Why is the LATAM and Caribbean market interesting? Know the Dentons case study
The British firm Dentons shows its expansion into the Latin American and Caribbean market
Why might the Latin American and Caribbean market be of great interest to large law firms?
Dentons and its numerous offices in these two regions answer the question: the luxury real estate market.
The British firm recently announced the opening of an office on the Caribbean island of Grenada. With the opening of this office, Dentons now has 33 offices in the Latin American and Caribbean region, showing its presence in 28 countries and employing more than 400 lawyers.
Dentons' expansion is remarkable. It is the firm that has announced the most international combinations in the first quarter of this year. Currently, we find Dentons' Caribbean presence in Antigua and Barbuda, Barbados, St. Kitts and Nevis, St. Lucia and St. Vincent and the Grenadines.
Through significant partnerships, Grenada has advanced its climate resilience and adaptation strategies, securing $300 million in funding for the world's first climate-smart city and $42 million for a climate-smart water sector.
This island is considered strategic for the UK firm due to growing foreign investment from the US, China and the UK.
"Dentons' new office in Grenada will enable us to meet the needs of clients in a priority market and strengthen our cross-border capabilities," said Elliott Portnoy, global CEO of Dentons.
Among Dentons' plans is to increase the firm's reach in the Caribbean market:
"With 12 offices covering 14 jurisdictions in the Caribbean region, Dentons leverages global reach and top-tier talent at the intersection of exceptional service and radical innovation," confident Dustin Delany, Dentons' Caribbean Community Managing Partner. "Dentons' expansion in Grenada emphasises our commitment to efficiently serving clients with global and regional interests, transacting throughout Latin America and the Caribbean region.
Internationalisation is one of Dentons' main flagships. So far, the firm is present in more than 204 cities, extending its footprint in 81 countries and relying on the eff