Pellerano & Herrera celebrates its 70th birthday in 2022 and remains one of the top firms in the Dominican Republic and the go-to counsel for many international clients looking to venture into the country. Local companies love the firm’s deep bench and high quality of services in transactional and non-transactional practice areas. Pellerano & Herrera prides itself on being much like a US firm in terms of sophistication and institutionalisation, and its emphasis on technology tools and non-legal support services to aid clients’ needs has proven advantageous to many companies that turn here.
The firm boasts one of the largest headcounts in the market, giving it the firepower to specialise in multiple practice groups. Its corporate and finance groups remain its best assets, though the tax and technology divisions are exemplary too.
Disputes, telecoms and media, and sports and entertainment are also strengths of the firm. A China desk offers banking and finance, corporate and M&A advice to investors, including those from Beijing and Shanghai. Lawyers at the firm are encouraged to build industry-specific experience. A separate company, Servi Cobros, offers debt collection services to clients, complementing the litigation practice. Meanwhile, the firm entered into a collaboration agreement in 2021 with global professional services firm Andersen Global, further consolidating its ability to advise both local clientele seeking to expand globally and international companies operating in the Dominican Republic.
Pellerano & Herrera’s partnership is primarily female, setting it apart from firms in Latin America and indeed globally. This market leader is mindful of the need to retain and nurture talent to stay ahead of the competition and offered flexible working to all lawyers long preceding the pandemic.
The tax department has been kept especially busy in recent years, particularly in the wake of the global health emergency. The expected tax reform in 2022 has meant that many clients in need of legal advice on different fiscal matters have already flocked to the firm. The regulatory affairs practice group has also been kept busy in these matters.
The technology, digital and fintech departments at Pellerano & Herrera have flourished in recent years. With many companies shifting to e-commerce, these teams became highly sought after for M&A, financing and disputes counsel. The firm also has stellar tax and technology practice areas, kept busy by recent OECD digital tax recommendations.
Pellerano Messina, the IP boutique, is active in advising clients on matters concerning trademark procurement, copyright registration and new technologies. This team has also seen an influx of work in recent years. While Ricardo Pellerano is a partner in both organisations, the firms are separate entities. Where necessary, Pellerano & Herrera can recommend clients to Pellerano Messina for complex, sophisticated IP matters, which has already proven useful for several clients.
Pellerano & Herrera has long prioritised investing in technology, and its database of court rulings is especially advanced and has proven useful to the litigation team. It has also automated some administrative processes, enabling the targeting of small and medium-sized enterprises with affordable services that use these technologies. Pellerano & Herrera’s accounting and administrative staff have been on board to help a growing number of clients looking to outsource this kind of work in the move towards digitalisation.
Lawyers here benefit from Pellerano & Herrera having a close alliance with one of the Dominican Republic’s leading universities, demonstrating the high importance the firm places on postgraduate training. This has fostered a large team of internationally educated professionals at partner and associate levels. The firm prioritises nurturing junior lawyers, who can benefit from intensive professional development programmes.
Clients have frequently highlighted the partners’ availability, citing their prompt and thorough responses to initial and follow-up queries.
For over 30 years, the firm has published an international guide on how to do business in the Dominican Republic, which it updates twice a year.
Alliances & networks
Pellerano & Herrera is the Dominican member of the Club de Abogados network, as well as of Lex Mundi and the World Services Group. The firm also belongs to ISFIN, the Islamic finance law network. Pellerano & Herrera has a collaboration agreement with global professional services firm Andersen Global.