2021 Latin Lawyer Elite Firm
Consortium Legal is one of the leading firms in the Salvadorian legal market. Banking and finance is the signature practice for the firm across the region, and El Salvador is no exception. This is backed by strong capital markets and corporate and M&A divisions, which rake in large amounts of work even in quieter years. Consortium’s solid offering goes further than that, however. The litigation practice guarantees a premier service, while the IP and tax departments are growing. The labour department is also a reliant force, although it has lost some firepower due to the passing of an eminent practitioner and partner in 2019.
Unsurprisingly, the firm gains good client reviews. Companies that have hired the firm praise its lawyers for their experience, knowledge and response times. Despite the pandemic, the firm has added new associates in the banking, corporate and litigation areas. The firm highlights its lawyers’ sectoral specialisation, something that often helps the firm to win clients despite slightly higher costs.
Consortium Legal, one of the original leading Central American firms, continually makes efforts to keep its offices in step. A regional managing director works hard to improve corporate governance, coordination of deals and strengthen the commercial and cultural links of its various offices. The implementation of a career plan across all jurisdictions has been a key focus in 2020. Another emphasis is to establish regional practice groups, through which the best sectoral and legal knowledge can be applied across all countries. The latest addition is a compliance department, led by a team in Guatemala. The firm’s regional prowess, commitment to improving its management, practice area coverage and specialist lawyers make it a strong market player and a 2021 Latin Lawyer Elite Firm in Central America.
Companies in the region are well aware of the firm’s capabilities, as shown by a study, ‘Who Represents Latin America's Biggest Companies’, published by Latin Lawyer’s affiliate, the Latin American Corporate Counsel Association. Consortium – as a regional law firm – represents 12 of 100 of the biggest companies in Latin America. This makes it one of the three most popular firms among these clients in Central America.
Maintining a focus on skills, Consortium Legal is sending a growing number of lawyers to work in-house for clients and associates’ further education is supported and encouraged. While a year scarred by the global health emergency has not allowed much investment, the firm is well aware of legal tech and AI opportunities that will eventually be in play in El Salvador.
Regional managing director Valeria Di Palma coordinates the offices and works on office integration between the five Central American jurisdictions. She reports to the board and the executive committee, which is represented by several partners from each country. Oscar Samour and César Ramos share the managing partner role in El Salvador. Guatemala-based partner Álvaro Castellanos replaced José Evenor Taboada in Nicaragua as the firm’s president in 2020.
Consortium has six offices across Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, one in each capital and an additional outpost in the Honduran industrial city of San Pedro Sula.
Alliances & networks
The firm is a member of global law network World Services Group.