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

Latamlex is a Central American firm with offices in Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala.  

 

Focusses / specialisms 

The firm advises both local and international companies on a range of corporate matters. It frequently advises lenders in banking transactions under Guatemala law. 

 

Key clients 

Key clients include Banco Aliado and Comerzbank. 

Sfera Legalwas established in 2012. The firm is located throughout Central America, with offices in Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala. The firm also has a US office in New York. 

   

Focusses / specialisms 

The banking and finance team is known for its work with international finance institution, and the firm is also strong in M&A. 

 

Key clients 

Key clients include TIGO and Banco G&T Continental. 

 

Client Feedback: 32nd edition (2022/2023) 

Banking and finance 

"Experience in similar processes, preventive vision about contingencies, negotiation support" 

BLP

BLPis a Costa Rican firm that was founded in 2003. It has a large regional footprint with offices in Guatemala, El Salvador, Nicaragua, Spain and Honduras. The Guatemala practice has one office in Guatemala City.   The M&A practice is regarded for its work with local and international companies in buy and sell-side transactions.  The banking and finance group has experience in cross border deals, project finance and debt restructuring.

ECIJAis an Ibero-American law firm with 800 professionals in offices in Europe and Latin America. The firm was founded more than 20 years ago and has continued to expand since then. ECIJA opened its Guatemala office in November 2020 by merging with 23-year-old local firm, Integrum. 

 

Focusses / specialisms 

The firm has a focus in oil and gas and frequently advises large multinational corporations in this area. 

 

Key clients 

Key clients include Puma Energy, Majuand Genepal. 

 

Client Feedback: 32nd edition (2022/2023) 

Project development : Energy 

"Timely advice for business." 

Founded in 2015 as ALTA QIL+4, the firm operates from Guatemala City and became part of Alta Legal in 2021 through a regional alliance with three other firms. Alta Legal provides full-service legal support with a business-oriented approach, combining deep local insight with regional coordination. The firm is particularly recognized for its work in energy, having advised on the development of over 1,500 MW of energy projects in Guatemala. Its financial and corporate team handles complex transactions, including buy-side and sell-side mandates, government financing, and regulatory matters. Alta Legal is known for its innovative mindset, collaborative culture, and commitment to delivering tailored legal solutions that drive business success. 

Highlight 

Alta Legal advised the Republic of Guatemala, through the Ministry of Public Finances, on the placement of its first ESG bond issuance aimed at raising international funds to support key social and environmental initiatives. The proceeds are earmarked for projects focused on poverty and malnutrition eradication, improvements in health and education, and the promotion of employment and sustainable economic growth. Led by Partner Jose Quiñones and Associate Carlos García Sáenz, the transaction marks the largest bond issuance in the country’s history and represents a milestone in Guatemala’s commitment to sustainable development. Its legal innovation lies in aligning sovereign financing with ESG principles, setting a precedent for future public sector funding strategies. 

Testimonials 

“EQUIPO CAPACITADO Y ÁGIL.” (Banking and finance) 

Ignacio Grazioso 

Escucha, está atengo a comentarios y toma en cuenta las sugerencias, no es cerrado, es proactivo y tiene muy buen criterio. 

Lexincorp has offices throughout the Central American region, including El Salvador, Honduras, Nicaragua, and Costa Rica and Guatemala.  

 

Focusses / specialisms

The financial and corporate team at the firm advise both borrowers and lenders in the financial industry. The team advises clients on corporate governance and provides ongoing advice on loan structures.  

 

Key clients

Key clients for the firm include, Terrum Desarrollos, Thor Capital, Eólico San Antonio El Sitio and Ingenio La Unión. 

 

Client feedback: 31st edition (2020/2021)

Restructuring: Corporate

"Keep up with work to be done, are very confidential."

Latin Alliance was founded in 1990. The firm has a presence throughout Central America, with offices in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. Ruth Olivares is the head of the corporate department in Guatemala.   

 

Focusses / specialisms 

The firm advises on corporate finance, loans, M&A, due diligence and corporate incorporation.   

 

Key clients 

Clients for the firm include, Alutech Guatemala, Yobel SCM Logistics and BANRURAL. 

Central Law was established in 2003 as an international Central American firm. The firm has a large regional footprint, with offices in Guatemala, El Salvador, Nicaragua, Costa Rica and Panama. The Guatemala practice has one office located in Guatemala City.  The project development team at the firm advises clients on contracts, environmental regulation and legal compliance.  The financial and corporate team at the firm assists clients in restructuring, buying and selling shares and on compliance issues in Guatemala.  

EY Law is a global powerhouse with over 700 offices in more than 150 countries, including Central America. Committed to delivering top-notch insights and services to their clients, the firm excels in the M&A sphere and other corporate practice areas. Their M&A team primarily focuses on representing acquirers, though they also advocate for sellers. Renowned for their financial, corporate, and project development work, EY Law frequently collaborates across borders with other Central American offices. With extensive experience in M&A, the firm adeptly represents both strategic buyers and sellers in acquisitions and general corporate matters. Additionally, EY Law boasts significant expertise in the infrastructure sector. 

 

Highlights 

EY Law’s commitment to helping their clients achieve their business goals is evident as in the case of Baxter International, a leading American medical equipment and services provider. The firm has played a pivotal role in bolstering Baxter International's presence in Guatemala. A long-time client of the firm, EY Law regularly offers their essential legal services for a variety of matters. They also regularly advise Prosegur, a Spanish security services firm, managing all legal procedures and overseeing the corporate, commercial and daily processes throughout Central America.  

 

Key Clients 

Kimberly Clark Limitada, Prosegur, Bayer, Danziger, SOIN Guatemala, Baxter International, Office Depot Corporation 

Consortium Legal is a distinguished full-service law firm operating throughout Central America, renowned for delivering exceptional client service. The firm excels in several key industries, including banking, construction and materials, food and beverage, and tourism. In the realm of banking and finance, Consortium Legal primarily advises lenders on loan and credit facilities, with a focus on refinancing and project financing. In mergers and acquisitions (M&A), the firm provides strategic counsel to buyers and sellers involved in asset acquisitions and merger transactions. 

 

Highlights 

The firm advised Banco Industrial and IDB Invest on a $155 million financing deal to build and operate a private road in Guatemala. The complexity of this case arises from the borrower’s decision to execute the project through multiple agreements, each directly created and negotiated with individual contractors, rather than using a traditional EPC agreement. The firm also served as local counsel to JP Morgan Chase Bank in connection with a credit agreement for Campero Inc. The transaction was complex due to its multi-jurisdictional nature. 

 

Key Clients 

Culligan, Imperia Corp, Tigo Guatemala, Citi Bank, Bank of America 

 

Testimonials 

Excellent service and deep knowledge on subjects (M&A) 

Since its founding in 1966, Central American law firm Mayora & Mayora has expanded to Guatemala, Honduras, and El Salvador. Based in Guatemala City, the firm is part of the LexMundi alliance and is highly regarded in financial and corporate practice areas, particularly banking, finance, and M&A. It advises lenders on loan and credit agreements, handles debt capital markets work, and represents underwriters in bond issuances. In M&A, it primarily represents strategic buyers. The project development team is active in the construction and energy sectors. 

 

Highlights 

The firm advised their clients on a variety of complex confidential matters involving multiple jurisdictions. 

 

Key Clients 

AMSPEC Group, Bolsa de Valores Nacional de Guatemala, Grupo Montecristo, Eductrade, Tarjetas Cuscatlán 

 

Testimonials 

Showed profound experience on the matter and provided tailored guidance for a smooth execution. (M&A) 

"This firm has wide knowledge and experience regarding the securities market, both nationally and internationally. (M&A) 

I appreciate Mayora's comprehensive understanding of corporate law and their ability to navigate complex legal issues with expertise. Their team is highly knowledgeable and responsive, providing tailored solutions that address our specific needs. What stands out is their commitment to excellence and the personalized attention they offer, ensuring that we feel supported and informed throughout the process. Their deep industry insights and proactive approach have been invaluable in guiding our business decisions.” (Restructuring) 

Alegalisis a Guatemalan law firm founded in 2002 and based in Guatemala City 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

 

Key clients 

Key clients of the firm include Grupo RV4, Grupo Capital Buró, Grupo Amaranto, Depósito Aduanero Incorporado, Inteligencia Farmacéutica and Fundación Proyecto Esperanza. 

 

Client Feedback: 32nd edition (2022/2023) 

Private equity 

"Good follow up." 

 

Project development : Infrastructure 

"Senior Partner and associates are very experienced and with attention to details." 

LegalPlusis a Guatemalan law firm based in Guatemala City but with an external office in Hong Kong 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

 

Key clients 

Key clients of the firm include Osigu, Vana, Pacifiko.com, Monkey Foods, Hybrico, Hydro Systems, Mode Aviation, Maspor Marine, Zuntex Apparel and Tedi Media. 

 

Client Feedback: 32nd edition (2022/2023) 

Financial services regulatory 

"Extremely effective, time conscious and proactive with their work, great work ethics." 

 

Private equity 

"Great work ethic, diligent and efficient with all matters. They resolve issues with creativity." 

Deloitte Legal, the legal arm of the global professional services firm Deloitte, has a country-wide presence in Guatemala with lawyers located in the firm’s office in Guatemala City. 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate. 

 

Key clients 

Key clients of the firm include Mcafee, Cementos Progreso, Paypal, ABT Associates, OHLA, Grupo Carso, Megapharma, Siemens, Fox International Channels and Evonik. 

Dentons Muñozis the Guatemalan presence of the international law firm Dentons. One of the world’s largest law firms, Dentons is truly a global law firm, with over 190 locations across over 75 countries. 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

 

Key clients 

Key clients of the firm include Biesterfeld U.S., UBS, Wells Fargo, Axa France, Rockwell, Canadian Imperial Bank of Commerce, Rothshild & Co., Puma Energy, GlaxoSmithKline and JCDecaux. 

Comte & Font – Legalsa is a Guatemalan law firm founded by Henry Comte and David Font and based in Guatemala City 

 

Focusses / specialisms 

The firm has a particular focus on financial and corporate matters. 

 

Key clients 

Key clients of the firm include América Móvil, Claro Guatemala (Telgua), Grupo Ultramar, Zenziya, Prolease, Prime Media & Entertainment, Norton Lilly, Compañía Agrícola Industrial Santa Ana, Zuma Pagos and Super Auto Repuestos Acquaroni. 

 

Client Feedback: 32nd edition (2022/2023) 

Asset finance 

"They provide accurate and practical advice to achieve the client's objectives." 

Founded in 1942 in El Salvador, Arias has grown into a top-tier legal institution with offices in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. Arias offers comprehensive legal services across key practice areas, including banking and finance, mergers and acquisitions, and project development. The firm advises strategic buyers and sellers in complex transactions, as well as borrowers and lenders in loan and credit agreements. With over 120 attorneys and a fully integrated regional model, Arias combines global reach with local expertise to deliver innovative, effective solutions that help clients achieve their business goals. 

Highlight 

Arias advised Holcim on its acquisition of Cemex’s operations in Guatemala, supporting the company’s expansion and commitment to sustainable construction in the region. The firm provided legal guidance throughout the transaction, helping navigate regulatory challenges and ensuring a smooth closing. This deal strengthens Holcim’s market position and reflects its strategic growth in Central America. Arias’s role was key in managing legal complexities and aligning the transaction with broader environmental and business goals. 

Key publishable: Holcim 

Testimonials 

Their speed in delivering work.” (Banking and finance client) 

Cindy Arrivillaga  

She communicates with clients transparently and in a fast manner to adapt to client's needs. 

Arias
3 practice areas
View full profile

Arias is the leading global business law firm in Central America and the firm of choice in the region. The firm stands out for providing innovative and effective solutions that help clients achieve their business goals, while enjoying the benefits of working with an integrated firm, with presence in six countries through seven offices, 41 partners, and 130 highly trained and experienced attorneys and offices in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama.

Since 1942, Arias has been setting the standards in the region by combining its global reach with local expertise, and providing a visionary outlook on the world’s business environment.

Our team: Among our staff, we have attorneys with many years of experience in several practice areas combined with young lawyers. This means our firm is constantly innovating and adapting to the needs of today’s world, which ensures we are able to offer our clients the best legal talent in the region.

Areas of practice: Arias is a full-service firm, providing advice in over 35 practice areas, with renowned specialists in each jurisdiction. Some of the firm’s main practice areas include: corporate, antitrust, mergers and acquisitions, tax, arbitration and litigation, compliance, banking and finance, intellectual property, labor law, energy, oil and gas, real estate, immigration, and general counsel services, among others.

Our focus: We make things happen. We provide creative and innovative legal solutions that add value to our clients, taking the time to know and understand their business goals, while always focused on providing reliable and accurate legal services, with their best interests in mind.

International reach: The firm advises on local and cross-border transactions, assisting some of the major international corporations doing business in the region, and also providing legal support to local clients going abroad.

Recognitions and awards: Consistently, we have been honored with important recognitions and awards such as “Firm of the Year in Central America”, “Firm of the year” in the countries we operate, “Client Service Award”, “Best Regional Firm for Women in Business Law”, “Deal of the Year”, among other relevant regional and local awards for the firm and our members.

Equal opportunities: We promote diversity within the firm, professional growth is based on each individual’s merit regardless of gender or ethnics.

  • 47% of our partners are women
  • 48% of our associates are women
  • 57% of our management positions are held by women
  • 100% of our managing partners are women
  • 2,000 Pro-bono hours per year: Corporate social responsibility and Pro-bono work have always been an important part of our DNA. We believe that it is everyone’s responsibility to inspire and generate positive changes in our environment in order to achieve and ensure a better future for the next generations.
EY Law
2 practice areas
View full profile

EY Law is an international law firm, part of EY global firm, with over 3,300 lawyers in 87 countries throughout the world. In Central America the firm has more than 100 lawyers with offices in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and the Dominican Republic. EY Law offers a different approach by delivering legal services that help minimise the gap between business advisors and legal counsel. Its lawyers work integrated with professionals from other service lines of EY, including local and international tax, strategic and financial advisory and investment banking, in order to provide to its clients integral value-added professional services. The Guatemala team it is characterized by responding to integral business solutions through a team of experienced lawyers in sectors such as consumer products, health services, energy, infrastructure, regulatory, specialized litigation, digital, labour, banking & finance.

Through its global reach, EY Law’s multidisciplinary teams provide effective cross-border legal counsel to its clients, procuring effective solutions to multi-jurisdictional challenges by rendering a uniform and consolidated approach.

EY Law represents important multinational and regional clients — including numerous Fortune 500 companies and diverse industries: automotive and transportation, banking, capital markets and insurance, consumer products and retail, government and public sector, health and life sciences, oil and gas, power and utilities, private equity, real state and hospitality, technology, media and entertainment and telecom.

Practice areas:

Asset Planning & Family Business, Banking and Financial Services, Competition & Consumer Protection, Digital, Energy, Environmental, Government Procurement, Intellectual Property, Infrastructure, International Trade & Customs, Labour and Employment, Litigation & Arbitration, M&A & Corporate, Real Estate & Hospitality, Tax, Telecommunications

ALTA QIL+4 Abogados
3 practice areas
View full profile

Alta QIL+4 ABOGADOS is a Central American multidisciplinary firm offering exceptional client experience based on a deep understanding of its client’s business. The firm's purpose is to accelerate the success of its clients. The firm has a wide practice offering, a respected partnership and an outstanding reputation among clients, who praise lawyers for their business approach, professionality, and knowledge. It is best known for its transactional, M&A, banking and finance practices, but strength in labour, real state and litigation help it stand out from many of its competitors. Compliance and criminal law, as well as competition law, are all growing in demand. ALTA-QIL+4 is targeting fintech clients too. ALTA´s weighty set of international connections provides plenty of opportunities.

The firm provides top legal advice for a wide range of practice areas working under the highest global standards through its extremely engaged and experienced team. The firm is committed to being the top choice for complex and comprehensive legal services in all of its practice areas.

Mayora & Mayora
3 practice areas
View full profile

Mayora & Mayora is a leading law firm in Central America that has existed for more than fifty-five years with five offices in the region in Guatemala, El Salvador and Honduras (Tegucigalpa,San Pedro Sula and Roatán). Eduardo Mayora Dawe founded the firm in Guatemala City in 1966, with a vision to create the first institutionalized firm in the country, a legacy carried on to this day.

At Mayora & Mayora, there is a team of over 35 legal specialists ready to assist clients in a wide-spectrum of legal matters. Renowned for its excellence and ethical approach, the firm offers legal assistance in administrative, banking, civil, corporate, finance, immigration, labor, litigation and tax matters, among others. The firm is also the exclusive member for Guatemala of the largest network of private law firms in the world, Lex Mundi, since its inception in the early eighties.

Mayora & Mayora offers its clients what many regional firms do not: a fully integrated firm that provides seamless, efficient and robust legal services. Regional integration is at the core of Mayora & Mayora’s mission and a direct response to clients wanting exceptional legal support across multiple jurisdictions. The firm’s goal is to be the first choice of clients for their most challenging and significant transactions and disputes.

Consortium Legal
3 practice areas
View full profile

We provide legal solutions for your business in Central America.

We are the only law firm with specialized lawyers dedicated exclusively to their practice areas in the five countries of the Central American region, guaranteeing the highest standard of technical quality for our clients. We have the largest team in the Central American region with +200 lawyers located in 9 offices in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica; which gives us the ability to offer personalized attention in high volume regional matters through a single point of contact for your regional needs, providing you with an agile and efficient coordination that results in a standardized and effective final product. 
Discover more on our website.

53 results53 results
1
of
3
Deal Highlights
27 results27 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
PRB - Restructuring
2021-03-20
Arias
Guatemala
Restructuring
Jorge Luis Arenales
PRB
Creditor
PRB - Financing
2021-03-20
Arias
Guatemala
Financing
Jorge Luis Arenales
PRB
Lender
Inter American Investment Corp - Financing
2020-12-20
Arias
Guatemala
Financing
Jorge Luis Arenales
Inter American Investment Corp
Lender
EMF Microfinance Fund AGmvK - Financing
2021-05-20
Arias
Guatemala
Financing
Luis Pedro del Valle
EMF Microfinance Fund AGmvK
Lender
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV - Project finance
2021-06-01
Arias
Guatemala
Project finance
Jorge Luis Arenales
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV
Lender
Threelands Energy Ltd. - M&A
2023-09-11
Skadden Arps Slate Meagher & Flom
Guatemala
M&A
Daniel Hernandez, Emilia Arango, Paola Lozano
Threelands Energy Ltd.
Buyer
Inkia Energy - M&A
2023-09-11
Gibson Dunn & Crutcher
Guatemala
M&A
Caitlin Dortch, Kathryn Kelly, Luca Bernini, Marwan Azzi
Inkia Energy
Seller
2
of
2
By Firm
9 results9 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
1
0
Arias
Guatemala
15
0
Consortium Legal
Guatemala
2
0
Gibson Dunn & Crutcher
1
0
Greenberg Traurig
1
0
Hogan Lovells Cadwalader
1
0
Latham & Watkins
1
0
Mayora & Mayora
Guatemala
4
0
Skadden Arps Slate Meagher & Flom
1
0
IFLR is pleased to reveal the winning deals, teams, law firms and individuals in the 2023 Americas Awards
Davis Polk wins firm of the year plus all the night’s winning deals, teams and individuals
IFLR is delighted to announce the shortlist for the IFLR Americas Awards 2022 – winners will be announced at the awards ceremony in New York on May 19
The Americas awards research cycle has now begun – don’t miss out on this opportunity to get recognised
Research for the 2022 IFLR Americas Awards has now begun, with winners to be announced on May 12 2022
Huge numbers of social bonds have been issued with funds allocated to the Covid-19 response in a very short time. We asked how these instruments be used to finance other projects
A closer look at the Republic of Guatemala's $1.2 billion sovereign dual-tranche social bond
IFLR1000
View profiles for the leading female transactional lawyers in the world, based in the Americas, and interviews with featured individuals based in the region discussing gender in the legal profession
Sponsored

Sponsored