Firm Profile

Icaza, González-Ruiz & Alemán


Offshore strength within broad service offering

LL 250 Highly Recommended

Established: 1920

Partners: 12

Lawyers: 33

Work areas

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

Icaza, González-Ruiz & Alemán certainly stands out for its longevity, having celebrated its 100th anniversary in 2020.

The firm has cultivated a close connection to public service in Panama, with its partners having been involved in developing the country’s legal framework – several of the partners have been top judges, politicians and diplomats. As such, public service is sewn into the firm’s work, and it frequently represents both the government and state-owned enterprises across contract negotiations as well as capital markets transactions.

With expertise on cross-border deals involving multiple Latin American countries, Icaza, González-Ruiz & Alemán has garnered a reputation as the firm of choice for many multinationals setting up shop in Panama. Corporate and M&A work, capital markets, banking and finance, as well as litigation, labour and IP are all strongholds of the team. The firm is also able to offer trust services through a subsidiary company. A sizeable chunk of its workload stems from offshore work, which the firm can handle from offices around the world.

Clients are quick to offer their praise to the lawyers here, commending their timely and accurate responses.


Icaza, González-Ruiz & Alemán is based in Panama City and has offshore offices in Cyprus, Hong Kong, Singapore, Switzerland and Uruguay.

Alliances & networks

The firm is a member of international legal networks Multilaw and EURO LATAM LEX. The latter helps connect law firms from Latin America and Eastern and Central Europe.

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