cariola Díez is a member of the global commercial law firm networks Interlaw, Advoc and L&E Global.