Vouga Abogados has a diverse offering built around strong corporate, banking, disputes and labour teams. The firm’s focus on fostering specialisation in its lawyers has begun to pay dividends, with a growing reputation in fields such as IP and environment, in which it has grown its mandates lately. Its strength in breadth attracts an impressive range of international clients seeking to tap into Paraguay’s growth potential.
Vouga has signalled its intention to further develop in the direction of becoming a one-stop shop for clients. To this end, the firm has added experienced lawyers to provide services in competition law, compliance, consumer protection and public works. Portuguese-speaking lawyers feature, owing to the several manufacturing companies from neighbouring Brazil coming to set up operations in the country. Some lawyers here have experience in government departments or spent time in Spanish law firms. For expansion, the firm favours organic growth over hires and it added to the corporate and environmental offerings with a promotion in 2020.
Vouga prides itself on a wide-ranging client base, with no single client representing more than 5% of its total income. The firm offers its clients alternative services that help when setting up in the country, such as providing office space or appointing partners as company directors or helping with accounting through affiliates. The outfit attracted several new clients in 2020, especially from the banking sector.
Vouga Abogados’ partnership has a long-term growth strategy that is showing results. The firm has consciously moved away from Paraguay’s traditional family firm structure, implementing a formal and structured career path based on meritocratic values. It believes a good balance between older experienced lawyers with young talent is the right road ahead. Vouga is reluctant to hire anyone unless they have a proven track record in their field, and prides itself on its international outlook, with overseas experience and LLMs encouraged among its lawyers and a scholarship programme in place to help fund them. It has good relationships with leading law firms around the region.
The partnership reports a solid year, despite the pandemic in 2020. The firm intends to grow its disputes and project finance offerings, especially if the government reactivates public work. The leadership also wants to launch a business development department that would help with marketing, business strategies and set up a structured way to approach new clients.
Vouga Abogados is based in Asunción. It previously had a permanent outpost in Ciudad del Este, to which lawyers continue to travel when necessary.
Alliances and networks
The firm is part of the World Services Group and Aliança de Advocacia Empresarial, the latter a Brazilian law firm network that has expanded to include firms from elsewhere in the region. It is also a member of the Employment Law Alliance.