“Our growth strategy is to establish a strong presence in regions important to our clients and to the industries in which they compete,” said Sandy Thomas, Reed Smith’s Global Managing Partner. “This move is ideal for us in two ways: Miami is the gateway to Latin America, where many of our clients have operations, and our global clients rely on international arbitration. The Astigarraga Davis lawyers are top-ranked in the field and are an exceptional addition to our existing leading arbitration practice.”
Having handled matters in the region for years, the Astigarraga Davis name is well-known and highly regarded in Latin America, adding further strength to Reed Smith’s 50-strong Latin America Business team. With lawyers in offices around the world, the team provides legal services in Spanish and Portuguese to clients throughout Mexico, Central America, and South America. The Miami office and the addition of the Astigarraga group will elevate the firm’s profile, positioning it well to attract top talent in the competitive legal market serving companies doing business in Latin America. The group is highly ranked in Chambers Global, Chambers USA and Chambers Latin America, Legal 500, U.S. News/Best Law Firms and Latin Lawyer.
Asked about the move to Reed Smith after years in independent practice, José Astigarraga, who will serve as the leader of the firm’s International Arbitration Practice, said, “Over the years, we’ve been approached by many outstanding firms about joining, including firms where we have very good friends, and we always resisted the temptation. But in the case of Reed Smith, the platform was a perfect fit. Our firm’s motto has been the ‘Power of Focus’ – Reed Smith’s business model is built around exactly that concept: they focus on five key industry groups, all of which rely on arbitration and do extensive business in the Americas. We see tremendous possibilities and are looking forward to joining Reed Smith’s outstanding group of arbitration lawyers.”