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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Davies Arnold Cooper (DAC) has signed a formal alliance with newly established Chilean firm Seguros Lex in a move that is expected to lead to a merger between the two.
Earlier this month, DAC pledged to put Latin America at the heart of its strategy. This move comes after the firm signed a formal association with São Paolo boutique insurance outfit JBO Advocacia (The Lawyer, 6 September).
DAC senior partner Danny Gowan said: “If this works well we’ll look to make it a DAC office. We’ll be sending people out from time to time, but our strategy is to find local lawyers who know the local market.
“It’s a strategy that’s been successful in Mexico and Madrid.”
Seguros Lex, formed by a group of insurance lawyers, is Chile’s first specialist insurance law firm. Gowan said DAC already had a relationship with Seguros Lex lawyers.
The Santiago-based firm is led by Sergio Arellano Iturriaga, a former chairman of the Insurance Law Association of Chile.
Gowan said the country’s economy was forecast to grow by 8 per cent in the next year, so its insurance sector is booming.
The firm is looking for further openings across Latin America, said Gowan, adding: “Colombia’s somewhere we’re keeping an eye on.”