The Legal 500

Costa Rica

Editorial

 

Legal market overview

Costa Rica’s sizeable economy (in terms of the region) and political stability continues to attract a significant number of foreign investors and the country simultaneously serves as the gateway into Central America for many. A diversified domestic economy generates sufficient work for a broad legal market, which encompasses both strong local practices such as Sfera Legal, Facio & Cañas, LLM Abogados, Zürcher, Odio & Raven and Cordero & Cordero Abogados, as well as a continually growing number of regional firms.

After Pacheco Coto began its regional development in 2013, BLP has followed suit by opening new offices in Nicaragua and El Salvador (in early 2014), while Gómez & Galindo Abogados is among the founding group of firms that established Central American network LatAm Lex in May 2014. This wave of regionalisation among local firms is progressively challenging longer-standing regional heavyweights such as Arias & Muñoz, Quirós Abogados Central Law, Consortium – Laclé & Gutiérrez and Lexincorp and will certainly increase competition for region-wide work in the isthmus.

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