Initially based in Cali but now headquartered in Bogotá, Advocat continues to build its national presence, particularly in banking and finance, where it maintains a thriving practice. Key banking partner Nicolás Fernández De Soto splits his time between regulatory and transactional work and recently advised Canada-based First Principles Fund (FPF), as lender, on structuring an asset-based loan facility. The firm also houses an active corporate and M&A department, co-led by Cali-based María Isabel Rodríguez together with Bogotá partners María Claudia Armenta and Francisco Cabal. Additional senior figures include regulatory partner Victor Ayalde, noted for TMT and competition; labour and employment head Camilo Bernal; and tax-focused Juan Guillermo Becerra.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- Advocat stands out as a legal practice uniquely positioned to navigate the complexities of the fintech industry with precision, agility, and a forward-thinking approach.’
- ‘Nicolás Fernández de Soto is a highly skilled and strategic legal expert, with a deep understanding of financial regulation, transactional structures, and risk management. His leadership is complemented by a dynamic and multidisciplinary team that thrives on innovation and adaptability.’
- ‘Advocat’s strength lies in its exceptional individuals. Each professional brings a unique combination of expertise, strategic thinking, and a deep understanding of the fintech landscape, which sets it apart from competitors, who often take a more traditional, rigid approach to legal advisory.’
- ‘The team stands out for its personalised and timely attention. In-depth knowledge and clarity to find options that make businesses viable within the legal framework. It is clear that lawyers know the legislation very well. The team brings a lot of experience and commitment.’
- ‘The lawyers at Advocat bring a client focus that makes dealing with challenges and routine matters clear and effective!’
- ‘One of Advocat’s key qualities is its availability to the client. We also highlight the kindness and empathy of the team.’