Blog: Analysis – promoted article – Central America 2021 – Leading Firms – Who’s Who Legal

Consortium Legal

Consortium Legal is a distinguished full-service firm which achieves a notable 57 listings across 11 practice areas in this year’s research. The listings highlight the firm’s market-leading status when it comes to corporate and banking matters, in addition to its expertise across the commercial spectrum.

The firm stands out for its corporate practice, listing 16 practitioners for assisting clients on corporate matters ranging from M&A to complex due diligence. The practice’s stellar banking, finance and projects practice sees 13 practitioners listed, with sources noting their expertise in project financing deals, syndicated loans and capital market transactions.

Consortium Legal also excels in the dispute resolution field, with eight practitioners recognised for their experience representing high-profile corporations in litigation and arbitration proceedings.

Standout lawyers include Rolando Laclé Zúñiga, who possesses extensive experience advising on banking and corporate matters. José Rafael Rivera Ferrari is a leading figure for financial and telecoms matters on a domestic and international scale, while Diego Salto is revered for his exceptional corporate tax advice. Alvaro Rodrigo Castellanos Howell and Ulises Mejía León Gómez are top-tier names for their expertise in litigation and arbitration proceedings in Central America.



Arias distinguishes itself as a full-service law firm, achieving a notable 53 listings across 14 practice areas in this year’s research. Its excellent performance highlights the firm’s market-leading status in corporate and banking matters, alongside its expertise across the spectrum of administrative and commercial issues.

The firm excels in corporate work, with 11 practitioners included for their top-tier practice assisting clients with corporate governance issues, fiscal and tax planning, and creditors’ rights.

They are further recognised for their stellar banking practice, which sees 10 practitioners listed for their expertise in debt and equity restructuring, project finance and counsel on financial regulations.

Another area of note is the firm’s administrative and public law practice, with nine practitioners recognised in our corresponding chapter. These practitioners are noted for their prestigious work across a range of issues, including administrative procedures, municipal law and constitutional analysis.

Standout individuals include Vicente Lines, who possesses superb knowledge of M&A and complex transactions. Victor Garita also earns significant praise for his substantial corporate experience. Armando Arias and Roberta Gallardo are highlighted as go-to practitioners across the full range of banking and financing matters. Another impressive individual at the firm is Ana Teresa Rizo, who is noted for her splendid work in complex transactions, while Carlos Ubico and Eduardo Ángel are deeply respected for their adept handling of administrative litigation proceedings.



Full-service firm BLP is a dominant force in the region, with demonstrable expertise across a broad range of practice areas as highlighted in our research this year. The top-tier firm receives a total of 39 listings across 13 chapters.

The firm sees nine practitioners listed in our corporate chapter for their outstanding knowledge of corporate restructurings and cross-border M&A deals.

BLP’s banking and finance expertise earns an impressive eight listings this year. These individuals are renowned for their work on capital markets transactions, financial regulation and project financing matters.

The firm demonstrates its complete offering with further listings in our IP, real estate and construction, private client and insurance and reinsurance chapters.

Standout names include Randall González, who excels in labour and employment matters. Neftalí Garro is considered an authority on insurance law, while Luis Castro ranks highly for his market-leading real estate and corporate practice. Zygmunt Brett is widely commended for his profound understanding of banking and finance law, and Giselle Reuben earns acclaim for her exceptional work on complex IP disputes.


Morgan & Morgan

Morgan & Morgan stands out as a prominent player in the Central American market. With 25 listings across 11 practice areas, the firm showcases its strengths across a wide range of legal matters.

The firm performs particularly well in our corporate chapter, where five of its lawyers are distinguished for their impressive handling of M&A, governance and corporate restructuring matters.

Their strong expertise in the banking, finance and projects sector is also highlighted, with four lawyers included for their prolific work in creditor and debtor-related financial issues. Another area the firm excels in is dispute resolution, entering three lawyers that possess notable experience in complex litigation and arbitration proceedings.

Eminent individuals at the firm include Luis Manzanares, a standout corporate lawyer with a deep knowledge of tax structures. Francisco Arias is also recognised as a force in corporate, real estate and banking matters, while José Carrizo is highly regarded for his top-tier work in dispute resolution.


Alemán Cordero Galindo & Lee

Full-service Panamanian firm Alemán Cordero Galindo & Lee enjoys a stellar reputation in the Central American market, receiving an impressive total of 22 listings across eight chapters this year in our research.

The firm sees six practitioners recognised for their expertise in corporate law. These top-tier individuals are regularly involved in negotiating high-value M&A transactions, corporate restructurings and joint venture agreements for an array of domestic and international clients.

Dispute resolution is another area in which the firm excels, with four practitioners highlighted for their extensive experience in commercial litigation and international arbitration.

Prominent individuals at the firm include Jaime Alemán, who excels in corporate M&A and offshore matters. Jorge Federico Lee is renowned for his work on international arbitration and complex employment litigation, while Raúl Zúñiga Brid is highly esteemed for his expertise in trusts and estate planning. Eloy Alfaro B is a first-class banking and finance lawyer and Anibal Galindo stands out as a go-to for the full range of corporate law matters.


Aguilar Castillo Love

With offices located throughout the region, Aguilar Castillo Love commands a strong presence in the Central American market. The firm is recognised for its leading lawyers who excel in a range of corporate and business law matters, receiving a total of 16 listings across eight practice area chapters in this edition.

The firm stands out for its first-rate corporate practice, which sees five lawyers highlighted this year for their exceptional work handling domestic and international M&A and joint venture deals, restructurings and corporate governance matters.

Aguilar Castillo Love sees two practitioners noted in our banking, finance and projects chapter for their expertise in advising on high-value transactions and financial regulation.

Leading lawyers at the firm include John Aguilar-Quesada, who wins plaudits for his market-leading corporate practice. Ruben Zamora Castro is highly sought after for administrative and public law matters, and Francisco José Castillo-Love is renowned for his expertise in franchise and distribution. Juan José Alcerro-Milla is highlighted for his work on competition disputes and telecoms regulation, while Juan Carlos Castillo-Chacón is touted for his extensive experience resolving complex energy and finance disputes in Guatemala and abroad.

Galindo Arias y López

Full-service firm Galindo Arias y López is renowned in the Panamanian market for its first-class corporate and finance law offering. The depth of its practitioners’ expertise is demonstrated in our research this year, with the firm receiving 16 total listings across eight practice areas.

This year’s Banking, Finance & Projects chapter highlights four of the firm’s lawyers for their outstanding knowledge in a wide range of transactional and regulatory matters. Areas of their expertise also encompass banking contracts and financial structuring.

The firm’s corporate practice is also highly reputed, with three lawyers singled out for their excellence in advising clients on a range of M&A transactions and corporate governance issues.

Key names at the firm include Diego Herrera Dutari, who is known in public and commercial matters, and Jose Luis Sosa, who excels in the corporate and commercial market. Meanwhile Ramón Ricardo Arias Porras and Cristina Lewis de la Guardia enjoy stellar reputations for their first-class work in the aviation sector.

QIL+4 Abogados

QIL+4 Abogados commands a strong position in the Central American market, with its first-rate offering reflected through an impressive 16 listings in this year’s research.

The firm stands out for its superb corporate practice, entering four lawyers who excel in coordinating corporate strategy, joint venture agreements and M&A transactions.

The firm’s banking and finance practice also shines, with three practitioners listed. The team is noted for their in-depth expertise advising financial and banking institutions in finance transactions and Guatemalan regulations.

Prominent individuals at QIL+4 Abogados include Marcos Ibargüen Segovia, who is renowned for his encyclopaedic knowledge of corporate law and M&A transactions. Alejandro Cofiño is also recognised as a top-notch practitioner with extensive experience in financing, banking and distribution law.

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