For the fifth consecutive occasion, Arias, Fábrega & Fábrega was named National Law Firm of the Year for Panama by Who's Who Legal, publisher of The International Who's Who of Business Lawyers.  ARIFA is the only Panamanian firm to receive this award.

"By winning this award, Arias Fábrega & Fábrega demonstrates the exceptional breadth, depth and calibre of its expertise. We are delighted to recognise the firm once again as the leader in Panama."

The awards honor outstanding law firms worldwide, reflecting their notable achievements over the past year, including outstanding work, impressive strategic growth and excellence in client service. In the Latin America region, this year's recognition was reserved for nine law firms alone.

On March, ARIFA's leadership, expertise and innovative work in complex financial and M&A transactions in Panama and Central America, was also acknowledged by The International Financial Law Review with the 2011 Central American Law Firm of the Year, for the second consecutive year.

ARIFA partners featured in The International Who's Who of Business Lawyers 2011 are: Eduardo de Alba and Ricardo M. Arango.

About Who's Who Legal Awards
The Who's Who Legal Awards are regarded as one of the most respected prizes at the international level. With the benefit of over eleven years of independent research, Who's Who Legal used the thousands of nominations it has received from clients and private practice professionals to identify the leading firms and individuals in 30 practice areas, as well as the top firm in over 50 countries and five US states.

About Arias, Fábrega & Fábrega
Established in 1914, Arias, Fábrega & Fábrega has been at the forefront of the legal profession, advising leading international financial institutions and multinational corporations, as well as some of the largest companies in Panama for nearly 100 years.