Dentons is set to combine with Chilean firm Larrain Rencoret Urzua (LRU) in a move that will expand the international firm’s growing footprint in Latin America.
LRU has a focus on projects and infrastructure, banking and finance and M&A matters, with particular specialization in the energy and projects, mining and natural resources sectors. The firm has 33 lawyers and nine partners, according to its website.
“We are growing faster in Latin America and the Caribbean—and with truly high-quality firms—than anyone has ever done before,“ said a statement announcing the move from Dentons CEO Elliott Portnoy.
Dentons has embarked on a spree of acquisitions for its global network in recent years.
In July, Dentons’ Canadian arm absorbed Toronto-based boutique McLean & Kerr, a move that came two months after the firm acquired 40-lawyer Hawaiian shop Alston Hunt Floyd & Ing. In March, Dentons absorbed the bulk of Australian outfit DibbsBarker and announced seven other tie-ups with firms in Africa, Asia and the Caribbean.
In Latin America, Dentons has established Dentons Cardenas & Cardenas in Colombia and launched Dentons Munoz after absorbing Costa Rica-based Munoz Global, a move that gave the Global 100 firm access to the Central American market and bases in Nicaragua and Panama.
Earlier this year, Dentons opened an office in El Salvador after absorbing a local firm. Dentons also formed an alliance with Brazilian civil litigation shop Vella Pugliese Buosi Guidoni last year, while also establishing new offices in Barbados and Mexico. Dentons made its initial move into Mexico in 2016 after taking on part of local firm López Velarde, Heftye y Soria.
Dentons’ deal with LRU is subject to Chilean regulatory requirements and, if approved by partners, will launch in the coming months. The mega-firm now has roughly 7,500 lawyers in its global network, having combined with Chinese legal juggernaut Dacheng in 2015.