The international law firm of Chadbourne & Parke LLP has announced the formation of its U.S. Hispanic Practice Group, an expansion of its Corporate, Private Equity and Latin America Practices.
The group, headed by partners Talbert I. Navia and Alejandro San Miguel, will provide legal representation to U.S. companies deriving substantial revenues from the Hispanic market and/or U.S. companies which are controlled by Hispanics. With the dynamic growth of these companies and of the Hispanic population throughout the United States, Chadbourne is well positioned to meet the needs of this client base.
The launch of the practice coincided with the first conference examining investment opportunities in the U.S. Hispanic market. The April 12 conference, held at Chadbourne's New York offices, was co-sponsored by Chadbourne, investment bank Samuel A. Ramirez & Co., Zemi Communications and AMLA Consulting.
"I can't imagine a better time for investors and entrepreneurs to look at the U.S. Hispanic market," Mr. Navia told an audience of 140 people at the conference. Other speakers included SEC Commissioner Roel Campos and Guy Garcia, author of The New Mainstream.
Chadbourne's practice is aimed at serving a rapidly growing area: the number of companies that serve the U.S. Hispanic market which has grown four-fold. Moreover, Hispanic-owned businesses are expected to increase at a robust rate of 7.6 percent annually through at least 2010.