Global law firm DLA Piper announced that it has established a cooperation agreement with Peruvian firm Pizarro, Botto & Escobar Abogados.
Pizarro, Botto & Escobar is based in Lima, Peru, and is home to over 40 lawyers working across a wide range of industries. Together the firms will operate as DLA Piper Pizarro Botto Escobar.
The development is close on the heels of its 2016 expansion in the region, when the global giant set up a cooperation agreement with Bahamondez, Alvarez & Zegers in Chile in December and launched an office in San Juan, Puerto Rico. DLA Piper arrived in Latin America in 2010 when it signed a cooperation agreement with Campos Mello in Brazil. This move was followed with the setting up of alliances or its own offices in Caracas (2011), Mexico (2012) and Colombia (2015). Last year, the firm restructured its relationship with Interjuris in Venezuela in 2016 while continuing to engage the services of the team. DLA Piper has had an office in Miami since 2011. With the Peru launch, it now becomes the third international law firm to have offices in all four Pacific Alliance countries, after Baker McKenzie and CMS.
“DLA Piper’s commitment to Latin America is significant and growing, which is part of the reason we’re excited to call the firm our partner,” said Luis Pizarro, managing partner of legacy Pizarro, Botto & Escobar. “Our talented team, combined with DLA Piper’s global and regional platform, will be well-positioned to work with clients throughout Peru, which has a burgeoning economy and industries ripe for this level of legal services.”
Juan Picón, DLA Piper’s global co-chairman and co-chairman of the Latin America practice, added: “This is a great opportunity for our global platform at a time where investments from Europe and China are growing in Latin America, which complements our hemispheric approach.”