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Baker McKenzie

Baker McKenzie helps clients overcome the challenges of competing in the global economy. The firm solves complex legal problems across borders and practice areas. Its unique culture, developed over 60 years, inspires its people to: understand local markets and customs; navigate multiple jurisdictions; work together as trusted colleagues and friends; and instil confidence in its clients.

There is no doubt these are unsettling times for business. It is a time of relentless volatility and ambiguity: with the complexities of globalization, economic and political uncertainty, disruptive new business models, cyber insecurity and multiplying layers of regulation. The firm's clients want a new breed of lawyers who can look a decade or more ahead to help them navigate a constantly changing and challenging world. As well as technical legal skills this also requires a deep understanding of the industry and business of each client. And it means having lawyers who can anticipate what is coming next from a regulatory or industry perspective and are comfortable with business-level discussions.

Baker McKenzie more than meets these challenges. Its people share common values of integrity, personal responsibility and tenacity in an enthusiastic client service culture. The firm is still guided by the entrepreneurial spirit and demanding standards of its founders and works to forge close personal relationships among its professionals in order to foster the responsiveness and accountability clients rightfully expect.

The firm has a diverse and welcoming culture. Its lawyers and other professionals are citizens of more than 70 countries and are admitted to practice in nearly 250 jurisdictions. The firm speaks more than 80 languages, with English in common. It has offices in 77 locations worldwide, including in 34 of the world's 40 largest economies.

Baker McKenzie's Argentina lawyers work on some of the most complex matters in Latin America, including advising Brazilian mining company Vale on the contractual and employment issues related to its suspension of Rio Colorado, a mining project in Argentina's Mendoza province halted over economic and nationalization concerns. The firm managed the termination of $1bn in construction agreements and subsequent litigation, worked with the unions on the termination of 2,500 employees, and negotiated with the provincial and national authorities to maintain Vale's mining rights. The firm also advised Siemens Financial Services on a USD 115 million loan to Stoneway Group LP in connection with the issuance of a USD 500 million bond for the development and construction of four power generation facilities in Buenos Aires. The Araucaria Project was the first international project bond transaction based on an Argentine project finance in over 25 years and was awarded Project Finance Latin America Deal of the Year.

The Buenos Aires office handled the largest hotel transaction in Argentina up to date: The sale of the Sheraton Buenos Aires Hotel & Convention Center and Park Tower Hotel for approximately $100 million.

With 40 years of experience in Argentina, Baker McKenzie is market leader in energy, mining and infrastructure, mergers and acquisitions, and labor and employment matters. The quality of the firm's work is reflected in the recognition it receives within the legal community, with 19 of its attorneys being named among the best lawyers in Argentina by Chambers Latin America 2018.

The firm's clients include leading Argentine and foreign multinationals and financial institutions in the mining, oil and gas, healthcare, automotive, consumer products, retail, international trade, financial services, and technology, media and telecommunications sectors. The firm's strength is its ability to work across borders and practice areas to help clients overcome challenges and achieve their business objectives in Argentina and the rest of Latin America.

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Above material supplied by Baker McKenzie.

Legal Developments by:
Baker McKenzie

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    For decades, the primary Turkish laws governing leases of residential and business premises have been the Law on Leasing Real Property dated May 27, 1955 (the “Lease Law”) and the Turkish Code of Obligations No. 818 dated April 22, 1926 (the “Obligations Code”). Both of these laws, however, will be repealed and replaced with the new Turkish Code of Obligations No. 6098 dated January 11, 2011 (the “New Obligations Code”), which will enter into force on July 7, 2012.
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