ARIFA partner Estif Aparicio was ranked Financial and Corporate Market Leader in Panama by IFLR1000, 2025, in the categories of Bank and Finance, Capital Markets and M&A.

"Very creative, always available, extremely knowledgeable."  IFLR1000, 2023

"Very good service. Always responsive and visualised several scenarios before executing. We have worked together for more than five years now." IFLR1000, 2015

"Excellent service." "He is one of the most competent lawyers in structuring syndicated loans for specialised industries." IFLR1000, 2015

“He's practical, hands on,” said one client. “He's the middle person that can break down the good things and the bad things to get the deal done.”  IFLR1000, 2012

Market Leader 
True leaders of their field, these lawyers have a track record of high profile innovative deals and are recognised as the standout performers in their country or practice area.

IFLR1000

Compiled by a team of dedicated specialist legal journalists based in New York, London and Hong Kong, the IFLR1000 is the only publication of its kind to focus on the leading law firms for corporate finance worldwide. Rankings are based on the recommendations of in-house counsel at the world’s most prominent financial institutions and companies, as well as the leading lawyers in each covered legal market.