DLA Piper’s Lima office has gone from strength to strength over its first few years. That is demonstrated by the firm’s ability to land a place on some of the largest transactions in Peru, which recently included American Tower’s US$9.4 billion acquisition from Telefónica. The office is backed in Latin America by outfits in five other jurisdictions.
The office has crafted a name for itself that belies its modest size. The firm is best known for its corporate, banking and project finance and infrastructure teams, areas in which it aims to give competitors a good game. Recognition of its non-transactional offering is growing. Established practices like arbitration and tax are popular among clients. The firm also has a developing white-collar crime and compliance group, including criminal law, that is already doling out plenty of advice.
The firm is constantly looking to renew itself and further build on its existing capabilities. It launched a restructuring practice in 2020 amid the start of the pandemic, while a former partner returned as of counsel to lead the relaunched IP practice. That followed on from a partner appointment in 2019, which added a corporate co-head.
Clients praise the office for its smart lawyers, flexibility and availability. One local client highlights lawyers’ “personalised attention and support throughout the legal process.” A banking client appreciates lawyers’ dedication and support.
Being part of a big global brand also comes with strategic changes. The management acknowledges that it needs to work on how to adopt international standards while not losing the original firm’s style and culture. It also wants to push for a more aggressive client approach by having closer contacts, including more visits when possible, and to make sure the office is a great place to work to retain talent.
Alliances and networks
Through its relationship with DLA Piper, the firm is linked to a global network that includes offices in Argentina, Brazil, Chile, Colombia and Mexico.