This year, we proudly celebrated our 30th Anniversary, an extraordinary milestone that reflects the strength, dedication, and vision of our team. Along with our members, we consider our clients, friends and alumni an instrumental part in shaping Galicia into the leading force it is today.
As we close an extraordinary anniversary year, we look forward to continuing to shape the legal landscape in Mexico, with an unmatched culture and a unique market offering that seamlessly blends renowned transactional and regulatory expertise with strategic capabilities in litigation.
After a peaceful electoral year, the first female president was elected, and a set of structural initiatives were approved that have altered the way previous administrations operated, with greater control by the executive branch. These reforms include the elimination of autonomous bodies and a deep judicial reform, among others.
Despite the challenges, both local and international business activity continues, particularly in sectors such as energy, hospitality, technology, and financial services. There is significant potential for creativity in developing new businesses in Mexico.
As the country moves forward with renewed energy and vision, we remain optimistic about the opportunities that lie ahead and our role in shaping a brighter future for Mexico and its global connections.
The path is clear for growth, progress, and collaboration, and we are excited to be part of it.
Since 2022, M&A work has been declining in both volume and value globally, including in the U.S. and Europe. Industry publications report a 30% reduction in activity over the last years. The same trend has affected capital markets in countries across the region.
While the decline in transactional activity has been more moderate in Brazil and Mexico, the global drop can be attributed to several key factors: high interest rates, inflation, international political instability, particularly in Ukraine and the Middle East and the ongoing U.S.-China trade war. All the above creates uncertainty and instability, impacting the ability to accurately price assets.
These challenging landscapes demand that we adapt and remain agile, as these factors continue to shape the economic and business environment. In a volatile and unstable world, with a shrinking market, we have successfully positioned ourselves as a key player through our multidisciplinary approach, collaborative culture, and strong network of Best Friends.
Our unmatched portfolio of Mexican clients stands as a testament to the trust we've built.
Despite the global challenges, our firm has successfully navigated a smaller transactional market, thanks to an increased market presence and the impact of nearshoring. Key to this achievement has been our strong leading positioning in both domestic and international markets and our multidisciplinary specialized unique service offering.
Our strategy has proven effective and should continue, with adjustments made to account for the political and economic landscapes that we face. Above all, we must learn to collaborate more closely with the government, seek creative partnership models, and strengthen our risk management capabilities.
As we adapt to an ever-evolving market landscape, we have focused on strengthening our relationships with the new administration, driving investment through creative solutions, and delivering even greater value to our clients. We remain committed to innovation and providing unparalleled solutions that make a real difference.
The future is bright, and together, we are shaping it!
To our alumni,
We are deeply grateful to our more than 250 alumni from Mexico and abroad who joined us
that night. Your presence and friendship made the evening truly special. We take immense
pride in each one of you, and your contributions have been a vital part of Galicia's journey.
As we celebrate our 30th anniversary, we look forward to future gatherings where we can reconnect, celebrate our shared history, and continue to strengthen the legacy of talent that defines our firm.
Thank you for celebrating our 30th anniversary with us. Your trust and friendship have been vital to our success, and we are grateful for the opportunity to grow together. We look forward to continuing our strong partnership, reaching new heights of success and innovation in the years ahead.
We are thrilled to have hosted the 2024 IBA Annual Conference in Mexico City, an incredible opportunity for us to serve as host firm. It was a true pleasure to welcome so many familiar faces, reconnect with old friends, and forge new relationships. We are deeply grateful for your continued friendship and collaboration.
/ 168+
Institutional Meetings
/ 35
Countries Represented In Our Meetings
/ 575+
Visitors At Our Offices
/ 3500+
People Reached Through Events, Communications And Meetings
/ 30+
Institutional Events Hosted
These figures highlight our global presence, extensive network, and commitment to fostering meaningful connections. Thank you for making this event so memorable, and we look forward to seeing you all in Toronto in 2025!
Over the past year, we have placed a strong emphasis on strengthening our team's sense of belonging and deepening their connection to our institutional culture. This culture is built on core values of collaboration, trust, diversity, inclusion, well-being, and sustainability, all of which are focused on enhancing both the personal and professional growth of every member of our team in our Mexico City and Monterrey offices.
2025 Promotions | effective January 1, 2025
Lisandro Herrera
Life Sciences
Gerardo Rodríguez
Competition
Lucía Manzo
Environment
Roxana Schäfer
Real Estate and M&A
Fabiola Jiménez
Wealth Management
Cecilia Díaz de Rivera
Wealth Management
Iván Valdespino
Administrative & Constitutional Litigation
42
Partners
5
Counsels
130
Associates
53
Law Clerks
57
Administrative & Finance Team
6
Business Team
Our focus will continue in the industries and sectors we see as key for expansion in 2025, which are Manufacturing / Nearshoring, Real Estate / Hospitality, Infrastructure, Pharmaceuticals & Medical Devices, Agribusiness, Electromobility, Renewables / Energy, and TMT / AI. These sectors represent critical growth areas where we are leveraging our expertise to drive innovation and create value for our clients in an ever-evolving market.
We advise our clients on complex transactions, by applying creative strategies combined with our strategic litigation and regulatory expertise, including our unique skills to navigating government relations with the backing of a deep regulatory knowledge, all while ensuring greater specialization and efficiency through agile, diverse, expert and high-performance teams.
We continue to be recognized as a leading Mexican firm, demonstrating our wide-reaching expertise with the highest number of groundbreaking transactions shortlisted and awarded "Deals of the Year" by renowned and specialized international publications and legal directories.
Proud of the impact of our team, we continue strengthening the impact of our ESG practice by collaborating with leading firms in Latin America and Europe through initiatives such as the Global Reporting Initiative (GRI). This strategic alliance spans key jurisdictions across Costa Rica, Argentina, Colombia, Chile, Mexico, Uruguay, Italy, Brazil, and Ecuador, reinforcing our commitment to sustainability and positioning our ESG team as a leading force in the region.
Our Pro Bono Program continues to be recognized as one of the most impactful initiatives in Mexico, thanks to our collaboration with organizations, associations, and clearinghouses that share our deep commitment to social responsibility.
With more than 35 international recognitions awarded to our firm, partners, and practice teams by prestigious global publications over the past 12 months, our team continues to solidify its position as leading experts in Mexico, with a strong and growing presence across Latin America.
20 practice areas recognized with rankings by the 2025 Chambers and Partners Latin American Guide, which confirms the strength of our main differentiator in the Mexican legal market including practices in our three strategic lines of specialization: Transactional, Regulatory and Litigation.
For the second consecutive year, our Firm has been listed as the LL250 Elite Guide's leading firm in Mexico out of all researched firms across the country, including 8 international firms with a relevant presence in the region.
Our deep appreciation to each of our clients for entrusting us with their most relevant, complex and challenging transactions and for participating in their feedback with internationally renowned legal directories* and awarding us for the fourth consecutive year as:
A YEAR TO REMEMBER
At Galicia, our unwavering commitment to values such as congruence, respect, collaboration, inclusion, innovation, creativity, equality, and diversity is the foundation of our success. These principles drive our unique culture, enabling us to build a solid, forward-thinking institution where personal and professional growth, well-being, and development are prioritized.
With a clear and ambitious vision for the future, we are positioned for continued growth and success. Looking ahead to 2025, we embrace the promise of new opportunities, fresh challenges, and further evolution, not just for Galicia as an institution, but for our clients, collaborators and Best Friends.
Together, we are ready to make the next chapter even more impactful than the last.
By fostering an environment that empowers our team, we ensure Galicia remains a leader in the industry and the best place to work. With this strong culture, we will continue to innovate, maintain our leadership, and strengthen our position as a dynamic, one-of-a-kind firm.
Next year we will be moving into new offices, a milestone that reflects our optimism for the future of our firm, our sector, and our country. This move is not just a physical relocation, it symbolizes our continued growth, ambition, and confidence in the opportunities ahead.
We are ready to embrace the future and all the possibilities it brings.
