DLA Piper Mexico > Mexico City, Mexico > Firm Profile

DLA Piper Mexico
PASEO DE LOS TAMARINDOS NO. 400 A
PISO 31, BOSQUES DE LAS LOMAS
MÉXICO, DF, CP, 05120
Mexico

Mexico > Dispute resolution: arbitration Tier 2

DLA Piper Mexico is a critical cog in the firm’s global dispute resolution offering. The offices arbitral practice is coordinated by Kate Brown de Vejar, who is ‘at the top of her game’ and acts of co-chair of the global international arbitration practice, as well as deputy managing partner of the Mexico office.  While remaining active internationally, Brown de Vejar and her team have enhanced the practice’s visibility in the domestic Mexican market in recent years and have become particularly well-established in the energy space, including electricity generation and renewables. Co-head of the firm’s Latin America dispute resolution practice Gabriela Álvarez-Ávilabrings a truly international wealth of knowledge’ and focuses on international arbitration particularly in relation to investment law. Additional figures of note include Antonio Cárdenas, who specialises in obtaining amparos suspending government measures ending resolution of the merits of arbitration; and younger partner Daniel González Estrada who has extensive experience in obtaining provisional measures and the enforcement of arbitral awards before Mexican courts. At associate level, Fernando Osawa E provides dedicated support. Senior figure Gerardo Lozano Alarcón departed the firm in 2022 to establish a practice as a solo arbitrator.

Practice head(s):

Kate Brown de Vejar

Testimonials

During proceedings the DLA team exhibited minute knowledge about how incremental regulatory changes affected the industry and the company, and how these changes were subject to various international agreements and treaties. The also showed a keen awareness of precedent that was favorable to their client. With these facts in mind they advanced the proceedings in a strategically advantageous way in order to optimize the outcome for their client.

DLA had an extremely strong team headed by Kate Brown de Vejar. In addition to very strong representation during the actual tribunal, the team doing preparation, from background research to preparation for witnesses was extremely hard working and diligent. They had experts obviously in the legal matters at hand but also in other less visible areas such as language experts to assess the native language testimony and the demeanor of witnesses, also IT savvy team members to build impactful visual presentations to name a few.

From a diversity standpoint, the team was truly international, and the three main partners were women. I have never seen, and I think it would be unusual at other firms to see team leadership comprised as such.

‘Kate Brown de Vejar is amazing. She is at the top of her game and showed it during the tribunal proceedings. Counsel from the other side was poor in comparison. Her understanding of client needs and issues, her sense of teamwork and leadership, and her grasp of the industry, company, and case overall was outstanding. I believe that almost every word she utters is well thought out calculated to best represent her client’s needs. From preparation to tribunal, overall unequivocally excellent.

Gabriela Alvarez-Avila brings a truly international wealth of knowledge and experience. She was incredibly focused on the client, their needs, and how to bring the case forward in a way that was most advantageous to them. Her willingness to talk to, and work with clients and the outside consultants was exceptional, and her communication ability and overall sense of empathy really made teamwork easy, and enjoyable. Her understanding of the case and industry overall were top level and without her the team would not have been nearly as successful.

Key clients

Government of the Republic of Lithuania

Work highlights

  • Defending the Republic of Lithuania against a claim brought by a Russian fund in respect of the nationalisation of Banka’s Snoras.

Mexico > TMT Tier 3

Telecoms law is a standout strength for DLA Piper Mexico, its specialist team adept at assisting with some of the most complex regulatory issues in the market. Members of the department has more than 25 years’ experience in the area, assisting clients with licences and authorisations, negotiating interconnection agreements, and implementing new technologies. The team also supports clients in public tenders for concessions to use radio-spectrum frequency bands and to operate public telecommunications networks. On the media and technology fronts, the firm often advises on transactional, antitrust, and IP matters. A duo of lawyers jointly lead the group: Antonio Cárdenas, a specialist in bringing amparo proceedings and in administrative disputes, as well as counsel on regulatory matters and government relations; and Jorge Benejam, a corporate and M&A lawyer with numerous clients in the TMT space. Eduardo Gallastegui is no longer at the firm.

Practice head(s):

Antonio Cárdenas; Jorge Benejam

Key clients

Mytaverse

Jaggaer

EA Mexico

AT&T Comercialización Móvil

AT&T Comunicaciones Digitales

Grupo AT&T Celullar

Viasat

Spica Telecom

Orionidas (Coppel)

Representaciones de Audio

Grupo Televisa

Telefómica Global Solutions

Mexico > Banking and finance Tier 4

The Mexico City-based banking and finance practice at global firm DLA Piper Mexico is known for its handling of local and cross-border finance transactions including bilateral and syndicate financings, leveraged buyouts, refinancing and capitalisations, and asset-based loans. Domestic and international banks and SOFOMES feature heavily on its client roster. Practice co-head Diego Martinez, who is experienced in banking and securities financings, is hailed as ‘an expert in his field’; the ‘extraordinaryEdgar Romo also co-leads, and focuses on transactional finance matters, namely those involving the energy and hospitality sectors. Roberto Ríos adds expertise in project financing and public works, and associates Melissa Martínez and Javier Pichardini provide additional support. Since publication, the practice has been notably strengthened with the January 2024 hire of Álvaro Sarmiento - formerly of Kuri Breña, Sánchez Ugarte y Aznar.

Practice head(s):

Diego Martínez; Edgar Romo

Testimonials

Diego Martínez and Roberto Ríos are experts in their fields; they have excellent availability, which allows for a clear line of communication.

DLA Piper’s banking and finance team is extraordinary. They have an outstanding technical level that complements the needs of their clients. There is always a team member available to provide high-level customer care. What makes them stand out is always being deal-oriented, putting the interests of their client before anything else. It is a delight to work with them.

Edgar Romo is an extraordinary lawyer, he is everything one looks for as a client. He masters the subject like few others and always puts the deal first. He is 100% focused on closing transactions and solving problems that arise. His technical level is exceptional.’

Key clients

Alsea

Grupo Bafar

TMF México Business Process

Tuhabi

Banco Mercantil del Norte (Institución de Banca Múltiple)

Scotiabank-Inverlat México (Institución de Banca Múltiple)

Banco Nacional de Comercio Exterior (Institución de Banca de Desarrollo) – Bancomext

Crédito Real

Banco Nacional de Obras y Servicios Públicos (Banobras)

Gentera

Vertex

Santander Consumer Bank

Banco Sabadell (Institución de Banca Múltiple)

Work highlights

  • Represented Alsea in its debt restructuring in the United States to a value of over $1bn.
  • Assisted Tuhabi with securing MXN $400m in financing from BBVA’s new startup financing division, BBVA Spark.
  • Advised Grupo Bafar on the refinancing of loan facilities and a private placement of a $150m bond.

Mexico > Competition and antitrust Tier 4

Competition and antitrust has been a focus of growth for DLA Piper Mexico in recent years and the team now handles a share of COFECE’s sector investigations, as well as being a valuable asset for the firm’s corporate and M&A practice. Illustrative of that link, corporate partner Jorge Benejam co-heads the department; he is especially familiar with the technical and regulatory aspects of the life-sciences, telecoms and technology sectors, as well as analysing potential antitrust issues for M&A transactions. His partner in leading the team is Antonio Cárdenas, a litigator with increasing involvement in antitrust and competition matters. At the associate level, Ana Marietta Rivero is also involved in a contentious capacity, while Regina Esparza, hired from Creel, García-Cuéllar, Aiza y Enríquez, S.C. in September 2022, is an antitrust advisory specialist.

Practice head(s):

Jorge Benejam; Antonio Cárdenas

Key clients

ViaSat

Spica Telecom

Coeur Mining

Gap

Crédito Real

Vorwerk & Co

Grupo Alsea

Taboola Mexico

Nielsen Ibope Mexico

Electrocomponents

MKS Instruments

Sanofi Aventis de México

Work highlights

  • Advising Coeur on the merger control procedure related to its sale of all the issued and outstanding shares of Proyectos Mineros La Preciosa.
  • Advised Gap on the direct acquisition by Grupo Axo of all of Old Navy’s assets and operations in Mexico.
  • Advised Jafra Cosmetics on its acquisition by the Nasdaq-listed company Betterware de México.

Mexico > Corporate and M&A Tier 4

DLA Piper Mexico fields a compact 10-strong team in the corporate and transactional area, handling public and private M&A, the division and/or sale of assets, cross-border transactions, joint ventures and strategic alliances, the conducting of due diligence processes; preparation of MOUs, obtaining of governmental approvals and post-merger integration; the office can also handle relevant tax planning and structuring matters. Not insignificantly, the group also enjoys the benefit of sitting as part of -primarily- the firm's largely unparalleled regional network of offices, and beyond that has access to the firm's global capabilities. A trio of partners jointly-lead the practice: Diego Martinez focuses on general corporate matters with an emphasis on corporate finance, corporate governance matters and M&A - notably in the regulated sectors (he also has strong expertise in financial regulatory matters); while Álvaro Garza-Galván handles M&A, bankruptcy, restructuring, banking and finance, and securities transactions; the pair are also the office's co-managing partners. The leadership group is completed by younger partner Mauricio Valdespino, whose practice is centred on M&A, private equity, corporate and commercial law. Additional partner level experience is provided by veteran practitioner María Eugenia Ríos Espinosa, who has particular knowledge of the labour aspects of corporate transactions and private equity deals; and Jorge Benejam, who has notable experience in competition matters as part of his broader corporate/M&A practice oriented towards the regulated sectors - particularly life science, telecommunications and technology. A solid associate bench includes seniors Jaime Ancer Fortea (complex corporate transactions and  general corporate and commercial issues) and Andrés Calderon (M&A, bankruptcy and corporate matters related to real estate and capital markets); intermediate José Luis Gutiérrez Ramírez, an April-2022 arrival from Creel, García-Cuéllar, Aiza y Enríquez, S.C., is also noted.

Practice head(s):

Diego Martínez; Álvaro Garza; Mauricio Valdespino

Key clients

Grupo Financiero Interacciones

Illinois Tool Works

Alsea

Sumitomo Corporation

Roche Mexicana de Fármacos

Becton Dickinson

Starwood Energy

NTT Data

Pemex

Xinfra Fibra E

Grupo Financiero Banorte

Work highlights

  • Advised Vorwerk, JAFRA’s German parent company, on the sale of JAFRA’s cosmetics operations in Mexico and the United States to the appliance retailer Betterware.
  • Advised Transtelco in connection with its acquisition of Maxcom Telecomunicaciones, as well as on its tender offer to buy Maxcom’s outstanding notes in an equity tender offer carried out through the Mexican Stock Exchange.
  • Advised Xinfra Fibra E on its first M&A transaction, consisting of the acquisition of the Celaya Beltway in the State of Guanajuato, for 90% of the capital stock of Concesionaria Bicentenario and 50% of Operadora Libramiento de Celaya, for approximately $74m.

Mexico > Energy and natural resources Tier 4

The energy practice at DLA Piper Mexico acts for international clients on power generation project development and is also a strong choice for corporate matters relating to the oil and gas industry. The latter is a noted area of strength for the team and it has assisted clients with crude oil and extra-heavy oil projects; incorporating new joint ventures; upstream onshore and offshore natural gas licensing; and the financing of significant oil projects. Renewable energy is also an area in which the team has been active recently, assisting various multinationals with investments therein. Roberto Ríos is one of three department heads and has been involved in a number of energy project financings recently. He leads the team alongside Marcelo Páramo, a dedicated oil, gas and electricity lawyer who started his career in-house at Pemex; and Edgar Romo, whose focus is on project financing and the corporate elements of energy sector matters.

Practice head(s):

Roberto Ríos; Marcelo Páramo; Edgar Romo

Key clients

Gas Natural del Puerto de Altamira (GNPIA)

Murphy Oil

Starmex

Fisterra Energy

Tesla Solar

Coeur Mining

General Electric

Banco Sabadell

Banco Nacional de Obras y Servicios Públicos

Banco Nacional de Comercio Exterior

Work highlights

  • Represented TMF as Mexico-based security agent to a syndicate of global lenders to Fieldwood Energy E&P Mexico, regarding a circa $125m development reserve-based lending facility for an offshore project.

Mexico > Tax Tier 5

DLA Piper Mexico’s revamped tax offering is gaining a foothold in the market since the hire of Guillermo Aguayo from White & Case S.C. in January 2022. He brings experience in complex tax matters relating to cross-border and domestic M&A and corporate reorganisations to a firm whose international footprint draws a high-profile multinational client base. While best known for its non-contentious offering, the team is also gaining profile with regard to tax investigations. Associate Ricardo Mendoza supports Aguayo on the full range of matters; lawyer and accountant Fernando Velázquez is an additional associate contact.

Practice head(s):

Guillermo Aguayo

Key clients

ALD / Societé Generale

Banorte

Vorwerk & Co

Plintron

M&G Polímeros

TD Williamson

Acon Investments

Coeur Mining

Instituto Anglo Mexicano de Cultura

Sifi Group

Work highlights

  • Acting for ALD / Societé Generale in its proposed acquisition of LeasePlan.
  • Advised Banorte on the tax aspects of an agreement for a strategic commercial alliance with TuHabi.
  • Advised Vorwerk & Co. on the tax aspects of the $255 million sale of Jafra’s US and Mexico operations to Betterware.

Mexico > Projects and infrastructure

Mexico City-based DLA Piper Mexico specialises in energy and infrastructure projects, and is regularly instructed by leading domestic financial institutions seeking support with cross-border financings, restructurings and the development and operation of projects. The practice’s key contacts are Roberto Ríos, who is well-versed in project finance, PPPs and government procurement; and Edgar Romo, who focuses on M&A, capital markets and corporate governance.

Latin America: International firms > International arbitration

DLA Piper LLP (US) has rapidly expanded its Latin America-facing international arbitration practice in recent years; co-global chairs Michael Ostrove and Kate Brown de Vejar sit in Paris and in Mexico City, respectively - with the latter particularly known for her work in the energy and infrastructure sectors. The firm has achieved ever greater prominence in the Mexico market, particularly in the energy sector (notably power and renewables). It has also seen further growth in tech, life sciences and pharmaceutical disputes. The team has a strong mix of investment and commercial arbitration engagements, and represents a number of big-name multinationals. Mexico City co-practice head Gabriela Álvarez Ávila , whose past experience incudes seven years as senior counsel at ICSID, is another key practitioner. Bogota's director of international arbitration, Ricardo Alarcón, is also noted. Former Mexico-office senior partner Gerardo Lozano Alarcón left the firm in November 2022 to become a sole arbitrator and counsel; former Buenos Aires-based senior associate Sabrina Ramos also departed - in her case to undertake an LLM in Stanford.

Practice head(s):

Michael Ostrove; Kate Brown de Vejar

Testimonials

A great team put everything at the service of the case.

Kate Brown de Vejar, a brilliant person with the ability to answer questions from the court knowing the whole case, without having to consult and answer later, and in doing so, make connections to other points in the proceedings thereby strengthening the argumentation.

Latin America: International firms > Banking and finance

DLA Piper LLP (US)’s sizeable Latin America team in the US alongside practitioners in the region itself, provides a solid platform for a growing banking and finance practice. The firm has built an enviable client base, particularly Latin American borrowers, and is widely recognised for its geographic spread of engagements in project finance and large restructurings. The team was further strengthened by the hire of Latin America banking and finance specialist Robert da Silva Ashley from McDermott Will & Emery LLP in April 2023; splitting his time between New York and Miami, he brings wide-ranging experience in project finance and corporate lending, including wind and solar projects. Margarita Oliva Sainz de Aja is co-regional head of Latin America banking and finance, and is another experienced figure in project finance and general corporate lending. Mexico City partner Edgar Romo and Lima’s Sergio Barboza, are also co-regional heads of the group, and are key figures within the team, along with José Sosa-Lloréns in Puerto Rico. Raul Farias, who splits his time between San Diego and New York has made a big impression in cross-border financings and refinancings, and has also led on a series of large-scale restructuring engagements; he was the lead partner in advising Mexico-based Crédito Real on its $2.9bn global debt restructuring encompassing six different jurisdictions and more than 45 different creditors.  

Practice head(s):

Margarita Oliva Sainz de Aja; Edgar Romo; Sergio Barboza

Testimonials

We structured one of our financings with the firm. We worked in a fairly integrated way between the internal and external team, with cost-efficient results that are solid and sustainable in the long term.

Margarita Oliva is very knowledgeable and expert in the renewable energy sector in Latam and also knows the finance-players normally involved in financing this type of project. This allows negotiations to be approached with accurate knowledge of the applicable standards. She was very present throughout the consultancy, allowing matters to continue advancing in an orderly and systematic manner towards the objective.

Key clients

Alsea

Grupo Bafar

Crédito Real

Puerto Rico Public-Private Partnership Authority

Grupo Famsa

Famsa USA

Vextor

Bank of China

Cultiva Financial

Banco Compartamos

Work highlights

  • Represented Mexico City-based regional restaurant operator, Alsea, on its  $1bn-plus debt restructuring in the US and related senior notes issuances for $500m (due 2026), and €300m (due 2027), in the US.
  • Represented Grupo Bafar in connection with the refinancing of loan facilities and a private placement of a bond worth $150m in the US.
  • Advised Crédito Real on its liability management exercise to refinance its Swiss Franc bonds.

United States > Dispute resolution > International arbitration

DLA Piper LLP (US) scores highly with clients for its advice that ‘marries legal acumen to business sophistication‘. The growing practice recently added new clients across a diverse spread of sectors, including energy, financial services, and manufacturing. Global group co-chair Kate Brown de Vejar splits her time between New York and Mexico and acts on a broad range of commercial and investment arbitration cases; she successfully represented the Republic of Lithuania in an investment treaty case brought by a Russian fund in respect of the nationalization of Bankas Snoras. New York-based Kiera Gans is noted as ‘incredible in her focus on the client‘.

Practice head(s):

Kate Brown de Vejar

Other key lawyers:

Kiera Gans; James Berger; Charlene Sun

Testimonials

‘They are not only excellent lawyers, but have a keen business sense, recognize the realities in the commercial space and provide top-notch advice that marries legal acumen to business sophistication.’

‘The DLA team takes a practical approach to litigation and enforcement. Unlike many lawyers in the space, they do not get overly bogged down in the legalese; rather, they provide straightforward advice that caters to business professionals.’

During the proceedings, DLA Piper exhibited minute knowledge about how incremental regulatory changes affected our industry and the company, and how these changes were subject to various international agreements and treaties.’

Specifically regarding collaboration, the team were always quick to respond by either phone or email, they listened to concerns and incorporated client suggestions, if those suggestions made sense. In cases where client suggestions didn’t make sense, they spent time explaining why.’

From a diversity standpoint, the team was truly international, and the three main partners were women. I have never seen, and I think it would be unusual at other firms to see, team leadership comprised as such.’

‘Kate Brown de Vejar is amazing. She is at the top of her game and it showed during the tribunal proceedings. Her understanding of client needs and issues, her sense of teamwork and leadership, and her grasp of the industry, company, and case overall was outstanding.’

Kiera Gans was incredible in her focus on the client, their needs, and how to bring the case forward in a way that was most advantageous. Her communication skills both in working with clients and the other teams in this case was exceptional.’

Key clients

Government of the Republic of Lithuania

Gebre LLC

Cube Infrastructure Fund SICAV

Olin Holdings Ltd.

Rusoro Mining Ltd.

Third Eye Capital Corporation

Sanofi-Aventis Deutschland, GmbH

Work highlights

  • Secured a victory for the Republic of Lithuania in an investment treaty case brought by a Russian fund in respect of the nationalization of Bankas Snoras.
  • Obtained a victory for Gebre against Kyrgyzstan, confirming a $15m arbitration award plus $3m in legal costs to the assignee of Canadian-based Stans Energy and its subsidiary.
  • Successfully defended Sanofi-Aventis in a JAMS arbitration in connection with a $37m breach of contract lawsuit filed by Lexicon Pharmaceuticals.

DLA Piper Latin America’s Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 450 lawyers practicing throughout Argentina, Brazil, Colombia, Chile, Mexico, Peru, and Puerto Rico, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe to ensure our clients receive the depth of service they require to meet their legal and business objectives.

DLA Piper assists with business transactions and cross-border disputes throughout Latin America. We handle matters in every country in the region and across every industry sector in which our clients operate. As the level of sophisticated cross-border activity continues to grow throughout the entire region, DLA Piper continues to expand services to clients with a Latin America presence through our cooperation with Campos Mello Advogados in Rio de Janeiro and São Paulo, Brazil and with our DLA Piper multi-disciplinary practice with offices in:

  • Bogota, Colombia
  • Buenos Aires, Argentina
  • Lima, Peru
  • Mexico City, Mexico
  • Rio de Janeiro and São Paulo, Brazil (Campos Mello Advogados in cooperation with DLA Piper)
  • San Juan, Puerto Rico
  • Santiago, Chile

Our experience in Latin America includes assisting companies from inside and outside the region with the full range of business, legal and commercial services that DLA Piper provides worldwide:

  • Capital markets
  • Compliance and investigations
  • Energy, mining and natural resources
  • Family groups
  • Franchise and distribution
  • Hospitality management agreements
  • Inbound and outbound capital investments
  • Insurance and reinsurance
  • Intellectual property and technology transfer, registration
  • International arbitration
  • Labor and employment, immigration
  • Litigation
  • M&A
  • Market entry
  • Privacy and data security, e-commerce
  • Private equity and debt financing
  • Project finance and public-private partnerships
  • Real estate investment
  • Tax structuring, transfer pricing, imports and market access issues
  • Telecommunications, media, and entertainment regulation and licensing

A number of our lawyers were born or raised and educated in the region and are fluent in Spanish and/or Portuguese. Many have also practiced law in both the US and Latin America and are intimately familiar with civil law systems and with the cultural and legal nuances required to successfully do business in the region. Our strategic relationships on the ground throughout Latin America enhance our understanding of the region and enable us to provide our clients practical, meaningful legal advice. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all of our clients’ legal needs, whether they are based in Latin America or wish to do business there.

The United States, specifically New York and Florida, has deep economic and cultural ties to Latin America. After many decades of being at the center of the most complex cross-border matters related to Latin America, New York law is firmly established as the most widely accepted applicable/governing law on cross-border transactions related to Latin America.

Our US based team of Latin America practitioners regularly acts as lead counsel on a wide range of cross-border matters in Latin America, ranging from complex capital markets, finance and M&A matters to public private partnerships and market entry and establishment issues. For more information, visit https://www.dlapiper.com/en/latinamerica/

Department Name Email Telephone
Co-Managing Partner Mexico City Diego Martínez diego.martinez@us.dlapiper.com +52 55 5261 1855
Co-Managing Partner Mexico City Álvaro Garza alvaro.garza@us.dlapiper.com +52 55 5261 1865
Other fee-earners : 37
Partners : 15

Diego Martínez and Álvaro Garza, Co Managing Partners

1) What do you see as the main points that differentiate [law firm name] from your competitors?

Diego Martinez and Alvaro Garza explained that DLA Piper Mexico (“DLA Piper Mexico”) unlike any other law firm located in Mexico, our Firm has presence in almost all countries and major cities, which allows us to provide a one-stop shop at a Global level. This is an important advantage vis-à-vis local firms and international firms and of course, local firms that have not such capacity and infrastructure needed to provide high-quality services worldwide simultaneously and in a coordinated manner.

The advantage of our Firm by providing IT solutions is a key factor that will benefit our clients. These solutions are to be implemented world-wide and shall comply with the maximum best practices and standards in the legal services industry. Having these benefits available for our clients should make a difference from our competitors.

Artificial Intelligence (AI) is a tool that is useful for our work. AI is creating benefits not only for lawyers but for clients. DLA Piper is working on having the most advanced internal to duly use these benefits. While AI is an important tool, we must be sure that it is used properly avoiding any risks, especially those related to the ethic aspects of our profession, including the confidentiality of the information of our clients.

Additionally, our worldwide experience and the advantage of having first-hand innovative solutions resulting from the input of our clients demanding innovative legal services in many other manners and involving different practices related to a wide range of industries, allow us address clients new needs rapidly and in a comprehensive manner.

 

2) Which practices do you see growing in the next 12 months? What are the drivers behind that?

Financing, refinancing and insolvency, matters, including Even with the Mexican economy performing better than expected and the upcoming Presidential election, we expect that matters related to cross-border reorganizations will still be present during 2024.

We also foresee opportunities in the real estate sector due to the change of the logistics of international commerce and the so-called “Near-shoring” phenomenon. Due to the proximity of Mexico to the US and the regionalization of the economy, our country is currently attractive to real estate investors, including foreign, and manufacturers of all kinds of goods. Investors from the US may delay some of their investment decisions due to the Presidential elections both in the US and Mexico, but it is inevitable that US investment will increase in the coming months as in the case of other foreign investors.

Many real estate developers are re-visiting their portfolios to de-invest from residential and office real estate assets and instead investing in industrial property. This has been seen in the Northern part of the country, such as Nuevo León and Chihuahua. Also, some states in Bajio, such as Queretaro and San Luis Potosí may be attracting investors that provide goods to the US.

Clients are also aware of the need of setting strict internal controls for their operations. Therefore, compliance and investigations matters are a trend now a days.

Controversies derived from new policies, particularly those related to the energy sector, make our litigators key to address our client’s needs. Mining laws and regulations continue to change. We expect the Mexican government will define certain criteria as it relates to those laws and that they will provide additional clarity for mining industry clients.

ESG is also a practice which importance has increased.

Finally, distressed M&A and tax opportunities are frequent, so this practice is important for DLA Piper Mexico. M&A, private equity and venture growth distressed transactions cannot be handled properly without legal and tax advice. Investors that have liquidity are investing in companies and assets particularly, investment in technology and digital services, among other industries. We anticipate this trend to continue through 2024.

 

3) What’s the main change you’ve made in the firm that will benefit clients?

Change is constant and we are prepared to provide specialized legal services that are designed to better serve our clients.  Expanding our practices so we can address not only local but also foreign clients is a change that we continue to provide quick responses, address client needs, and reduce their legal costs.

As indicated previously, it is important for us to continue defining AI internal policies that will benefit our clients.

 

4) Is technology changing the way you interact with your clients, and the services you can provide them?

Absolutely. Recognizing that technology is a fundamental tool for any kind of services provider, including legal services, the Firm is recurrently investing in technology that will maximize our clients’ time.  We communicate with our clients mostly through technology instead of face-to-face meetings.

Our focus is now on implementing responsible AI internal policies  that makes our work more efficient.

 

5) Can you give us a practical example of how you have helped a client to add value to their business?

Our lawyers are specialized and have deep knowledge of our clients’ industries. This allows us to quickly and clearly resolve any legal need that our clients might have.

 

6) Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Yes. We foresee an even stronger influence of technology to help us provide legal services as clients expect constant contact with their outside legal counsel. We are dedicating important efforts to lead the legal services industry in AI. We also foresee AI advances in other industries that we believe will prove useful or necessary for the benefit of our clients. Long-time personal relationships build client’s confidence and trust that will never be replaced with technology. But as we anticipate less personal contact with our clients, we recognize their need to have us available to help them make decisions.