IFLR is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


Rankings published in 2026

Founded in 1917 and headquartered in Barcelona, Cuatrecasas is a prominent international law firm with 27 offices across 13 countries, including Spain, Portugal, Colombia, Chile, Mexico, and Peru. The firm combines deep local knowledge with global reach, offering legal services across a wide range of practice areas. In Colombia, Cuatrecasas advises clients on corporate law, mergers and acquisitions, financing, capital markets, and project development, particularly in the infrastructure and energy sectors. The firm also provides counsel in dispute resolution, tax, labor, compliance, and environmental law, supporting both domestic and cross-border matters with multidisciplinary teams. 

 

Highlights  

Cuatrecasas advised leading financial institutions, including Davivienda, Banco BTG Pactual, and Macquarie Bank, on complex cross-border transactions in 2024. The firm played a pivotal role in the USD 209 million debt restructuring for Procaps Group, involving multiple jurisdictions—Colombia, Spain, Peru, Luxembourg, Brazil, and the U.S.—and the formalization of a multi-country guarantee package. This innovative deal combined refinancing with a USD 130 million capital injection, balancing creditor recovery and corporate reorganization. Additionally, Cuatrecasas advised Macquarie Bank on a USD 75 million financing for Canacol Energy Ltd., requiring a sophisticated structure across Colombia, the U.S., and Canada. These transactions underscore the firm’s expertise in multi-jurisdictional finance and its ability to deliver strategic solutions in high-stakes scenarios. 

Key Publishable: Davivienda, Banco BTG Pactual, and Macquarie Bank 

Testimonials 

"Very business minded, with a strong focus on results. Practical and knowledgeable " (Banking and finance client)  

 Natalia Arango 

"Deep understanding of business economics Extremely knowledgeable Ability to explain in simple terms complex legal framework" 

Baraona Marshall & Cia was created in 2020 from the cessation of Baraona Fischer & Cia, which then split into two firms. It is known for its work in financial and corporate practice areas. The firm is best known for its work in the banking and finance and M&A practice areas. In banking and finance, the firm acts on both the borrower and lender side in project and corporate financings, as well as refinancingsThe M&A team works on the buy and sell side in private acquisitions across numerous industries including banking and financial services, telecommunications and technology. 

One of the world’s largest law firms,Dentons is truly a global law firm, with 193 locations across 77 countries. The Chilean office is located in Santiago and was formed in 2019 with the combination between Dentons and Larraín Rencoret. The firm has experience across banking and finance, capital markets, M&A and project development practices. In banking and finance, the team acts for lenders in project, acquisition and corporate financing. The capital markets team has experience in debt capital markets, representing issuers in investment grade bond issuances. 

Labbe Abogados is located in Santiago. The firm is active in litigation, labor and corporate law.  

 

Focusses / specialisms 

Within corporate law, the firm specializes in the M&A practice area. It acts for acquirers in private acquisitions. The practice works mostly in the food, mining and energy industries. 

 

Key clients 

Key clients for the firm include Neoelectra Chile. 

Lavín Abogados is a boutique law firm known for its work in project development. It is headquartered in Santiago, but has a second office in Valdivia.  Lavín is focused on the energy, natural resources, mining, maritime and infrastructure industries. In project development the firm acts for public institutions, environmental institutions, concessionaires and developers in development and construction of projects. 

 

Founded in 2000, FerradaNehme is known for its work in the corporate space. The firm is located in Santiago.

 

Focusses / specialisms 

The firm is recognized for its notable work in the M&A practice area. It represents buyers and sellers in private acquisitions. It also acts for companies in capital increases and strategic investments.

 

Key clients 

Key clients for the firm include AB InBev Chile, Acciona Industrial, Neogen and Copec.

 

Client feedback: 31st edition (2020/2021) 

Asset finance

"Deep knowledge of laws and regulations. Always meet established deadlines. "

 

M&A

"Updated and versatile team."

Established in 1960, Urenda Rencoret Orrego & Dörr is a member of Multilaw and World Law Group, making it a firm that skillfully services international clients. The firm is very capable in banking and finance, capital markets, M&A and project development. The banking and finance team and the capital markets team work together on debt securitization. The capital markets team is also adept on the equity side, advising on initial public offerings among other stock market matters. The M&A department is skilled in joint ventures, corporate restructuring and shareholders agreements. In project development the firm focuses on power generation, specifically non-conventional renewable energy. 

Formed in 2021 as a result of the separation of Baraona Fisher & Cia, Fischer & Cia is located in Santiago. The firm is focused on tax, financial and corporate law. The firm specializes in the banking and finance and M&A practice areas. In banking and finance, the firm acts for borrowers in refinancings. In M&A, the team represents buyers and sellers in private acquisitions. It also represents companies in reorganizations and day to day compliance, in addition to other corporate matters.

Located in Santiago, Arteaga Gorziglia’s corporate practice is well known in the market. It is regarded for its work in the M&A and project development practices.  While the firm works with many types of industries, it is focused on the infrastructure, real estate, retail and energy industries.  In M&A, the firm acts for buyers and sellers in acquisitions and joint ventures. The corporate practice also has experience representing lenders in financing transactions. The project development team is active in the infrastructure and energy industries. The team represents developers and financial sponsors in project development and finance matters. 

Located in Santiago, Molina Ríos is a well known law firm in the project development practice area. The firm has four partners, one counsel and an additional 10 associates. 

 

Focusses/specialisms 

Because the firm’s expertise is in the project development practice area, it is focused on the energy, mining, infrastructure and construction industries. It has experience working for both public and private projects, advising developers and concessionaires in all states of project development from financing to construction.

 

Key clients 

Key clients for the firm include CJV Consortium, OHL, Mainstream Renewable Power, Eiffage, Acciona, Besalco, AVA Montajes and ENAP. 

 

Client feedback: 32nd edition (2022/2023) 

Project development: Energy 

“Practical experience, arbitration-oriented experience, good relationship with the client (not necessarily lawyers).” 

Located in Santiago, Lembeye Abogados was founded in 2017. The firm is active in the financial and corporate and project development practice areas. The firm is best known for its work in the M&A and project development practice areas. In the M&A practice, the team acts for buyers and sellers in private acquisitions. It also represents startups in strategic investments. In project development, the firm represents developers in projects in the mining, infrastructure and renewable energy industries. Within the renewable energy industry, solar and wind are particular popular for the firm. It also frequently works on public procurement matters.

Founded in 1992, Morales & Besa has grown to become one of Chile’s leading firms in financial law. The firm is located in Santiago. In addition to its top tier practice in banking and finance, capital markets and project development, the firm also has an outstanding M&A practice. In banking and finance, the firm acts for lenders and borrowers in project financing, refinancing and acquisition financing. The capital markets team has experience on both the debt and equity side, representing issuers and underwriters. In debt capital markets, the team works on sovereign bonds, green bonds, investment grade, high yield and project bond issuances. In equity capital markets, the team helps with IPOs.

Founded in 1994, Larraín & Asociados has grown into a highly regarded firm in project development and banking and finance. Larraín is highly experienced in the infrastructure, energy and natural resources industries. In addition to its outstanding project development and banking and finance practice, it also has a noteworthy M&A practice. In banking and finance, the practice acts for lenders and borrowers in project financing, refinancing, acquisition financing and general corporate financing. The M&A practice represents buyers in acquisitions, reorganizations and strategic investments. Many of the acquisitions are related to project development matters, where the firm represents developers in development and financing matters. 

Aninat Abogados was born in 2020 from the cessation of Aninat Schwencke. The firm is located in Santiago and is active in the corporate practice areas. Aninat is made up of five partners, with three of them specializing in corporate law. In the corporate practice, the firm works on a lot of M&A transactions, acting on the buy and sell side in strategic acquisitions. It also works on financing related transactions such as capital raises and investments. In the more general corporate practice, the team advises companies on incorporations.

Chirgwin was founded in 2009 in Santiago. Since then, it has grown and joined several international networks including Lexwork International, ILF and the Pacific Alliance Legal Network. In August 2020, the firm began working in collaboration with Andersen Global. Chirgwin specializes in the banking and finance, M&A and project development practice areas. Most of the firm’s clients are midsize multinational corporations and are most active in the entertainment, transportation and consumer goods and services industries. In banking and finance, the team represents borrowers in corporate and asset financing, as well as refinancing matters.

Founded in 1999, CMS is an international law firm that has 77 offices spread across 43 countries. In Chile, 45 lawyers make up the Santiago office. It is known for its corporate and project development practices. CMS Carey & Allende has notable banking and finance, capital markets, M&A and project development teams. In banking and finance, the practice acts for borrowers in project finance, refinance and general corporate finance transactions. The capital markets team has experience on the debt and equity side of capital markets. It acts for issuers in bond issuances, public M&A matters and equity investments.

DLA Piper, established in 2005 through the largest merger in legal history, combines Gray Cary Ware & Freidenrich, Piper Rudnick, and DLA. This global law firm has offices worldwide, including Santiago, Chile. The Santiago office excels in banking and finance, capital markets, M&A, and project development. It represents lenders and borrowers in various finance matters, advises issuers on debt and equity, and handles bond issuances, fund formations, public offerings, and IPOs. The M&A team supports strategic acquisitions across industries, while the project development practice focuses on energy, infrastructure, mining, and real estate, guiding projects from financing to construction. 

 

Highlights 

DLA Piper Chile advised on numerous cross-jurisdictional deals, including assisting HSBC Bank Australia as the lender in a loan provision for the second amendment and restatement of a bilateral facility agreement. This loan is guaranteed by many of the debtor’s subsidiaries worldwide, including those in Chile. Additionally, they worked on significant capital markets transactions, such as advising Quiñenco, one of Chile’s largest and most diversified business conglomerates, on the placement of Series Z bonds under a line of credit registered with the CMF. 

 

Key Clients 

HSBC Bank, Fidera, Summit Ridge Capital Partners, Blue Elephant Energy, SUSI Partners, CCU, Transbank 

Located in Santiago, Guerrero Olivos is a highly regarded firm across all corporate practice areas. It maintains a global presence through its membership in TagLaw, Global Law and the Legal Alliance of the Americas. Guerrero Olivos maintains a distinguished practice in banking and finance, capital markets, M&A and project development, especially in the mining industry. In banking and finance, the team acts for borrowers and lenders in project financing, refinancing, acquisition financing and general corporate financing matters. Many of its transactions are cross border financing

Founded in 1889, Cariola Díez Pérez-Cotapos is a leading Chilean law firm based in Santiago, known for its expertise in corporate law, M&A, banking, capital markets, and project development. The firm advises domestic and international clients across industries, handling restructurings, acquisitions, joint ventures, and financing transactions. Cariola also plays a key role in energy, transportation, and mining projects, offering regulatory and contractual guidance.  The M&A team handles corporate restructurings, strategic and asset acquisitions, and joint ventures across industries. In project development, the firm focuses on energy, transportation, and mining projects.

 

Highlights 

Cariola Díez Pérez-Cotapos supported major banks in financings for Fiordo Austral group companies, helping strengthen their operations and exports. Fiordo Austral is a leader in turning biological waste from the salmon industry into valuable nutritional products. Cariola Díez Pérez-Cotapos also advised Enel Chile on a sustainability-linked facility with Citibank, backed by Enel S.p.A. and Finnvera. This innovative transaction connects financing terms to measurable CO₂ reduction goals, reinforcing Enel Chile’s commitment to clean energy. These matters highlights Cariola Díez Pérez-Cotapos experience in guiding clients through complex financings and sustainability-driven projects that support growth and the transition to a low-carbon future. 

 

Key Clients 

Empresa de los Ferrocarriles del Estado, Enel Americas S.A., Inter-American Investment Corporation (IDB Invest), Coöperatieve Rabobank U.A.   

 

Testimonials

N/A

Puga Ortiz was founded in 1925 and is headquartered in Santiago.

 

Focusses / specialisms

The firm is active in automotive financing and real estate matters. It works with many special purpose vehicles on real estate corporate matters.

 

Key clients

Key clients for Puga Ortiz include Acciona Chile, Constructora Santa Beatriz, Empresa Constructora Queylen, Grupo Inmobiliaria Gimax and Banco Santander Chile.

 

Research period review: 30th edition (2019 / 2020)

Over the research period the firm represented many special purpose vehicles on real estate corporate agreements and acquisitions, especially in the hotel industry. It also worked on a couple of automotive financing agreements.

 

Deal highlights: 30th edition (2019 / 2020)

Banco Santander Chile $300 million acquisition of Santander Consumer Finance

Inmobiliaria Nueva Quilicura $20 million financing

Cariola Díez Pérez-Cotapos
11 practice areas
View full profile

With 100 lawyers, Cariola, founded in 1889, is one of the largest full-service firms in Chile. Its partners, counsels and associates are well trained in dealing with international clients. We believe in hiring and promoting its lawyers purely based in its personal merits, academic and professional, aiming to maintain an inclusive and diverse firm culture. Our client base ranges from midsize businesses to the largest international companies. We serve clients from more than 70 countries. Our vision is to give a top legal service based on the proactivity of our advice by giving more than what is expected from us.

Claro & Cia
11 practice areas
View full profile

Founded in 1880, Claro & Cia. is one of the oldest and most prestigious full service law firms in Chile with more than 90 lawyers. The firm has been recognized by several independent publications for the quality of its services, including by Chambers & Partners “Chilean Law Firm of the Year” in 2015, 2012 and 2010. Leading local and international corporations and large financial institutions look to our lawyers for advice benefiting from our deep understanding and experience and we constantly strive to maintain the most stringent standards of professional achievement and ethical behavior.

Puga Ortiz
4 practice areas
View full profile

Puga Ortiz has been successful for almost a century. It has a team of 36 expert attorneys who have positioned it as one of the leading law firms in Chile, recognized by major national and international publications.

The best strategy for success has been to provide a meticulous service of excellence, which has been accomplished by incorporating top professionals who are experts in matters related to complex corporate, civil and criminal dispute resolution.

DLA Piper Chile
8 practice areas
View full profile

DLA Piper in 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 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe.
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 Latin America | DLA Piper.

Philippi Prietocarrizosa Ferrero DU & Uría
11 practice areas
View full profile

Philippi Prietocarrizosa Ferrero DU & Uría is the first major Ibero-American law firm. The firm is born from a merger between the Chilean Philippi, Yrarrázaval, Pulido & Brunner, Colombian Prietocarrizosa, and the two Peruvian firms Ferrero Abogados and Delmar Ugarte. The prestigious Spanish and Portuguese firm Uría Menéndez participates in the new firm since its inception in 2015.

Cuatrecasas
8 practice areas
View full profile
Chile
191 results191 results
5
of
10
Deal Highlights
299 results299 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Latin America Power SA - Bond Issue
2021-06-01
Barros Silva Varela & Vigil
Chile
Bond issue
Latin America Power SA
Issuer
Interchile SA - Bond Issue
2021-07-01
Barros & Errázuriz Abogados
Chile
Bond issue
Interchile SA
Issuer
Banco de Credito e Inversiones - Bond Issue
2021-09-01
Carey
Chile
Bond issue
Crédit Agricole, BNP Paribas, Citigroup, Bank of America Merrill Lynch, Goldman Sachs, Mizuho Bank, Daiwa Capital Markets, HSBC, JP Morgan Chase, Mitsubishi Corp, Standard Chartered Bank
Underwriter
Alfa Desarrollo SpA - Bond Issue
2021-09-01
Carey
Chile
Bond issue
Alfa Desarrollo SpA
Issuer
Banco de Credito e Inversiones - Bond Issue
2021-06-01
Carey
Chile
Bond issue
Bank of America Merrill Lynch, Standard Chartered Bank
Underwriter
Alfa Desarrollo SpA - Bond Issue
2021-09-01
Claro & Cia
Chile
Bond issue
Citigroup, JP Morgan Chase, Banco Santander, Sumitomo Mitsui Financial Group
Underwriter
Compania de Acero del Pacifico - Bond Issue
2021-04-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
Compania de Acero del Pacifico
Issuer
Banco de Credito e Inversiones - Bond Issue
2021-09-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
HSBC, BNP Paribas, Standard Chartered Bank, Citigroup, Bank of America Merrill Lynch, Mizuho Bank, Goldman Sachs, Daiwa Capital Markets, JP Morgan Chase, Mitsubishi Corp
Underwriter
Banco de Credito e Inversiones - Bond Issue
2021-08-01
Carey
Chile
Bond issue
Daiwa Capital Markets, BNP Paribas, Mizuho Bank, Goldman Sachs, Bank of America Merrill Lynch, Mitsubishi Corp, Citigroup, JP Morgan Chase, HSBC, Standard Chartered Bank
Underwriter
Banco de Credito e Inversiones - Bond Issue
2021-08-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
Daiwa Capital Markets, BNP Paribas, Mizuho Bank, Goldman Sachs, Bank of America Merrill Lynch, Mitsubishi Corp, Citigroup, JP Morgan Chase, HSBC, Standard Chartered Bank
Underwriter
Banco de Credito e Inversiones - Bond Issue
2021-04-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
Daiwa Capital Markets, HSBC, Bank of America Merrill Lynch, Goldman Sachs, JP Morgan Chase, Citigroup, Standard Chartered Bank, BNP Paribas, Mitsubishi Corp, Mizuho Bank
Underwriter
Latin America Power SA - Bond Issue
2021-06-01
Carey
Chile
Bond issue
Goldman Sachs, Citigroup
Underwriter
Empresa Nacional del Petroleo - Bond Issue
2021-09-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
Mizuho Bank, Banco Santander, Bank of America Merrill Lynch, Scotiabank, Goldman Sachs
Underwriter
Banco de Credito e Inversiones - Bond Issue
2021-03-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
BNP Paribas, Goldman Sachs, Bank of America Merrill Lynch, JP Morgan Chase, Daiwa Capital Markets, Citigroup, HSBC, Standard Chartered Bank, Mitsubishi Corp, Mizuho Bank
Underwriter
Corporacion Nacional del Cobre de Chile SA - CODELCO - Bond Issue
2021-01-01
Cleary Gottlieb Steen & Hamilton
Chile
Bond issue
Corporacion Nacional del Cobre de Chile SA - CODELCO
Issuer
Compania de Acero del Pacifico - Bond Issue
2021-04-01
Davis Polk & Wardwell
Chile
Bond issue
Bank of America Merrill Lynch, JP Morgan Chase
Underwriter
Corporacion Nacional del Cobre de Chile SA - Bond Issue
2021-01-01
Davis Polk & Wardwell
Chile
Bond issue
Scotiabank, Bank of America Merrill Lynch, Mizuho Bank, JP Morgan Chase
Underwriter
Banco de Credito e Inversiones - BCI - Bond Issue
2021-06-01
Dentons
Chile
Bond issue
Banco de Credito e Inversiones - BCI
Issuer
Banco de Credito e Inversiones - BCI - Bond Issue
2021-09-01
Dentons
Chile
Bond issue
Banco de Credito e Inversiones - BCI
Issuer
Empresa Nacional de Telecomunicaciones SA - Bond Issue
2021-09-01
Davis Polk & Wardwell
Chile
Bond issue
Bank of Nova Scotia, BNP Paribas, JP Morgan Chase
Underwriter
1
of
15
By Firm
41 results41 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
10
0
Arteaga Gorziglia & Cía
Chile
1
0
Ashurst Perkins Coie
1
0
Baker McKenzie
Chile
1
0
Barros & Errázuriz Abogados
Chile
31
0
Barros Silva Varela & Vigil
Chile
1
0
Brigard Urrutia
Colombia
1
0
Carey
Chile
14
0
Cariola Díez Pérez-Cotapos
Chile
1
0
Cassels Brock & Blackwell
1
0
Claro & Cia
Chile
56
0
Cleary Gottlieb Steen & Hamilton
11
0
Clifford Chance
2
0
CMS
2
0
Davis Polk & Wardwell
8
0
Debevoise & Plimpton
1
0
Dentons
7
0
Freshfields
1
0
Garrigues
Chile
30
0
Greenberg Traurig
3
0
1
of
3
New hires and promotions were made across finance, PE and M&A practices in London, Singapore, New York and Santiago
Argentina, Brazil and Chile stood out for legal developments across M&A, banking and finance, and capital markets
ESG
Jaime Carey speaks with IFLR about defending judicial independence, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency
The finalists for the Americas awards 2024 are revealed - winners will be presented in New York on May 15
IFLR is pleased to reveal the winning deals, teams, law firms and individuals in the 2023 Americas Awards
The Latin American airline company successfully completed a highly complex cross-border debt restructuring after two years of proceedings
The Americas awards research has now begun, with winners to be announced in New York in May 2023
11th annual awards announces winners
Sponsored

Sponsored