Dentons enters Bolivia by partnering with a firm of 25 lawyers
Dentons entered Bolivia through a combination with Guevara & Gutierrez, bringing its presence in Latin America and the Caribbean to 27 countries.
Elliott Portnoy, global CEO of Dentons, said the deal positions Dentons as the only global law firm in Bolivia. The South American country is rich in minerals and other natural resources, but plagued by social tensions.
Guevara & Gutierrez has offices in the towns of Laz Paz and Santa Cruz, with nine partners and 25 lawyers in total. His expertise covers banking and finance, corporate and commercial law, dispute resolution, energy and natural resources, labor and employment, and taxation.
The deal with Guevara & Gutierrez comes a week after Dentons announced its entry into Ecuador, where it also appears to be the only global company on the ground.
Bolivia and Ecuador both struggled significantly during the COVID-19 pandemic, experiencing high death rates from the virus and sharp economic downturns.
Bolivia elected a new president last year after a political crisis in 2019 that saw longtime leader Evo Morales flee the country. President Luis Arce, a left-wing economist, took the helm in 2020 of an interim government.
Dentons enters Ecuador by partnering with a firm of 30 lawyers