Milbank LLP was ranked as the #1 Leading International Firm by the Latin American Corporate Counsel Association (LACCA) in its annual “Who Represents Latin America’s Biggest Companies” survey.
LACCA’s annual survey examines the relationship between companies with operations or connections to Latin America and the law firms that they work with to help navigate legislative and regulatory developments across the region. The companies were selected from a hierarchical list based on 2016 revenue, as well as coverage of the companies in Latin Lawyer stories.
LACCA ranked Milbank as the #1 Leading International Firm, highlighting the growing need among Latin American companies to acquire more sophisticated legal services from international law firms with strong regional presences as they continue to operate internationally. LACCA also ranked Milbank as the #2 Most Popular Firm in the Region, naming the firm as the top US firm with a broad transactional practice across the region.
LACCA’s survey specified that investment in Latin American markets has increased in part due to the region’s positive economic outlook. Specifically, Latin America is undergoing an “energy transformation” with legislative reforms that entice local and foreign investors – investment has increased 11-fold since 2004. The energy investment surge has driven the need for international law firms like Milbank, and their work in the Latin American region has earned it the recognition of top international firm.
“This recognition from LACCA is a tremendous honor that speaks directly to Milbank’s strong reputation in the Latin American region and our position as the leading international law firm in Latin America,” said Marcelo Mottesi, head of Milbank’s Global Capital Markets practice and co-head of the firm’s Latin America Group. “We are pleased that the biggest companies in Latin America continue to rely on us to navigate the region’s ever-evolving legislative and regulatory landscape and successfully handle their highly complex transactions.”
Dan Bartfeld, head of Milbank’s Global Project, Energy & Infrastructure Finance Group, and co-head of the firm’s Latin America Group added: “We are seeing a remarkable energy and infrastructure transformation in Latin America that is boosting investment and growth across the region at a staggering pace. Milbank’s market-leading reputation for high-stakes energy and infrastructure projects has positioned the firm at the forefront of this transformation, and we look forward to continuing our work as a key advisor to rapidly growing companies in Latin America.”
