Panamanian firms handling an increasing amount of inbound legal work for Central American banks, as well as energy sector clients, but most investment coming from Colombia, Mexico, the US, Europe and Asia
Lawyers highlight substantial activity in finance, insurance, oil and gas, healthcare and utilities industries despite uncertainty about new government’s economic policy
New president López Obrador opposes attempts to privatise the oil industry, with reports suggesting the country’s oil and gas auctions could be coming to an end
Data shows that some leading Latin American firms have advised on 50% more deals in 2018, but with foreign investors demanding greater levels of service from legal advisers, some firms are struggling to cope