DLA Piper Perú > Lima, Peru > Firm Profile

DLA Piper Perú

Peru > Real estate Tier 1

DLA Piper Perú offers clients ‘great knowledge of the real estate and construction business’ and the team acts for high-profile domestic and international clients in transactions, disputes, regulatory matters, administrative issues and corporate mandates. The team, which is led by Hernán Velarde, is well versed in cross-border deals, and leverages its international network for support when necessary. Velarde is recommended for land use matters, urban planning, permitting, contracts, construction and financing matters and is supported by four associates: Andrea Pinillos, Yaritza Rivera, Katia Pinedo and Rosa Villalón. Pinillos and Pinedo are notably experienced in civil, registration and urban planning matters, while Rivera is a name to note for due diligence on transactions and lease agreements, and Villalón handles permitting and administrative matters. Associate Johana Quezada left the firm in December 2022.

Practice head(s):

Hernán Velarde


‘Great knowledge of the real estate and construction business makes this practice unique.’

‘Hernán Velarde leads a very cohesive team of professionals.’

‘Great knowledge of the real estate and construction business.’

‘You are close to the partner throughout the process.’

‘Good knowledge of recent regulations and laws.’

‘Good advice and recommendations for decision-making.’

‘They work as a team, and share responsibilities depending on the assignment.’

‘They accompany us on the decision-making process in transactions and not only analyse legal, but also tax and financial risks.’

Key clients

Kallpa Generación

Esparq Inversiones

EOM Grupo / Espinosa Arquitectos

Promotora Grupo Norte

Inmobiliaria Edifica

Hemisferio Inversiones (Rosental Inversiones)

Wework Perú

Cocinas Ocultas Peru (CSS Company)

Sura Asset Management

Fibra Credicorp (Credicorp Capital Sociedad Titulizadora)

Capital Center

Rimac Seguros

Constructora Cumbres

Cimenta, Administradora General de Fondos

Lider Promotora Inmobiliaria

Sazón Criolla

Wyndham Hotel Group (Maragogi)


La Quinta de los Fabricantes

Machiels Perú

Esparq Ciesa Contratistas Generales

Ciesa y Covilar

Inversiones y Rentas Inmobiliarias (RedFin)

Work highlights

  • Advised Espinosa on the financing requested from Banco de Credito del Perú for $27m for the development of a project.
  • Advised Espinosa Arquitectos on the mixed-use development project Camino Real 195 in the district of San Isidro, Lima, a matter valued at $17m.
  • Advised Capital Center on the placement of its offices located in Centro Empresarial Plaza República, district of San Isidro, including a heliport and a central plaza, through leasing contracts with different types of clients.

Peru > Banking and finance Tier 2

DLA Piper Perú is well placed to handle multi-jurisdictional transactions by virtue of its broad international network, and often works in tandem with other offices. Under the leadership of Sergio Barboza, who has ‘a solid reputation at the transactional and regulatory level’ and Ricardo Escobar, the practice continues to act for borrower and creditor clients in financings, banking-related corporate work and regulatory matters. It is well versed in deals in the infrastructure, telecoms, energy, mining, and oil and gas sectors, and acts for banks, financial institutions, insurance companies and investment fund managers. Barboza has 20 years of experience in banking and capital markets matters; Escobar acts for foreign and domestic clients on financing transactions; and principal associate Reyna Silva-Santisteban handles a range of contractual, corporate, financial and administrative matters. Juan Carlos Ramírez and Nelly Espinoza are also key contacts at the principal associate level, with Espinoza bringing expertise in regulatory and compliance matters. Associates Farah Torres and Ricardo Mercado are also noted.

Practice head(s):

Sergio Barboza; Ricardo Escobar


‘We believe DLA Piper is superior to other financial firms we have worked with, as they combine excellence and experience in both transactions and banking regulations.’

‘They efficiently handle any financial matter, including M&A and capital markets, and have a large, highly qualified senior team, and all the lawyers have a very business-focused orientation.’

‘Sergio Barboza has a solid reputation at the transactional and regulatory level. He has led all the strategic transactions of our company and has a very good relationship with the financial authorities.’

‘Farah Torres and Nelly Espinoza know banking and stock market regulations in detail, and are extraordinary at anticipating the risks we face. They are undoubtedly two stars in this matter. They are always available to attend to any issue.’

‘We were accompanied by a large team with lots of expertise in various fields (banking, trust, corporate, real estate).’

‘Great working with Reyna Silva-Santisteban, Ricardo Mercado and Sergio Barboza; they have been very helpful, available and have delivered quality work.’

‘The firm has lawyers with a high level of expertise, they work very closely with clients, working hand in hand in the implementation of regulations, being purposeful and clear in their recommendations.’

‘Clear, simple and timely communication.’

Key clients

JPMorgan Chase Bank

Goldman Sachs

Oesterreichische Entwicklungsbank (Development Bank of Austria) – OeEB

ING Bank


BTG Pactual

Deutsche Investitions- Und Entwicklungsgesellschaft MBH – DEG

Santander Bank

Belgian Investment Company for Developing Countries – BIO

Bank of China

International Finance Corporation – IFC



TMF Group

Itaú Corpbanca

Work highlights

  • Advised on the $3.7bn debtor-in-possession (DIP) financing to LATAM Airlines Group and Qatar Airways Investments.
  • Advised IDB Invest on finance connected with developing social housing projects.
  • Advised Banco Santander Perú and Banco Santander (NY) on a syndicated loan.

Peru > Dispute resolution: Arbitration Tier 2

DLA Piper Perú‘s arbitration practice is jointly headed by Carlos Nuñez and Hernán Jordán, who each have more than two decades of experience in arbitration. The practice’s construction and project matters division is led by Nuñez, while Jordán leads the commercial arbitration aspect, which has sector specialisms such as mining, energy, finance, insurance, retail and transport. The firm is well placed to utilise its vast international network in cross-border arbitrations, as demonstrated by its experience in handling arbitrations before the ICC and ICSID. Other key team members include associates Billy Franco, Alessandra Iannacone and Alejandro Tello.

Practice head(s):

Carlos Nuñez; Hernán Jordán


‘Compared to other law firms, there is more client service, communication, invitation to legal events, sharing legal information, and virtual or face-to-face meetings.’

‘Specialists with extensive experience in litigation and disputes involving claims associated with construction contracts. Multidisciplinary team, with continuous support depending on the specialisation of the case. They are extremely flexible, prompt in their attention and have a very special and different focus that revolves around the results of the advised company. They are correct and fair in costs. You get more than what you pay for.’

‘They are highly specialised, they have management and control of the market, they know the participants and they know the contractor market. They have a recommendation that is not only legal but also strategic for effective negotiation.’

Key clients

ABB Canada y ABB Sweden

Construcoes e Comercio Camargo Correa

Convial Sierra Norte

Concesionaria Interoceánica Sur Tramo 2

Concesionaria Interoceánica Sur Tramo 3

TMF Perú

Teoma Global

ARSA Energy Capital

ESPARQ CIESA Contratistas Generales

Consorcio Huachipa

Corporacion Peruana de Aeropuertos y Aviación Comercial

Empresa de Transformación Agraria

Club Tennis Las Terrazas Miraflores

Aguaytia Energy del Peru



Constructora Cumbres

Work highlights

  • Advised on an arbitration against a public entity regarding a relevant water project in Peru.
  • Advised on an arbitration against a public entity after the annulment of an arbitral award.
  • Advised on an arbitration against a public entity in a case involving the criminal liability of public officials.

Peru > Dispute resolution: Litigation Tier 2

DLA Piper Perú‘s dispute resolution team offers clients advice on various contentious matters, including real estate rights, commercial disputes, constitutional cases, contractual litigation and private international law. The team utilises its global network to assist clients in cross-border disputes, with co-heads Guillermo Hesse and Hernán Jordán adept at handling international litigation. Of counsel Javier Abusada, with more than 20 years’ experience as a litigator, is also a key contact for tax, administrative sanctions and telecoms matters. Associates Alejandro Tello and Ricardo Geldres are also names to note for litigation.

Practice head(s):

Guillermo Hesse; Hernán Jordán


‘I have seen a highly prepared team to carry out a case with great strategy. I notice a renewed team with young lawyers but who have the same winning spirit as the firm’s senior lawyers.’

‘Its best experience in this precise field is notorious as to propose a winning strategy and overcome objections by the counterparty.’

‘Guillermo Hesse is outstanding as manager and director of the legal strategy of each case, and in monitoring the different procedural stages.’

Key clients

Corporacion Financiera de Desarrollo

ARSA Capital Investment

Savia Perú

Concesionaria IIRSA Norte

Concesionaria Interoceánica Sur Tramo 2

Concesionaria Interoceánica Sur Tramo 3


Línea Amarilla Brasil Participacoes

Nycander von Massenbach Family

Star Up

Comercio y Servicios de la Selva

Liquidez Perú

Work highlights

  • Advised on litigation initiated by a public entity seeking to annul arbitral awards.
  • Advised on litigation against a public entity for annulment of a land transport agreement.
  • Advised on the enforcement of an arbitral award and debt collections.

Peru > Projects and infrastructure Tier 2

DLA Piper Perú‘s projects and infrastructure team is headed by Carlos Nuñez, who is especially adept at advising clients on the formation and execution of public and private infrastructure projects. The practice is able to offer its clients - which include names such as Minsur and Consorcio Ríos del Norte - an international approach to matters by virtue of its global network. Recent work for the team includes advice to Concesionaria Vial Sierra Norte on the execution of a concession contract and assisting Aguaytía Energy del Perú with a construction contract and related arbitration. At the associate level, Victor Velásquez is a name to note for the construction of both public and private works, while senior associates Reyna Silva-Santisteban, Ramiro Rubio and Julio Villanueva are key contacts for issues such as government contracting, advice during the contract execution stage, and connected disputes.

Practice head(s):

Carlos Núñez


‘It is a team committed to its clients.’

‘Carlos Nuñez is knowledgeable in the area of infrastructure and dispute resolution.’

‘Strong knowledge of public-private partnership contracts.’

‘Extensive experience in the sector, knowledge of project management with a focus on the mining and construction sector. It has personnel with knowledge of handling and managing construction projects, which allows them to issue adhoc comments and or suggest appropriate strategies that seek to mitigate conflicts and/or claims. They have a very good understanding of user needs.’

‘Experience in the construction industry for the mining sector, with a focus on project management. Clear knowledge of the technical construction sequences, since this allows them to efficiently recommend the best practices.’

Key clients

Consorcio EPC

Concesionaria IIRSA Norte

Concesionaria Interoceánica Sur – Tramo 2

Concesionaria Interoceánica Sur – Tramo 3

Aguaytia Energy del Perú

Concesionaria Vial Sierra Norte



Autopista del Norte

Minera Chinalco Perú

Intersur Concesiones

Estacionamientos Rivera Navarrete

Consorcio Ríos del Norte

DVC-Saceem Consortium

Work highlights

  • Acted as the main advisor of the EPC Contractor whose members are the same holders of the Metro de Lima Línea 2 Concessionaire SPV.
  • Advised Concesionaria Iirsa Norte (member of the Odebrecht business conglomerate), which oversees 1047 km of the IIRSA (Initiative for the Integration of South American Regional Infrastructure) highway.
  • Advised Concesionaria Interoceánica Tramo 2 and Concesionaria Interoceánica Tramo 3, in charge of 246.4km of the IIRSA and 404km of the IIRSA interoceanic highway, respectively.

Peru > Capital markets Tier 3

DLA Piper Perú stands out for its experience handling cross-border deals for domestic and multinational companies, where it leverages its global office network. The team acts for issuers and underwriters in public equity and debt capital transactions, such as IPOs, follow-on offerings and listings in international markets, and is also known for the offering of investment-grade and high-yield bonds, including Rule 144A and Regulation S transactions. Sergio Barboza heads the firm’s banking and finance and capital markets offerings with over 20 years of experience, while senior associate Nelly Espinoza, a key member of the team who leads on high-profile deals, is recommended for compliance, day-to-day operations and sanctioning proceedings. Farah Torres is another key senior associate, who focuses on regulatory advice, financing and debt issues.

Practice head(s):

Sergio Barboza


‘The speed of responses is very important these days, and DLA Piper offers this characteristic in its service.’

They are quick to respond, but also very clear and straight to the point.’

‘Good professionalism and speed in giving answers.’

‘High level of knowledge and experience in practice.’

‘Their attention is excellent, they always answer on time, with the required detail and efficiency.’

‘One of the innovations in the firm’s service is the integration between knowledge of the stock market, financial system regulations and fintech issues.’

‘Normally, my inquiries are directed to Farah Torres, who stands out with distinction when clearing up our doubts.’

‘The biggest difference is the understanding and response that is provided, since it solves the specific query, avoiding general formulas or ambivalent responses. Their answers are precise and efficient.’

Key clients

Credicorp Capital Servicios Financieros

Santander Consumo Perú

Agrícola y Ganadera Chavín de Huántar

Macrocapitales Sociedad Administradora de Fondos de Inversión Inteligo

BTG Pactual SAB

BTG Pactual

Conexa Asset Management

Rimac Compañía de Seguros

Financiera Oh

BD Capital

Work highlights

  • Advised Inteligo on the issuing of second short-term instruments from the programme of Santander Consumo Perú.
  • Advised Credicorp Capital Servicios Financieros on the placement of negotiable certificates of deposit.

Peru > Corporate and M&A Tier 3

DLA Piper Perú acts for large local and multinational clients and leverages its large global network to handle cross-border deals. It advises companies on the full life cycle of deals, from due diligence and structuring to negotiation and preparation of documents, to post-transaction issues. It also stands out for its ancillary expertise in private equity and venture capital matters, antitrust and competition issues, and general corporate governance. The team is led by Luis Vargas, Fernando Lanfranco and Janilú Badiola: Vargas handles corporate transactions in the construction, energy and real estate sectors; Lanfranco deals with corporate, civil and financial law; and Badiola advises on day-to-day corporate and commercial issues, and deals in highly regulated industries.

Practice head(s):

Luis Vargas; Fernando Lanfranco; Janilú Badiola


‘The team have been excellent, extremely responsive (despite the time difference), on the front foot explaining differences and intricacies of Peruvian law and steering us towards how the market is in Peru.’

‘Janilú Badiola has been wonderful – I would not hesitate to recommend Janilú or to use her again. She has driven forward the process and managed the other side very proactively. Mariajosé Salazar and Nelly Espinoza have also been helpful at providing updates, turning the documents and closing off points.’

‘The team is excellent, and their ability to work as a team also stands out.’

‘Dealing with clients and their style / legal culture is fantastic. I would highlight their high standards of personalised service and their ethical level.’

‘Fernando Lanfranco stands out especially not only as a lawyer but personally and ethically.’

Key clients

American Tower Corporation

Basa Group

British American Tobacco Peru

Carsol Fruit Export


Constructora Cumbres



Get Justo

Grupo Nuovit

Importaciones Hiraoka


Kallpa Generación

Louis Dreyfus Group

Mall Plaza Peru

Minera Chinalco

Pandora Jewelry

Rico Pollo


Peru > Dispute resolution: White-collar Tier 3

The white-collar criminal law practice at DLA Piper Perú benefits from the firm’s expansive global network, with practice head José Marcelo Allemant leading a team of four lawyers in Peru. Allemant specialises in preventative strategies for private companies, as well as the defence of preliminary investigations and criminal proceedings. Senior associates Marco Antonio Bustinza and Danae Beteta are experienced in corporate criminal law and economic criminal law, respectively. Associate Espitz Beteta specialises in criminal defence and the prevention of crime, and junior associate Jhoel Julca is another key contact for white-collar criminal law matters.

Practice head(s):

José Marcelo Allemant

Key clients

Cooperativa de Ahorro y Crédito

Rico Pollo




Concesionaria Peruana de Vías

BD Capital

American Tower Perú


CC Metro Lima

Importaciones Hiraoka

Caja Huancayo

Grupo Norte

Caja Cusco

Work highlights

  • Advised on a money laundering case before the Organised Crime Prosecutor’s Office.
  • Advised an ex-manager regarding an accusation of misappropriation of a company’s assets.
  • Advised a client on complex organised crime, money laundering, corporate governance fraud and other financial crimes.

Peru > Labour and employment Tier 4

DLA Piper Perú‘s employment practice benefits from the firm’s international presence and is active in a variety of sectors, including mining, finance, telecoms, retail and real estate. Practice head Cecilia Guzmán-Barrón leads a team of five lawyers and is particularly active in matters such as designing strategies for hiring processes and managing complex lay-offs. The team also offers assistance to clients in relation to collective negotiations, policy reviews, audits, and health and safety at work matters. Senior associate Flavia Granados is a key contact for matters such as productive decentralisation and both domestic and international hires.

Practice head(s):

Cecilia Guzmán-Barrón


‘The team is highly qualified for labour practice. They are not only limited to giving a legal response but also proposing alternatives to mitigate risks. It differs from other practices because it treats the client as if it were its own internal operation, it responds assertively and on time.’

‘Flavia Granados’ best qualities are her specialisation in technical issues and the ability to explain or recommend their implementation in a simple way. In the case of Maria Teresa Cuba, her best qualities are proposing solutions to complex work situations and preventing alternatives for various situations that could potentially occur. Cecilia Guzman-Barron as a partner adequately manages the entire team and provides an almost personalised level of service to her clients.’

‘Excellent team, with first-rate professionals with great commitment to their clients. They provide clients with the best support and follow-up on the cases. They adapt to the needs of the client.’

‘They are all very kind, responsible and committed; and always seek to satisfy the client’s need.’

‘The DLA Piper team, especially Flavia Granados, supports us a lot since she knows almost the entire history of the company, which makes it more comprehensive when putting together a strategy for the company to achieve its mission. Also, the response time is much shorter compared to other offices.’

‘I consider that the outstanding partner is Flavia Granados, since she is always willing to help the company and her response time is super fast.’

Key clients




Laureate Education Peru

Peru > Tax Tier 4

DLA Piper Perú is well positioned to handle regional and international matters thanks to its broad global network, and often works in conjunction with other offices on cross-border matters. The practice is active in the finance, construction, agricultural and mining industries and advises on corporate matters, such as M&A, restructurings and reorganisations, and is also active in private client work for ultra-high-net-worth families and individuals. Practice head Erik Lind offers solid international experience and is supported by senior associate Luis Miguel Sambuceti and associate Rainer Carrillo.

Practice head(s):

Erik Lind


‘I like that they experience the cases as if they were part of the company, taking great care in the results of the different processes that we carry out together.’

‘Rainer Carrillo is very willing to meet our needs and queries that may arise. He is always available.’

Key clients

American Tower Corporation

British American Tobacco del Perú

Grupo Basa


Sociedad Agrícola Tres Cruces

Importaciones Hiraoka

La Tinka

Fundición Central

Euroamericana de Comercio y Finanzas


Sociedad Agrícola Moche Norte


Laureate Education

Cooperativa de Ahorro y Crédito Pacífico

Infosys Sucursal del Perú

Consorcio EPC (Consorcio Constructor de la Línea 2 del Metro de Lima)

Star Perú

Herbalife Peru

Corporación Primax

Prime Capital

CCLA Group – Lider Promotora Inmobiliaria

Compañía Minera e Industrial Sagitario

Utmost International

Work highlights

  • Advised Grupo Edifica on the tax structuring of a real estate project development to be carried out in Brickell, Miami, valued at $40m.
  • Advised Conexa on the tax structuring and implementation of a real estate project in the district of Oxapampa, Department of Pasco, to be carried out by its special purpose vehicle.
  • Advised a company on the transfer of the overlapping land and subsequent sale of the asset in a deal valued at $8m.

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. Since publication, the team has been strengthened with the hires of Sao Paulo-based Bruno Soares (who has built a well-rounded practice and a strong record in financings across the region, including ESG-linked loans) and the New York-based Joseph Stefano (a specialist in secured and unsecured corporate financing) – effective as of February and April 2024, respectively.  

Practice head(s):

Margarita Oliva Sainz de Aja; Edgar Romo; Sergio Barboza


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


Grupo Bafar

Crédito Real

Puerto Rico Public-Private Partnership Authority

Grupo Famsa

Famsa USA


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.

Hernán Velarde, Real Estate Partner & Andrea Pinillos

Hernán Velarde is a Real Estate Partner & Andrea Pinillos a Real Estate Associate at DLA Piper Peru.  

What do you see as the main points that differentiate DLA Piper Peru in the area of Real Estate from your competitors?

I am convinced that the main strength that differentiates us from other real estate practices is that we provide a personalized attention, complete advice and support. We understand real estate law as a cross-cutting discipline and not as a subject outside the other areas of law. In this sense, we are committed to having lawyers specialized in real estate law, but without losing sight of the fact that they should know the law in general and other areas of law related to our area of practice.


Thus, as part of our practice in real estate law, we advise clients in matters such as civil law, building sanitation, registry law and municipal law, among others. In addition, in order to provide a global advice, we also deal with tax, financial, commercial and regulatory matters, but that does not mean that we are not familiar with the application of other legal disciplines, since its interference depend on the specific transaction and how we structure it.


The above is reflected in the scope of our work, from the beginning of our advisory and until the operation is completely closed. It is very important to us that our clients feel accompanied during the whole process and comfortable enough to ask us any questions until they are totally convinced and sure that they can trust us to carry out their deals.

What are the drivers behind the growth of this practice area for your firm?

We are committed to the constant updating and training of our team. We are always attentive to the new forms of business in which our clients and potential clients may be interested. I believe that this contributes to making our firm attractive to the real estate market. In addition, this adds to our professional experience and quality of work, which also allows our constant growth.

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

I believe that the main change we have achieved in the firm is the capacity for analysis and organization that allows us to find the best strategy to carry out a transaction in which our client is interested. On the other hand, there is our experience in property transactions either for commercial or residential projects, as well as lease negotiations that have helped us strengthen our skills and transmit security to our clients to carry out their business and operations.

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

Yes, we are significantly more connected with our clients. It is much easier to discuss and exchange ideas. We work with numerous clients that are based abroad and thanks to different platforms that we have available today, distance is not an issue whatsoever. Today, distance is no longer a limitation and it is possible to work with companies anywhere in the world.

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

We currently have a wide portfolio of clients dedicated to the real estate business, which in some cases, through our introduction, have been able to interact and develop new businesses together.


For instance, in the last few months we have supported a client owning an important piece of land where he could develop a real estate project by selling that asset (partial cash payment) and in exchange for real estate units of other projects owned by a developer, who is also our client.  This worked well for both because it allowed the seller to obtain a higher value for his assets and the developer to achieve the number of sales requested in order to bank the project.  The expertise and seriousness of both our clients, as well as our references to both, resulted in a new relationship and successful business operation.


Another recent example, is having supported a client who was denied his building license for exceeding the regulatory height, to not only gain back his license, but gain it back with two additional floors to those originally permitted, significantly increasing the area sold for such project.

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

Taking advantage of the fact that we are a global firm, we can provide quality advice throughout the region. If our client does business in more than one jurisdiction, we can contact them with our firm’s offices in those countries and assure our client of quality and interconnected advice.


In three years, I see the firm as a leader not only in the country, but also regionally. Our team has grown meaningfully and we estimate that it will continue to grow. We are committed to young talent, care about having the best qualified professionals, and that people grow together with us.

What is the future for Real Estate work in Peru? Where do you envisage changes and developments in the area in the upcoming years?

Real estate has been growing exponentially and obtaining a wider place in the market; a clear example of this is Lima and the amount of multifamily and commercial buildings that this city currently has. Along with this is the high need for citizens’ housing and the need for new business workspaces. Since much of our work relies on advising on transactions of purchase and sale of real estate, forms of financing, as well as advice for the development of real estate projects, and taking into account the high demand to which I mentioned above, I consider that there is a great expectation regarding the work of real estate in upcoming years.


Furthermore, taking into account the new trends in the real estate sector in our country, I believe that there will be even more development related to hotels and coworking spaces. To date, there are a variety of hotel projects, as well as companies that have seen great potential in the coworking business given the increase in small businesses, as well as independent professionals who find a shared workspace more attractive. Senior citizens care centers and multy family renting projects will also relevant on the near future. One of our purposes is to advise companies interested in developing these fields.

How large is the team in this area? How would you describe the team and it’s approach to clients?

Our team is made up of one partner and four talented female associates. The inclusion of women in roles within the legal profession is extremely important to our firm as a whole.  We have a solid working environment and a fairly high analytical capacity, which gives our clients confidence and security.

Ricardo Escobar, Managing Partner

1) What do you see as the main points that differentiate DLA Piper Perú from your competitors?

Locally, the strength of our young core team of partners and associates, that relentlessly pursue quality and valuable advice. We understand that we need to create value for the clients.

Strategic presence regionally and internationally.  We are an integrated working law firm that has a unique offer for clients.


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

M&A. Interesting trend of divesting by some investors, but also some new investors looking for opportunities in Peru.

Dispute resolution. There is an increase in arbitration procedures, especially related to concessions and public works, and commercial litigation due to the deterioration of the economic situation of the country.

Infrastructure. The country needs a push and new infrastructure projects, via PPP or government-to-government economic cooperation, and this may well be done in 2024.


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

Foster a culture of quality services and business understanding.


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

Indeed. We are just beginning to discover the many uses of technology in our profession. We believe it will improve significantly the services we provide.


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

By understanding our clients’ businesses, we constantly analyze legislation trends and possible legislation changes so that we raise awareness in our clients to prepare for these changes and thus reduce any consequential cost.


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

The Peruvian legal market is still dominated by full services and well-established law firms, and clients still recognize the value of having legal partners who understand their companies and their businesses.

We see ourselves consolidating the presence of a global firm with footprints in the most important regional countries, that still understands the needs of its local and international clients and offers them great value.