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Jones Day expands into Latin America, opens new office in Mexico City

January 2009

Washington DC - The international law firm Jones Day announced today the opening of a new office in Mexico City. This is Jones Day’s 31st office and its first in Latin America, where the firm has been representing clients for more than 30 years.

The office will be launched through a combination with the top-tier Mexico City law firm De Ovando y Martínez del Campo, S.C. and will concentrate on cross-border M&A, banking and finance and infrastructure transactions, as well as real estate and capital markets. Eight partners and twelve associates will be integrated into the new Jones Day Mexico City Office and Fernando de Ovando will serve as Partner-in-Charge. This integration follows over 20 years of collaboration between Jones Day and De Ovando y Martínez del Campo, S.C. on a variety of matters, both in Mexico and internationally.

"In 2007, Mexico 's GDP was north of 1 trillion USD, making it the 13th largest economy in the world just behind Brazil (10th), Russia(11th) and India(12th). Though Mexico is often overlooked in the commentary on the growing importance of the BRIC nations, it remains the US's third largest trading partner behind only Canada and China and ahead of Japan. The circumstances and ties that lead to NAFTA will only increase in future years making Mexico an ever more important economy for our clients," said Stephen J. Brogan, Managing Partner of Jones Day. "We are confident that the team joining us in Mexico City will enhance our ability to provide the highest level of service to our clients."

The opening of the Mexico City office further underscores Jones Day’s commitment to its Latin America practice. Jones Day has received the "strongest recommendation" rating every year since 2001 in the LATINLAWYER 250, the most authoritative guide to Latin America's leading business law firms. With the addition of the Mexico City office, Jones Day continues its strategy of expanding into markets to ensure global coverage for its international clients. This presence in Latin America will increase the Firm’s ability to advise U.S., European and Asian clients with their inbound investments into the region, as well as counseling Latin American companies in their international operations and capital markets activities. Jones Day’s Latin America Practice team now consists of approximately 50 lawyers, based in Mexico City, Madrid, New York, and around the world.

"We are delighted to join Jones Day and believe that the new office will enhance opportunities for Jones Day’s clients doing business here, as well as Mexican clients undertaking operations abroad," said de Ovando. "In the many years we have worked with Jones Day lawyers, we have always admired the one firm worldwide approach to client service. We are all very excited to join this wonderful Firm."

Jones Day is an international law firm with 31 locations in centers of business and finance throughout the world. With more than 2400 lawyers, including more than 400 in Europe and 200 in Asia, it ranks among the world’s largest law firms. Jones Day acts as principal outside counsel to, or provides significant legal representation for, more than half of the Fortune Global 500 companies.

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