Firm Profile

Kuri Breña Sánchez Ugarte y Aznar

Mexico

Mid-sized transactional firm

LL 250 Highly Recommended

Established: 1990

Partners: 10

Lawyers: 23

Work areas

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

KuriBreña, Sánchez Ugarte y Aznar has earned its stripes as a successful transactional outfit. This modest-sized firm is often sat across the table from some of Mexico’s elite legal counsel, demonstrating a small-but-mighty approach. It had a role in a cross-border proptech acquisition, which won Latin Lawyer’s Deal of the Year Award in 2021 in the category of private M&A: Quinto Andar’s acquisition of Buenos Aires-based property advertisement company Navent Group. KuriBreña acted as Mexican counsel to the target.

The firm’s reputed finance, capital markets and M&A departments win it some relevant Mexican clients. KuriBreñais renowned for its knowledge of Mexico’s financial sector, especially in niche sectors such as microfinance. Project finance is another area where this firm’s services come highly recommended. The more compact size of the outfit ensures that clients get a more personalised approach, while companies that instruct the firm can always be sure that an experienced partner will have a key involvement in their deal.

KuriBreña’s flexible management style allows it to appoint the most appropriate lawyers to each case. The firm has the ideal size for this formula to work its magic, instilling a sense of collaboration. Increasing partner participation in law firm management is an ongoing goal of the firm, as is transitioning from an eat-what-you-kill compensation system to a modified lockstep model. These ambitions are important goals still in the works, along with increasing female representation among its partners. As of 2022, Luis Octavio Nuñez Orellana and Alejandro Sobarzo Hadad are co-managing partners.

With its roots in transactional expertise, the firm has grown its offering over recent years, adding knowledge in compliance, anti-money laundering, data protection and fintech matters. Tax litigation capabilities have increased at the firm in recent years, with former EY lawyers being well-represented within the partnership.

Mexico’s economy continued to ebb and flow in 2021 and 2022, with the aftershocks of the covid-19 pandemic continuing to ripple through the country, while Mexican president Andrés Manuel López Obrador continue to rock the market with controversial reform proposals. KuriBreña’scareful approach to business and close client contact has kept it on stable footing during this time.

Alliances & networks

KuriBreña is a member of TAGLaw, a respected global law firm alliance that gives the firm a global presence.

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