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Rankings published in 2026

Dentons Guevara & Gutierrez is a leading Bolivian law firm with expertise in Banking & Finance, Corporate/Commercial, and Energy & Natural Resources. With offices in La Paz and Santa Cruz, the firm advises on business development through company incorporation, joint ventures, and tailored investment vehicles. It provides M&A advice, legal and financial audits, and has extensive experience with international tenders. The client portfolio includes major companies like YPF, Repsol, Petrobras, and Pepsico. Known for handling complex M&A transactions across multiple jurisdictions, the firm also excels in project financing, joint ventures, and PPP structures, maintaining a client-focused approach. 

Located in Santa Cruz, Villegas Aldazosa is renowned for its close, genuine client relationships and comprehensive legal services. Their philosophy, "simplicity as the ultimate sophistication," guides their approach to solving complex matters efficiently. Specializing in Corporate Law, the firm boasts over 24 years of partner experience and a dynamic team of young professionals. Their deep industry knowledge and client understanding ensure success in both domestic and international operations. VA excels in incorporation, corporate governance, compliance, M&A transactions, antitrust affairs, and Real Estate deals, providing top-tier legal advice and timely solutions. 

Oviedo Lema Despacho de Abogados is a market leading firm in Restructuring and Insolvency, known for their exceptional expertise and strategic growth. Their team of skilled attorneys excels in navigating complex cases with precision, leveraging deep legal knowledge to deliver tailored solutions. Recent growth in their client base and successful outcomes highlights their commitment to evolving with the dynamic needs of their clients. The firm serves diverse industries, including finance, manufacturing, retail, and technology, providing insights and strategies for unique challenges. By integrating cutting-edge technology, the firm enhances efficiency and delivers unparalleled service, ensuring that they remain at the forefront of the field.

Mendieta Romero & Asociados, founded in 1958, has a long-standing reputation for excellence in corporate law and M&A. The firm caters to diverse industries, including real estate, insurance, agribusiness, construction, maritime, logistics, and retail. In recent years, they have expanded their team with the addition of new partners, enhancing their expertise in transportation, administrative, regulatory, and competition law. This strategic growth ensures that the firm remains at the forefront of legal services, offering comprehensive and specialized support to our clients. Their commitment to excellence and innovation continues to drive their success in the legal field. 

Founded in the year 2000, Reinicke Ostria Estudio de Abogados is a leading Bolivian law firm, renowned for its expertise in corporate and commercial law. The firm excels in corporate governance and restructuring, offering comprehensive counsel to public and private companies on regulatory and best practice matters. Their services include implementing governance statutes, evaluating disclosure issues, and responding to legal actions. The team, led by Erick Reinicke Ostria, is adept at advising boards and senior management on complex governance and reorganization issues. The firm is known for their innovative strategies and client satisfaction.  

Urenda Abogados is a Bolivian law firm founded in 1914. They cater to a diverse clientele, offering legal expertise. Urenda Abogados’s Corporate Law department, led by Juan Carlos Urenda and Mary Isabel Saucedo, is supported by a skilled team of senior and junior lawyers, paralegals, and auditors. Known for their ethical approach, the firm serves high-compliance clients, offering a "one-stop shop" for local and international businesses in Bolivia. They provide comprehensive services from investment structuring to obtaining legal permits, and uniquely offer accounting and financial advice. The firm prides itself on building long-term, trust-based relationships with clients, ensuring personalized and efficient legal solutions. 

Lima & Asociados is a distinguished Bolivian law firm, renowned for its diligence, professionalism, and ethics. With over 15 years of experience, the firm offers comprehensive legal services, particularly excelling in corporate law, governance, and compliance. Their Corporate Services Department has successfully managed high-profile clients like Citibank and SAIPEM Spa across various sectors, including banking, oil, hospitality, construction, and industry. Led by partners Juan José Lima and Pablo Marin, the team specializes in forming international consortiums and handling complex legal matters, ensuring effective corporate management and strategic solutions. The firm is committed to top-quality legal services and client satisfaction. 

Founded in 2012, Becerra de la Roca Donoso & Asociados’ two offices are found in La Paz and Santa Cruz.  

The corporate and M&A department works with local and international clients on M&A transactions in addition to providing regulatory and corporate advice. 

The firm is also active in the project development and finance space, where it is greatly involved in the natural resources and energy sector.

Bufete Aguirre, Quintanilla, Soria & Nishizawa formed from a merger between Bufete Aguirre and Quintanilla Soria & Nishizawa in October 2018. It operates out of its two offices located in La Paz and Santa Cruz de la Sierra. 

 

Focusses / specialisms 

The banking and finance team advises on cross-border financings regularly and leads project finance and loan agreements. The firm is also active on the debt side of capital markets, advising on sovereign bond issuances.

The firm’s M&A team largely involves itself in asset acquisitions in the industrial equipment sector.

The project development team counsels in a variety of sectors, including mining, oil and gas, forestry and infrastructure.

 

Key clients 

Key firm clients include Agence Francaise de Developpement-AFD, American Express, China Development Bank, Inter-American Development Bank and Minera San Cristobal.

 

Client feedback: 32nd edition (2022/2023) 

 

Bank lending: lender side

“They are very experienced attorneys, very responsive, have excellent knowledge in the sector, meet deadlines, know our business and understand our needs. Their documents and legal opinions are of good quality.”

Ferrere is an international firm headquartered in Uruguay. The Bolivian practice is spread across three offices in Cochabamba, La Paz and Santa Cruz. Ferrere provides quality service to their clients and puts an emphasis on the personalization of services according to client need. They dedicate themselves to helping improve their client's profitability by means of their extensive experience in the market. The firm has a track record of providing leading banking and finance and M&A representation. In finance, it advises such clients as banks, international financial institutions, insurers and reinsurers in a variety of sophisticated transactions.

Founded in 1964, Wayar & von Borries is a Bolivian firm with presence in La Paz and Santa Cruz. The firm is a leading force in the finance, project development, real estate and restructuring spaces. Its practice emphasizes the sectors of construction, energy, food and beverage, IT, mining, pharmaceuticals, telecommunications and textiles. The firm is also noted for its work in the project development space, where it represents contractors on among the largest mining and energy projects in Bolivia.

Boasting a history of over three decades, Indacochea & Asociados Abogados represents clients from its office in Santa Cruz. The firm is noted for its strength in the banking and finance practice where it provides lender and borrower-side representation in a diversity of deals including acquisition financing, project financing, real estate financing and secured and unsecured lending. The firm is also active in debt-side capital markets, where it represents underwriters and issuers in bond and promissory notes issuances, as well as representing corporate clients in restructurings.

PPO Abogados was recently founded in 2020 as the spin-off of Ferrere’s Bolivian outfit. The firm has five locations, with offices located in Santa Cruz, La Paz, Cochabamba, Sucre and Cobija The team at PPO is active largely in the banking and finance practicecounseling international financial institutions on complex multijurisdictional deals such as loans, corporate financing and securities.The banking and finance group is also active in various tax and financial advisory roles.

Established in 1900, CR&F Rojas is the oldest firm in Bolivia. It is a family run firm and has two offices, located in La Paz and Santa Cruz de la Sierra. The firm is a member of several international legal networks, including LexMundi and Multilaw. The banking practice assists foreign banks in structuring loans with local companies. It is also very active in other financing transactions, like project finance. The M&A group assists buyers and sellers in cross border transactions and assists multinational clients in local aspects in mergers. 

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Deal Highlights
12 results12 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Fondo Financiero para el Desarrollo de la Cuenca del Plata - FONPLATA - Bond Issue
2021-02-01
Homburger
Bolivia
Bond issue
Fondo Financiero para el Desarrollo de la Cuenca del Plata - FONPLATA
Issuer
Banco Santander - Financing
2021-12-01
Ferrere
Bolivia
Financing
Diego Villarroel
Banco Santander
Lender
Cargill Americas Inc - Financing
2022-02-26
Ferrere
Bolivia
Financing
Diego Villarroel
Cargill Americas Inc
Borrower
Cargill Financial Services - Financing
2022-02-26
Ferrere
Bolivia
Financing
Diego Villarroel
Cargill Financial Services
Borrower
Julius Baer Bank - Financing
2021-10-01
Ferrere
Bolivia
Financing
Diego Villarroel
Julius Baer Bank
Lender
Frigorífico Concepción SA - Secondary share offering
2021-07-07
PPO Indacochea
Bolivia
Secondary share offering
Salomon Eid
Frigorífico Concepción SA
Issuer
French Development Fund - Financing
2021-08-31
PPO Indacochea
Bolivia
Financing
Lindsay Sykes
French Development Fund
Lender
San Cristobal Mining Inc. - M&A
2023-02-13
Aird & Berlis
Bolivia
M&A
San Cristobal Mining Inc.
Buyer
San Cristobal Mining Inc. - M&A
2023-02-13
Dorsey & Whitney
Bolivia
M&A
San Cristobal Mining Inc.
Buyer
Sumitomo Corp. - M&A
2023-02-13
Morrison & Foerster
Bolivia
M&A
Leo Aguilar, Michael Graffagna
Sumitomo Corp.
Seller
Starboard Partners - M&A
2023-07-17
Milbank
Bolivia
M&A
Anthony Zurcher, Bijan Ganji, Ethan Heben, Fabiana Sakai, Francisco Nunez, Max Goodman, Michael Rivkin
Starboard Partners
Buyer
EIG Global Energy Partners LLC - M&A
2023-07-17
Paul Hastings
Bolivia
M&A
Filipe Lima, Jonathan Kellner
EIG Global Energy Partners LLC
Seller
By Firm
8 results8 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
Aird & Berlis
1
0
Dorsey & Whitney
1
0
Ferrere
Bolivia
4
0
Homburger
Switzerland
1
0
Milbank
1
0
Morrison & Foerster
1
0
Paul Hastings
1
0
PPO Indacochea
Bolivia
2
0
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