Twitter Logo Youtube Circle Icon LinkedIn Icon

Venezuela > Law firm and leading lawyer rankings

Editorial

Venezuela is facing economic collapse and a humanitarian crisis; it has been experiencing hyperinflation since the end of 2016 and is suffering a severe food and medicine shortage. President Nicolás Maduro’s administration remains deeply unpopular and the recent decision to bar opposition leader Henrique Capriles from holding office for the next 15 years, coupled with various other acts of political repression, has sparked a series of protests in the country.

In this highly volatile environment, it is unsurprising that M&A deals are few and far between, with local M&A transactions virtually non-existent, global transactions with a Venezuelan element infrequent, and law firms primarily serving their clients on administrative, regulatory and contentious matters. This demand, driven by an ever-changing regulatory landscape (for example, in relation to foreign exchange controls) and apparently arbitrary audit processes, also reaches into employment law work – particularly in terms of the bar against dismissals.

Law firms have struggled with the “brain drain” affecting the country; many talented associates have left Venezuela to pursue further study and employment opportunities abroad, creating a scarcity of mid-level lawyers in the country. Notable among personnel moves within the market was Gustavo Reyna’s move to Araquereyna from D’Empaire Reyna Abogados, where he had been a founding partner. Major international law firms present in Venezuela include Baker McKenzie SC, Norton Rose Fulbright and Despacho de Abogados Miembro de Hogan Lovells; other key local players with a broad service offering include Hoet Pelaez Castillo & Duque, Mendoza Palacios Acedo Borjas Páez Pumar & Cía, Tinoco, Travieso, Planchart & Núñez and Travieso Evans Arria Rengel & Paz. The market also includes a significant number of players with strength in particular sectors such as

Grau García Hernández & Mónaco in the competition space; WDA legal, S.C. in disputes work (particularly arbitration); InterJuris Abogados and

Benson, Pérez Matos, Antakly & Watts in energy (finance) and environmental matters, respectively; Estudio Antequera Parilli & Rodríguez leads the pack in the competitive IP sector; Labor – Gestión de Gente in employment; Ayala, Dillon, Fernández, Linares Consultores Jurídicos is a key player in public law; the above mentoned Araquereyna in real estate, and Torres, Plaz & Araujo, Palacios, Torres, Crespo & Korody and Rodríguez & Mendoza, which are all notable for tax matters.

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

Select Practice Area

International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

Select Practice Area

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • EU and Malta Securitisation Market

    Following the US subprime crisis that began in 2007, the notion of securitisation has suffered from bad press that tainted its reputation. However, securitisation is still considered as an essential component to continued economic recovery and for well-functioning financial markets.
  • PATENTABILITY OF SOFTWARE IN SINGAPORE

     leading_lines_newsletter_dec_2017
  • DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy

    The US Department of Justice ("DOJ") had announced a pilot program [1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain in effect for 1 year, starting from the day of its announcement. On March 10, 2017, the Acting Assistant Attorney General, Kenneth A. Blanco, announced in a speech that the Pilot Program would continue in full force until the DOJ reached a final decision on whether to extend it, and what revisions, if any, should be made to it. [2] The evaluation period of the Pilot Program ended on November 29, 2017, when Deputy Attorney General Rod Rosenstein announced the new FCPA Enforcement Policy ("Policy"), which effectively makes the Pilot Program permanent with some revisions. According to Deputy Attorney General Rosenstein, the FCPA Unit received 30 voluntary disclosures during the time period that the Pilot Program was in force, as opposed to 18 voluntary disclosures that were received during the previous 18-month period. The Policy has been incorporated into the United States Attorneys' Manual in order to "be readily understood and easily applied by busy prosecutors" as opposed to being promulgated in memorandum format. [3]
  • Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws

    With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
  • [SOUTH KOREA] Supreme Court Affirms Lower Decision, Finding Invalid the Regulations on Foreign ...

    Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company
  • Disputes on Health-Related Commercial Advertisements under Consumer Law

    Introduction
  • [SOUTH KOREA] New Administration’s Key Environmental Policies

    To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement.  Under the “sustainable development” paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its enforcement of environmental regulations.
  • [SOUTH KOREA] Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an ...

    Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an Ordinary Wage Case 
  • SyCipLaw TMT Bulletin: “More Philippine Data Privacy Act: Are you Ready for Phase II?”

    Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
  • Crowdfunding - The Path towards a regulatory Framework

      The importance and feasibility of crowdfunding platforms is increasing in stature and importance for current and future the entrepreneurs. Malta has recently acceded to the rising trend by creating its first crowdfunding platform, ZAAR, a reward-based crowdfunding platform who has recently been awarded with the first prize in its section at the National Enterprise Support Awards 2016 also as well as being one of the local projects that have represented Malta at the European Enterprise Promotion Awards 2016, held in Slovakia. Nonetheless start-ups based in Malta with global aspirations often rely on international platforms. An increase in interest has emerged amongst the art and culture community as well in social entrepreneurship projects. Crowdfunding in Malta is still at the early stages of development. Despite this, there are endless opportunities for local entrepreneurs and the local business community. Research has shown that through international crowdfunding platforms, monies have been raised for projects in the field of gaming consoles, apps and software as well as for artistic projects.  Testimony to this is a new game design studio in Malta, that launched its first game, Politicks, raised financing through the crowdfunding platform Indiegogo.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to