After almost two decades in the Paraguayan market, Ferrere has solidified its place and gained respect among peers by carefully investing in local talent while applying a modern and professional approach. Though it has grown into a fine player in the region, the firm continues in its quest to become the best and largest firm in Paraguay. It has evolved steadily since the office opened and regularly carries out promotions, while ensuring associates are aware of requirements for progress.
Well-regarded partner Néstor Loizaga leads the way in a business-oriented outfit that boasts a highly skilled team including lawyers who bring experience gained at international firms. With a combined average age of just over 30 among its lawyers, the firm takes pride in the team’s global experience and has made efforts to continue this trend among younger generations – there is a financial programme in place for junior lawyers interested in pursuing qualifications abroad. It sets itself further apart in the legal market by running an internship programme for students from the country’s two main universities.
Corporate and banking remain the core tenets of the firm. Regular caseload involves working on a steady stream of development bank financings and capital markets issuances, as well as deepening Ferrere’s focus on fintech and digital payments advice. Much of the corporate practice’s time is spent advising foreign investors keen to tap into Paraguay’s generally optimistic economic growth prospects, allowing the firm to maintain a high-value and high-profile deal flow. The firm has also grown its compliance capabilities and offers solid labour and tax advice – both areas are covered by large teams.
Though the firm counts on a healthy amount of work, its intention is to ensure continual growth by preparing lawyers for partnership, increasing practice area specialisation, setting up internal committees and boosting business development.
Meanwhile, several large companies in Latin America turn to the firm for advice. According to a study, “Who Represents Latin America’s Biggest Companies”, published by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, Ferrere’s Paraguay office represents 14 of the region’s 100 largest businesses.
Client satisfaction is a crucial measure of success and Ferrere is not short of applause, with its lawyers receiving praise for their efficient responsiveness and ability to design truly effective solutions for clients.
Ferrere (Paraguay) is based in the country’s capital Asunción.