At the beginning of 2017, new firms in Chile, Colombia and Peru joined CMS, strengthening our Latin American presence. This expansion in the region allows us to support our clients’ internationalisation and participation in cross-border transactions.
Recent years have seen an increase in both the number of foreign companies seeking to grow their business interests in Latin America and the global expansion of Latin American clients around the globe.
The new firms will bolster our established presence in Brazil and Mexico, offering clients a connected service across five of the most important economies in Latin America.
For clients in Europe, Asia and Africa, the linkage of our six offices in five of Latin America’s most dynamic economies means that any expansion plans or existing business that they have in Latin America can be supported by a team consisting of their local contacts and lawyers on the ground in the region who speak the language and know the jurisdictions.
Ted Rhodes, Managing Partner, CMS Brazil
As the longest established international law firm in Rio de Janeiro, CMS Brazil advises on inbound and outbound investment, corporate, commercial, finance tax and employment matters, and on international disputes. They advise both international and Brazilian organisations in the oil and gas sector, as well as mining, shipbuilding and telecommunications companies, insurers, financial institutions and funds.
Our office in Mexico City is at the centre of Mexico’s energy industry and one of the most important financial centres in the Americas. Our lawyers provide extensive legal advice in energy, infrastructure, real estate, project finance, corporate law, administrative law, environmental law and climate change. They provide more than just technical legal services, including advice on market practice, negotiating positions and risk assessment.
CMS Chile has a 70-person team with more than 13 practice areas and has received industry recognition for its transactions and high-quality service. CMS Peru has more than 100 lawyers covering over 17 practice areas including regulatory issues, transactional work and project development. In Colombia, CMS has a 65-person team based in Bogotá and Medellín. The firm’s expertise in banking and finance law is widely recognised throughout Latin America.
Globalisation has also manifested itself in the legal services market, which is only beginning to be experienced in Chile. In the face of this, we made the strategic decision to be part of a global firm that provides us with the best practices worldwide for the benefit of our existing clients.
Ramón Valdivieso, Managing Partner, CMS Chile
Juan Carlos Escudero, Managing Partner at CMS Peru, said, “This is an excellent opportunity for our firm. We are developing strong ties with our natural partners in the region (Chile and Colombia) and will be part of a top tier global firm with a presence in new regions such as Europe and Asia.”
Sergio Rodríguez Azuero and Guillermo Villegas, partners at CMS Colombia, commented, “Latin American clients are expanding their businesses into different jurisdictions all over the world and a significant number of foreign clients are increasingly entering the Latin American market. Joining CMS and becoming part of this impressive global firm allows us to better serve our clients’ global needs.”
Latin America’s growth sectors include energy and natural resources, telecommunications,infrastructure and financing, construction and real estate. These are all industries where CMS has long-established global expertise. With the integration of the new firms, our sector expertise will be deepened and expanded, both in Latin America and worldwide.
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