Firm Profile

Dentons Jiménez de Aréchaga

Uruguay

Banking strength in global platform

LL 250 Highly Recommended

Established: 1942

Partners: 8

Lawyers: 36

Work areas

This firm is highly recommended for services in the following work areas.

While Jiménez de Aréchaga, Viana & Brause completed its combination with Dentons in April 2020, the Uruguayan firm had already left an indelible impact in the local market. The group is visible on some of the country’s most high-value and cross-border transactional work, while Dentons’ global reach gives it an ample supply of top-tier legal expertise from around the world.  Dentons Jiménez de Aréchaga has put in the elbow grease to build a top-notch finance team, which has paid off in the form of a group capable of handling a wide caseload of sophisticated transactions. The department has achieved a distinguished reputation in a short space of time, attracting a bounty of high-profile clients who are generously shared between its corporate and project finance areas. The firm attracts several important restructuring and project finance deals as a result of its successful transactional exploits elsewhere in the firm. Lawyers in Dentons’ disputes and energy offerings in Uruguay have expert understanding too. Its real estate, labour and public law practices also do well.

Renowned partner Fernando Jiménez de Aréchaga leads the way at Dentons Jiménez de Aréchaga. Since the merger, the group has been steadily adding to its client portfolio while its existing customers embraced the move, which has put the firm’s experienced partners on the global stage through extended reach and additional resources. Clients comment that Dentons Jiménez de Aréchaga goes to great lengths to understand the needs of its businesses and to tailor its legal advice with that awareness in mind. Its response times are rapid and efficient too.

The Uruguayan firm has championed an adept project finance group as a successful mainstay for decades. The department continued to take on complex financial transactions and relevant deals in 2020, despite market uncertainty piled on by the covid-19 crisis. It helped a consortium of constructors led by Spain’s Sacyr obtain mezzanine financing for a railway project connecting Montevideo and Paso de Los Toros, one of Uruguay’s most lucrative project finance programmes, having received the largest ever PPP financing just a year previously. 

Dentons Jiménez de Aréchaga has a multiskilled corporate group too, which has a knack for cutting to the bone of complex regulatory issues. In 2020, the firm helped wrap up the US$19 billion merger between confectionery manufacturers Mondelēz and Cadbury, which began over a decade ago. The firm helped Mondelēz receive antitrust approval for the deal in Uruguay. The firm also called upon its tax and trade expertise last year, when it helped drinks group PepsiCo reach an agreement with Uruguay’s free trade zone operator to open its largest-ever manufacturing plant near the Uruguayan city of Colonia.

Dentons Jiménez de Aréchaga fields impressive litigation offerings too, where its lawyers offer an excellent and carefully thought-out legal strategy. These and its other successful practice groups were cornerstones of Jiménez de Aréchaga’s impressive offering before the merger, which has now climbed the echelons to global success.

Dentons’ Latin American group meets quarterly to discuss the progress of its regional branches, which keeps the global firm well informed of the region’s latest market trends. Meanwhile, through its connections to Dentons’ global network, the Uruguayan firm benefits from widespread diversity and inclusion initiatives, which are headed by a dedicated committee at the Montevideo office.

Lawyers at the firm can look forward to a linear career path, with the firm actively looking to elevate its brightest associates to partnership positions. Meanwhile, a women’s committee meets regularly to ensure the firm has the right measures in place to ensure female lawyers have equal opportunities to advance to more senior roles.

Offices

In 2020, Jiménez de Aréchaga joined Dentons’ global network. While the move put the firm’s existing base in Montevideo on the global map, it gave the team access to Dentons’ growing coverage in over 200 locations across 88 countries. The firm also opened an outpost in Aguada Park in Montevideo’s free-trade zone in 2021. Since opening its first Latin American office in 2016, Dentons is now in 26 countries in the region, having added Bolivia and Ecuador in 2021.

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