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Who are the 100 most influential and innovative in-house counsel working in the region? The Legal 500 has interviewed thousands of in-house and private practice lawyers to draw together a list of those corporate counsel who offer an operative model with lessons for fellow in-house professionals.
Legal market overview
Nicaragua continues to see reforms in its judicial system and administrative procedures in an attempt to make the country more attractive to foreign investors. However, allegations of corruption and a lack of government transparency continue to affect confidence and hinder the implementation of policies aimed at strengthening the private sector.
Following the 2011 presidential elections, the current administration has promoted the idea of a ‘mixed' economy, with the aim of the state taking a more active role in economic matters. Only time will tell how this will affect the country's commercial sector.
In the legal market, Arias & Muñoz and Consortium – Centro América Abogados continue to use their significant regional influence in corporate and financial matters, dominating Nicaragua's legal landscape in these areas. In IP, local firm Guy José Bendaña-Guerrero & Asociados uses its nous and experience to navigate the specific IP challenges that present themselves in Nicaragua, cementing its reputation as the preeminent IP firm in the country.