Ranking tables

Corporate/M&A | Global

Panama

The Corporate/M&A rankings table below has been designed to provide the most in-depth insights and reviews of the top ranked lawyers and law firms. The firms included in our rankings have been recommended by in-house counsel, other third-party experts and private practice lawyers. Our comprehensive research ensures you have all the information needed when looking to purchase legal services across Panama.

Rankings overview for Departments

3

  1. Anzola Robles & Asociados
  2. Axios Law
  3. FABREGA MOLINO

All Departments profiles

1

Band 1

  1. Arias, Fábrega & Fábrega
    1
    Arias, Fábrega & Fábrega
    Corporate/M&A
    2026 | Band 1 | 6 Years Ranked
    Arias, Fábrega & Fábrega is an esteemed transactional heavyweight representing clients from the aviation, telecommunications and retail arenas, along with real estate companies. The firm remains a top choice of local co-counsel for international firms handling cross-border corporate and M&A deals. The outstanding bench of stellar practitioners routinely advises on complex transactional mandates, including the disposal of majority and minority stakes, as well as tender offers, stock purchase and shareholder agreements in Panama. The department is also well placed to advise on day-to-day operational matters, including regulatory compliance and corporate governance.
  2. Galindo, Arias & López
    1
    Galindo, Arias & López
    Corporate/M&A
    2026 | Band 1 | 6 Years Ranked
    Galindo, Arias & López is a highly distinguished full-service firm with a stellar corporate practice. Its expert team of noted practitioners handles complex mergers and acquisitions, advising minority and majority shareholders on transfers of equity, as well as handling share purchase agreements and related due diligence. It is frequently retained by large Panamanian entities to assist with the restructuring of corporate holdings, including incorporating joint venture agreements as special purpose vehicles. The firm also counsels clients on a key range of commercial contracts, such as franchise agreements.
  3. Alfaro, Ferrer & Ramírez
    Corporate/M&A
    2026 | Band 1
  4. Morgan & Morgan
    Corporate/M&A
    2026 | Band 1
2

Band 2

  1. Alemán, Cordero, Galindo & Lee
    2
    Alemán, Cordero, Galindo & Lee
    Corporate/M&A
    2026 | Band 2 | 6 Years Ranked
    Alemán, Cordero, Galindo & Lee is a respected name in the M&A arena, with a strong presence in international transactions. The team is active advising clients from a range of sectors, including financial services, telecommunications and energy, on complete and partial takeover bids. The department routinely assists foreign clients with the expansion of their operations in the Panamanian market, boasting solid experience in cross-border transactions involving private equity groups.
  2. LOVILL
    Corporate/M&A
    2026 | Band 2
3

Band 3

  1. Anzola Robles & Asociados
    Corporate/M&A
    2026 | Band 3
  2. Axios Law
    Corporate/M&A
    2026 | Band 3
  3. FABREGA MOLINO
    Corporate/M&A
    2026 | Band 3