“TX Law Firms Gear Up for Booming Mexican Legal Market”
Cross-border corporate lawyers Carlos Valencia and Tatiana Escribano are two of the most sought after legal advisors in Mexico.
Two years ago, they were partners at Dallas-based Thompson & Knight’s Mexico City office when they decided to move their practice to DLA Piper, a 4,000-lawyer firm headquartered in Chicago and London. Two weeks ago, Valencia and Escribano switched firms again, joining global giant Baker & McKenzie. Headhunters predict other law firms will attempt to poach the pair yet again within a few months.
The legal market in Mexico is heating up as law firms jockey for position to attract corporate clients seeking to invest tens-of-billions of dollars or more when Mexico fully implements its energy reforms in the months ahead.
During the past few months, law firms from Texas and across the globe have raided each other’s offices in an attempt to hire experienced and well-connected corporate lawyers in Mexico.