2021 Latin Lawyer Elite Firm
Consortium Legal has unparalleled leadership in the local banking and finance market, comfortably making it one of the top firms in Honduras for high-value transactional deals. That expertise is backed by its extensive experience on major cross-border M&A deals and market-leading tax practice, all of which helps to reinforce the firm’s top position. When necessary, the branch can pull out its disputes card too, handling complex proceedings for clients. No other law firm in Honduras has as many lawyers recommended in LACCA Approved, in-house counsel research conducted by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer.
Following five promotions in 2019, Consortium Legal has by far the largest local partnership by any firm listed in this chapter. The outfit also remains committed to deepening its practice area specialisation and developing new offerings, with antitrust being one of the latest. Regionally, the firm is set to launch a compliance practice, which will be led from Guatemala. These efforts are complemented by a robust customer feedback programme. Consortium Legal places strategic emphasis on the continued education of its lawyers and provides associate secondment opportunities.
Consortium Legal, one of the original, leading Central American firms, is constantly making efforts to further integrate its offices. A regional managing director works hard to improve corporate governance and the coordination of deals, and to strengthen the commercial and cultural links of its various offices. And good results are showing: the full implementation of a firm-wide career plan has been one of the key efforts during 2020, while the regional management also saw the election of a new president. The firm’s integrated Central American footprint and solid commitment to improve its management, along with practice area coverage and specialised lawyers, are also why it is a 2021 Latin Lawyer Elite firm in Central America.
Latin America’s largest corporations frequently seek advice from the firm. According to in-house counsel research conducted by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, Consortium Legal – across Central America – represents 12 of the 100 biggest companies in Latin America. This makes it one of the most popular firms among these clients in Central America.
Regional managing director Valeria Di Palma coordinates the offices and works on office integration between the five jurisdictions. She reports to the board and the executive committee, which is represented by several partners from each country. José Ramón Paz Padilla is the managing partner in Honduras.
Consortium Legal has two offices in Honduras: Tegucigalpa and the industrial hub of San Pedro Sula. The firm has five offices outside the country in Costa Rica, El Salvador, Guatemala and Nicaragua.
Alliances & networks
Consortium Legal is a member of the World Services Group.