Icaza, González-Ruiz & Alemán merges tradition and vision to provide practical legal solutions, delivering outstanding results to corporate and private clients worldwide.

Since its inception in 1920, its experts have been involved in some of the most pivotal milestones in Panama's legal history, contributing to the country’s regulatory framework. Today, it transcends borders through its international offices in key strategic locations in South America, Europe, Asia and the Caribbean.

Its performance is further strengthened by Icaza Trust Corporation (ITC), licensed in Panama for the provision of fiduciary services; an initiative born in response to the changing market and the sophistication of its clients' demands.

Its highly skilled experts are deeply committed to their craft, covering more than 20 areas of legal practice, which include: administrative law, company formation, banking and finance, capital markets and securities, communications and information technology, data protection, environmental law and energy, immigration and naturalisation, labour law, intellectual property, litigation and alternative dispute resolution, taxation and trusts, among others.

For over a decade, Icaza, González-Ruiz & Alemán has provided legal advice to Panama’s government for project finance transactions by assisting during operations such as the sale of accounts receivable to banks, obtaining loans, and the issuance of bonds. The firm's services extend to a wide range of secured and unsecured financing deals, from debt and equity to structured facilities.

Icaza has also built a leading intellectual property and brand protection practice, providing strategies to clients to enforce their rights locally and internationally. In addition, a data privacy and protection practice has been developed in line with today's demands, advising several clients in this emerging sector.

Furthermore, the firm advises multinational companies and other entities participating in private and public tender processes, some of which involve major infrastructure projects.

Icaza is able to provide a full scope of legal services at competitive rates promptly and effectively through the use of technology and the support of highly skilled and experienced professionals. Our tailor-made approach to each case ensures we can adapt to your ever-changing needs. And our work speaks for itself. The firm has registered over 35,000 trademarks, opened over 200 companies with licences in special economic zones, provided legal advice in transactions worth over US$3 billion per year, and through ITC, effectively structured and administered more than 200 trusts, while the current value of trust assets under its administration exceeds US$7 billion.

With over 100 years in the legal industry, Icaza, González-Ruiz & Alemán celebrates its tradition while adapting to today’s evolving landscape, remaining committed to powering your projects, protecting your interests and resolving your legal matters.


Representative Clients

We are committed to offering solutions tailored to the needs of each of our clients, and we take pride in the relationships that we build and maintain with each of them. 

ICAZA, GONZALEZ-RUIZ & ALEMAN is in the list of Legal Consultants for projects of Banco Mundial and Banco Interamericano de Desarrollo (World Bank and Interamerican Development Bank).

  • Banco General de Panamá, S.A. 
  • Banco Internacional de Costa Rica, S.A. 
  • Bancolombia Panamá S.A. 
  • Canon Kabushiki Kaisha 
  • Cervecería Nacional, S. DE R.L. 
  • China Harbor Engineering Co. Ltd. 
  • Christian Dior Couture 

  • Citibank, N.A. 
  • Citizen Watch Co. Ltd. 
  • Dell Inc.
  • Delta Airlines Inc. 
  • DreamWorks Animation LLC
  • Global Bank Corporation 
  • Grupo Carvajal S.A. 

  • Grupo Elektra
  • Halliburton International GmbH 
  • Hershey Chocolate & Confectionery Corporation 
  • Hewlett-Packard 
  • Rolex S.A. 
  • NBA Properties 
  • Pan American Life Insurance Group 

  • Sanofi Pasteur 
  • Seiko Holdings Corporation 
  • Grupo Sur 
  • Unilever N.V. 
  • Warner-Lambert Company LLC 
  • World Wrestling Entertainment Inc. 
  • Xerox Corporation



Main Associations & Partners
  • International Bar Association (IBA)
  • Colegio Nacional de Abogados de Panamá
  • Asociación de Abogados Internacionales de Panamá
  • Society of Trust and Estate Practitioners (STEP)
  • International Trademark Association (INTA)
  • International Fiscal Association (IFA)
  • Asociación Panameña de Propiedad Intelectual (APADEPI)
  • Cámara de Comercio e Industrias de Panamá
  • International Chamber of Commerce (ICC) - Panama Chapter
  • American Chamber of Commerce and Industry of Panama (AMCHAM)
  • German-Panamanian Chamber of Commerce and Industry – AHK Panama
  • Cámara Marítima de Panamá
  • Asociación Panameña de Derecho Marítimo (APADEMAR) 
  • Asociación de Mujeres Directoras Corporativas (ADC)
  • Asociación Interamericana de la Propiedad Intelectual (ASIPI)
  • Instituto Nacional de Recursos Humanos (ANREH)
Other Associations
  • American Bar Association (ABA)
  • Academia Panameña de Derecho del Trabajo (APADETRA)
  • Association Internationale Pour La Protection de la Propriété Industrielle (AIPPI)
  • Asociación Panameña de Derecho y Nuevas Tecnologías (APANDETEC)
  • Asociación Panameña de Ejecutivos de Empresa (APEDE)
  • Club Activo 20-30
  • Instituto Iberoamericano de Derecho Marítimo
  • Instituto Panameño de Derecho y Nuevas Tecnologías (IPANDETEC)
  • American Bar Association (ABA)
  • Inter-Pacific Bar Association (IPBA)
  • L.A. Bar Association
  • Latin American Arbitration Association (ALARB)
  • Louisianna State Bar Association
  • PrivacyRules
  • Rotary Club
  • Young Presidents’ Organization (YPO)

Established in 2017

IGRA Foundation

Fundación IGRA was established in 2017 by the partners and associates of Icaza, González-Ruiz & Alemán with the purpose of promoting and carrying out social development programs aimed at benefiting underserved communities in the areas of education, medical assistance, promotion of sports, music, art and culture.

In addition, the Foundation promotes causes involved in the protection of the environment, especially recycling programs and its sustainable development. The Foundation also makes donations and participates in activities benefiting various charities and non-profit associations in Panama.



Icaza, González-Ruiz & Alemán also channels pro-bono work through the IGRA Foundation. The firm’s pro-bono work is focused on providing legal assistance to unserved communities and NGOs that meet the scope of the foundation’s objectives.

If you are in need of legal services and require pro-bono assistance contact us at fundacionigra@icazalaw.com.