Estudio Olaechea may be Peru’s oldest firm, but old-fashioned it is not. Its leadership is proud of its deep roots but puts innovation and modernity high on the agenda. For example, the firm has already had its systems in the cloud for some time, and lawyers were thus well prepared to work from wherever and whenever before the pandemic. Other signs include custom-built rather than pre-built packages for practice area management.
The firm has full-service coverage, with a noted offering across multiple areas. Dispute resolution, labour and intellectual property stand out, but the antitrust, compliance and tax teams are great too. Sound corporate, banking and finance and real estate services round that off along with advice on aviation and insurance law, which are on offer too.
Olaechea has developed a flexitime programme and has a strong commitment to diversity. Eight of the firm’s 18 partners are women – significantly above average for Peru. A round of promotions added two M&A lawyers to the senior rank in 2022. The firm also has a flattened management structure, clearly defined career paths for associates and, from the client’s perspective, flexible billing options.
Clients are clearly content with the services provided, and honesty, excellence and precise advice are singled out by some. Others highlight the firm’s ability to provide high-quality services across any type of advice they may need.