Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) has one of Argentina’s top-tier transactional offerings, making it an attractive partner for foreign companies doing business in the country. If this were not enough, it made waves in 2020 when it reached an integration agreement with Chilean outfit Schwencke & Cía – now PAGBAM Schwencke Chile – in what is thought to be a first for an Argentine law firm.
The tie-up is indicative of the demand for the firm’s services outside of Argentina. PAGBAM says the driver behind the move was to add value for its clients by providing seamless service in Chile. Some of PAGBAM’s biggest clients, such as Falabella and Cencosud, are Chilean brands that have settled in Argentina over the years.
PAGBAM handles a great amount of work in its core areas – it has a constant stream of capital markets deals, while its corporate department pulls in high-value sophisticated work. It is one of the country’s leading full-service firms, which means strong practice areas are not restricted to transactional areas. Tax, labour and administrative law are all well within the firm’s capabilities. PAGBAM’s sector-focused approach has allowed it to build a loyal client following in various industries, such as telecoms, infrastructure and utilities.
PAGBAM is known for its practice area coverage and large, multidisciplinary teams, which have been assets during the pandemic and a bonus for international companies that need counsel on sophisticated deals. Within those teams, senior partners pride themselves on approaching deals and cases in a hands-on manner. The ability to cover all bases has helped this firm develop an exceptionally strong knowledge of Argentina’s complex and evolving regulatory environment.
Research by the Latin American Corporate Counsel Association (LACCA), which is affiliated to Latin Lawyer, into ‘Who Represents Latin America’s Biggest Companies’ shows PAGBAM to be the most popular firm in Argentina among major corporates in the region. It represents 17 of the approximately 100 largest companies in Latin America.
PAGBAM has invested in software for billing, accounting and document management over the past few years, while also redesigning its office space to promote a more ‘collaborative’ work environment. It is also working on improving gender diversity among its ranks and has implemented generous maternity and parental leave policies.
The executive committee is formed of partners Guillermo E Quiñoa, Luis D Barry and Eugenio P Aramburu. Former managing partner Jorge L Pérez Alati is now chairman of the firm.
PAGBAM has established offices in Buenos Aires and New York. It has extended its presence to Chile, via PAGBAM Schwencke Chile, and since 2021, to the oil and gas-rich Argentine province Neuquén, with a non-exclusive association with local firm Brillo Abogados.