17:26, July 12 61 0

2017-07-12 17:26:06
DWF breaks into Latin America through local tie-ups

DWF has announced a trio of associations in South America as the firm continues its rapid international expansion strategy.

The firm has entered into a non-exclusive best friends arrangement with Vagedes & Associados in Argentina, Fabrega Molino in Panama and Duarte Gracia Abogados in Colombia. It is understood that DWF were alerted to these firms thanks to its 2016 merger with German firm BridgehouseLaw.

DWF has 23 offices with the three announced associations, as well as an association with Saudi Arabian firm Harasani & Alkhamees providing offices in Riyadh and Jeddah, giving the firm a growing global reach.

Rapid expansion in the last 12 months has seen DWF break into a number of new markets with office openings including Berlin, France and Singapore.

The speed of this expansion is compounded as it was only in 2015 that the firm announced its first overseas office in Dubai.

On top of this, the firm recently purchased Keely’s costs division NeoLaw and named its CEO Simon Murray as head of costs at DWF.

DWF head of international Stefan Paciorek said: “We have been looking at the South American market with interest for some time now, given the continent is predicted to significantly increase in its global economic importance and are delighted to have formed associations with three like-minded firms.

“We know these three firms well through our long lasting ties in Germany.  They all share our vision of doing things differently to meet clients’ needs and have a similar sector focus to us. We look forward to working closely with them.”

DWF is far from the first firm to make strides into the Latin American market as DAC Beachcroft, Dentons, DLA Piper and Kennedys all either establishing or bolstering a presence in the region in the last year.