5 ranked lawyersBand 1El SalvadorLatin America 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Regional powerhouse commanding an outstanding reputation in El Salvador's corporate market. Deep bench of talented practitioners well-placed to handle sophisticated local and cross-border M&A and real estate transactions, in addition to corporate restructuring and incorporations. Significant expertise in banking and finance mandates, advising on project and corporate finance mandates. Offers a strong lender-side practice, in addition to counselling a variety of regional and international players from the telecommunications, manufacturing and energy sectors.


Market commentators agree that Arias boasts the best team in El Salvador. A client highlights their "regional network," and "highly capable, specialised and dedicated professionals" as among the key strengths.

Another interviewee praises "the dynamic and proactive advice," that they receive, whilst also noting: "They have a solid knowledge of the area and the speed of response is excellent."

Work highlights

Assisted Telefónica Centroamérica with the disposal of its business operations in Guatemala and El Salvador, advising on corporate, tax and regulatory matters, as well as approval before the Superintendence of Competition.

Notable practitioners

Dynamic partner Ana Mercedes López is esteemed for her multi-practice capabilities, with a source noting: "She is excellent, both in financial and corporate matters. She handles transactions throughout the region and coordinates her team very well." A fellow peer attests: "Ana Mercedes is a very good corporate lawyer."

Regional managing partner and eminent practitioner Armando Arias remains an impressive figure in the area. "He is very well known and effective," according to a client, whilst a fellow peer praises "his professional ability, client roster and track record in Central America," confirming: "He is the most prominent lawyer in El Salvador."

Department co-head Lilian Arias is lauded by a source, noting: "She is an expert, very customer-orientated and has an important presence in El Salvador." An interviewee adds to this praise, declaring: "She has a lot of experience and knowledge, in addition to being an excellent leader of her team. She tackles every issue with the utmost professionalism." Ariasco-heads the department and routinely leads on significant investment and divestiture mandates.

Up-and-coming partner Luisa Rivas features here for the first time, with clients praising her corporate and finance knowledge. Sources note: "We have a great relationship with her; she is knowledgeable and provides a quick service."

The "extremely dedicated" department co-head Roberta Gallardo ascends to the top band for the first time. She elicits praises from market sources, with one stating: "She has an excellent attitude and is always conscious of the client's needs," before hailing her as "an expert" who "inspires confidence." Gallardo receives further acclaim from peers, one of whom acknowledges her as "very knowledgeable of corporate matters and open to negotiating and finding solutions."

Department Information

This content is provided by Arias.


With more than 78 years of experience, at Arias, we offer legal advice in the structuring and restructuring of businesses, including, among others, the following:

  • Drafting and filing of charter documents and bylaws for legal entities. Shareholders' agreements.
  • Minority rights
  • Creditors' rights
  • Corporate governance
  • Management agreements
  • Employment relationships
  • Fiscal and tax planning

Also, since our establishment, and throughout the region, We have assisted our clients in franchising matters. By participating in giving legal advice to multinational corporations in business sectors - such as hotels and resorts, and food and clothing - our law firm has acquired considerable expertise in areas that are continually expanding throughout the globalized business world. Our attorneys are constantly increasing and practicing their knowledge on the technical aspects of franchise law through attending specialized seminars and conferences. Arias has participated in and provided legal counseling for the following franchising transactions:

  • Structuring franchising commercial relationships
  • Drafting, reviewing, revising and modifying franchising license agreements for both franchisors and franchisees
  • Providing assistance when facing legal issues or disputes with counterparts
  • Providing legal advice on the taxation aspects of franchising

Corporate/Commercial Department


Department location

Calle La Mascota #533

Colonia San Benito

San Salvador

Area Metropolitana de San Salvador

El Salvador

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

El Salvador


Ana Mercedes López
Band 3
F Armando Arias
Eminent Practitioners
Lilian Arias
Band 1
Luisa Rivas
Up and Coming
Roberta Gallardo
Band 1