The association will see the firms work together, refer work to one another, and provide a more integrated service for existing clients in the region and globally, across key sectors such as insurance, construction and infrastructure, trade and commodities, and natural resources.
Grasty Quintana Majlis is a 10 partner corporate, commercial, tax, disputes and employment firm with over 30 years' experience in the Chilean market. The firm, which is broad-based in its practices, has experience and expertise in every segment of the Chilean economy, including insurance, natural resources and construction.
Peter Hirst, Senior Partner comments: "Chile is one of Latin America's fastest-growing economies and an important market for our core sectors. We are very pleased to partner with a firm that has such a similar client-centric mind-set and ambitious approach."
Lee Bacon, Chair of Clyde & Co's Latin America Strategy Group, comments: "This association is an important next step in our desire to continue to serve clients comprehensively and effectively on the ground across Latin America, which has always been and remains an important region for us. We are looking forward to working with Grasty Quintana Majlis on a more formal basis as there are many synergies between our firms."
The association bolsters Clyde & Co's reputation as a leading insurance and trading firm in Latin America and builds on the firm's more than 25-year presence in the region and its growing footprint across the Americas, where it now has 13 offices including Brazil, Venezuela, Mexico, Canada and the US.
Bacon continues: "The association is in line with our broader strategy in Latin America, with an incremental improvement to our regional network with a high quality, trusted partner firm in a key jurisdiction. This association will enable us to serve clients in the international insurance markets as well as international corporates in relation to significant claims and disputes in the wider region. We look forward to building our insurance and arbitration practice in the region with them and will use a presence in Chile to support the global projects & construction group's focus on Spanish contractors and the firm's practice in Madrid."
Juan Turner, Managing Partner of Grasty Quintana Majlis comments: "This is a fantastic opportunity to leverage the global platform at Clyde & Co to benefit both our clients and other businesses operating in our key markets. We have had a longstanding professional relationship and have long-admired the work that Clyde & Co does in Latin America and internationally and look forward to working more closely with them through the association in industries where we can keep providing high-value added services."
In the past 18 months, Clyde & Co has expanded internationally with presences in Hamburg, Dublin and Bristol. This is the latest growth in Latin America following the success of Clyde & Co's merger with law firm Garza Tello & Asociados in May 2017, through which it opened its first offices in Mexico.