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Sarmiento Loriega Law Office

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uuid003jhuj

Namestring
Sarmiento Loriega Law Office
Legal namestring
Sarmiento Loriega Law Office
Company typeenum
Private
Founded yearint
2020
Descriptiontext

Sarmiento Loriega Law Office (SL Law) is a full-service Philippine law firm founded in 2020 and headquartered at the Discovery Center in Ortigas, Pasig City. The firm operates as a partnership led by two Founding Partners — Julito R. Sarmiento and Loriega — supported by lawyers drawn from the most prestigious Philippine law schools. SL Law advises multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies on significant investments, acquisitions, divestitures, joint ventures, corporate restructurings, regulatory matters, and disputes.

The firm delivers professional legal services across 35+ practice areas spanning corporate transactional work (M&A, Private Equity & Venture Capital, Project Finance, Corporate Restructuring), regulatory and compliance practices (Banking and Finance, Securities & Capital Markets, Antitrust and Competition Law, AML, ESG), specialized sector practices (Energy & Power Utilities, Mining and Natural Resources, Renewable Energy and Energy Transition, Gaming & Integrated Resorts, PPP), and litigation across commercial, administrative, and constitutional matters. There is no proprietary technology platform or product architecture; the offering consists entirely of attorney-delivered professional services. Practice differentiators rest on partner-level credentials and sector specialization rather than technology.

The business model is fee-for-service professional services billing, with no publicly disclosed pricing, engagement minimums, or alternative fee arrangements in the data. Go-to-market is direct enterprise sales through referrals, professional reputation, thought leadership via the firm's website and insights publications, and participation in the Philippine legal community. The firm is privately held with no external investors or parent company, has no disclosed subsidiaries, no patents or trademarks, no public awards catalog, and no strategic partnerships. Distribution is single-country (Philippines), with no stated international footprint beyond serving cross-border mandates for multinational clients.

Short descriptiontext

Sarmiento Loriega Law Office is a full-service Philippine law firm founded in 2020, advising multinational corporations, PE sponsors, financial institutions, and family conglomerates on M&A, regulatory, energy, infrastructure, and dispute matters across 35+ practice areas.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersPasig, Philippines
HQ citystring
Pasig
HQ countrystring
Philippines
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
corporate legal services, mergers and acquisitions, antitrust and competition law, renewable energy law, litigation and dispute resolution
Industry3 codes
1Corporate & Commercial Law
CodeBPAHAAAAPrimaryYes
2Mergers & Acquisitions (M&A) & Securities Law
CodeBPAHAAAIPrimaryNo
3Family & Private Client (Trusts & Estates) Law
CodeBPAHAAAKPrimaryNo
NAICS code1 code
  • Offices of Lawyers541110
SIC code1 code
  • Services-Legal Services8111
Product category
Legal Services
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Legal Services
TypeProfessional Services
Description

Full-service law firm providing comprehensive legal services across multiple practice areas including M&A, taxation, energy law, banking and finance, securities, competition law, mining and natural resources, ESG, real estate, litigation, intellectual property, data privacy, fintech, and more. Services are provided to multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies.

sl-lawoffice.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Sarmiento Loriega Law Office is a full-service Philippine law firm providing comprehensive legal counsel across more than 35 practice areas, including mergers and acquisitions, taxation, energy and power utilities, banking and finance, securities and capital markets, antitrust and competition law, EPC and infrastructure, mining, ESG, real estate, intellectual property, data privacy, fintech, and litigation. The firm advises multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies on significant transactions, regulatory matters, and disputes in the Philippines.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • One of the Philippines' leading M&A transactional practices
+3 more records
Product overview1 text field

Sarmiento Loriega Law Office is a full-service Philippine law firm founded in 2020, providing comprehensive legal services across diverse practice areas. The firm offers a broad portfolio of legal service lines including corporate transactional work (Mergers & Acquisitions, Private Equity & Venture Capital, Project Finance), regulatory and compliance practices (Banking and Finance Law, Securities & Capital Markets, Antitrust and Competition Law), specialized sector practices (Energy & Power Utilities, Mining and Natural Resources, Renewable Energy and Energy Transition, Gaming, Gambling & Integrated Resorts), and litigation and dispute resolution services. The firm also provides emerging technology and digital economy legal advisory through its Intellectual Property, Technology & Innovation, Data Privacy, Cybersecurity & Digital Governance, Fintech, Digital Commerce and Internet Law Practice, and Artificial Intelligence practices. As a law firm, there is no product platform architecture—the offering consists entirely of professional legal services delivered by attorneys with formidable academic credentials and nearly three decades of seasoned law practice.

Product and service36 records
1Mergers & Acquisitions
CategoryCorporate Transactional
2Taxation Law
CategoryRegulatory and Compliance
3Energy & Power Utilities Practice
CategorySector Practice
4Corporate and Commercial Law
CategoryCorporate Transactional
5Banking and Finance Law
CategoryRegulatory and Compliance
6Securities & Capital Markets
CategoryRegulatory and Compliance
7Antitrust and Competition Law
CategoryRegulatory and Compliance
8Engineering Procurement and Construction (EPC) and Infrastructure Projects
CategorySector Practice
9Mining and Natural Resources Practice
CategorySector Practice
10Environmental, Social and Governance (ESG) Practice
CategoryRegulatory and Compliance
11Social License and Stakeholder Engagement
CategorySector Practice
12Real Estate, Land Use and Property Development
CategorySector Practice
13Insurance, Reinsurance & Risk Management
CategoryRegulatory and Compliance
14Litigation, Arbitration and Alternative Dispute Resolution
CategoryDispute Resolution
15Labor, Employment and Human Capital
CategoryRegulatory and Compliance
16Intellectual Property, Technology & Innovation
CategoryTechnology and IP
17Data Privacy, Cybersecurity & Digital Governance
CategoryTechnology and IP
18Fintech, Digital Commerce and Internet Law Practice
CategoryTechnology and IP
19Anti-Money Laundering & Financial Crime Practice
CategoryRegulatory and Compliance
20Artificial Intelligence
CategoryTechnology and IP
21Public-Private Partnerships (PPP), Public Procurement & Government Contracts
CategorySector Practice
22Financial Restructuring, Rehabilitation & Insolvency
CategoryCorporate Transactional
23Corporate Restructuring & Reorganization
CategoryCorporate Transactional
24Immigration, Global Mobility & Citizenship
CategoryRegulatory and Compliance
25Regulatory, Public Policy & Government Affairs
CategoryRegulatory and Compliance
26Foreign Investment & Market Entry
CategoryCorporate Transactional
27Public Law, Constitutional & Administrative Litigation
CategoryDispute Resolution
28Transport, Infrastructure & Public Utilities
CategorySector Practice
29Gaming, Gambling & Integrated Resorts
CategorySector Practice
30Private Equity & Venture Capital
CategoryCorporate Transactional
31Renewable Energy and Energy Transition
CategorySector Practice
32Project Development and Project Finance
CategorySector Practice
33Matrimonial, Family & Civil Law
CategoryRegulatory and Compliance
34Election Law & Political Governance
CategoryDispute Resolution
35Power Disputes, Regulatory Enforcement & Energy Arbitration
CategoryDispute Resolution
36Environmental Law Advisory, Climate Change & Environmental Enforcement
CategoryRegulatory and Compliance
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Philippine full-service law firm with comparable corporate, securities, banking, and commercial practice areas serving enterprise clients.

TypeDirect peer
Description

Full-service Philippine firm positioned as a modern challenger with strong M&A, energy, and corporate practice that targets similar enterprise and PE clients as SL Law.

TypeDirect peer
Description

Largest full-service Philippine law firm and the firm where SL Law's founding partners previously trained. Direct competitor for M&A, energy, securities, and corporate mandates serving multinationals, PE, and Filipino conglomerates.

TypeBroad incumbent
Description

Global law firm with a long-standing Manila presence through Quisumbing Torres. Competes for the same cross-border M&A, energy, and PE mandates that target the Philippine market.

TypeDirect peer
Description

Full-service Philippine firm with strong corporate, M&A, securities, banking, and tax capabilities, frequently engaged by listed PH companies and multinationals on transformative deals.

TypeDirect peer
Description

One of the largest Philippine law firms with deep corporate, M&A, tax, and litigation capacity; competes for the same enterprise mandates and high-value transactional work as SL Law.

TypeDirect peer
Description

Full-service Philippine firm with highly regarded corporate, M&A, energy, real estate, and tax practices, frequently cited as one of the country's leading transactional firms and a direct competitor for complex deals.

TypeDirect peer
Description

Top-tier Philippine Magic Circle firm and Baker McKenzie affiliate, with major M&A, competition, energy, and cross-border transactional practices that overlap directly with SL Law's key specialties.

TypeRegional player
Description

Leading Singapore-based full-service firm with growing Southeast Asia focus; competes for cross-border M&A and energy/finance mandates in PH and across the region, often partnering with local firms.

TypeDirect peer
Description

Established full-service Philippine law firm with comparable corporate, M&A, securities, and dispute resolution practices serving PH conglomerates, multinationals, and financial institutions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sarmiento Loriega Law Office

Legal Servicessl-lawoffice.com

Sarmiento Loriega Law Office is a full-service Philippine law firm founded in 2020, advising multinational corporations, PE sponsors, financial institutions, and family conglomerates on M&A, regulatory, energy, infrastructure, and dispute matters across 35+ practice areas.

What Sarmiento Loriega Law Office does

Sarmiento Loriega Law Office (SL Law) is a full-service Philippine law firm founded in 2020 and headquartered at the Discovery Center in Ortigas, Pasig City. The firm operates as a partnership led by two Founding Partners — Julito R. Sarmiento and Loriega — supported by lawyers drawn from the most prestigious Philippine law schools. SL Law advises multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies on significant investments, acquisitions, divestitures, joint ventures, corporate restructurings, regulatory matters, and disputes.

The firm delivers professional legal services across 35+ practice areas spanning corporate transactional work (M&A, Private Equity & Venture Capital, Project Finance, Corporate Restructuring), regulatory and compliance practices (Banking and Finance, Securities & Capital Markets, Antitrust and Competition Law, AML, ESG), specialized sector practices (Energy & Power Utilities, Mining and Natural Resources, Renewable Energy and Energy Transition, Gaming & Integrated Resorts, PPP), and litigation across commercial, administrative, and constitutional matters. There is no proprietary technology platform or product architecture; the offering consists entirely of attorney-delivered professional services. Practice differentiators rest on partner-level credentials and sector specialization rather than technology.

The business model is fee-for-service professional services billing, with no publicly disclosed pricing, engagement minimums, or alternative fee arrangements in the data. Go-to-market is direct enterprise sales through referrals, professional reputation, thought leadership via the firm's website and insights publications, and participation in the Philippine legal community. The firm is privately held with no external investors or parent company, has no disclosed subsidiaries, no patents or trademarks, no public awards catalog, and no strategic partnerships. Distribution is single-country (Philippines), with no stated international footprint beyond serving cross-border mandates for multinational clients.

Sarmiento Loriega Law Office firmographics

Firmographics
Name
Sarmiento Loriega Law Office
Legal name
Sarmiento Loriega Law Office
Website
https://sl-lawoffice.com
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
11–50 employees
Short description
Sarmiento Loriega Law Office is a full-service Philippine law firm founded in 2020, advising multinational corporations, PE sponsors, financial institutions, and family conglomerates on M&A, regulatory, energy, infrastructure, and dispute matters across 35+ practice areas.
Ownership category
akta.pro rank

Sarmiento Loriega Law Office industry classification

Industry
Product category
Legal Services
NAICS
Offices of Lawyers (541110)
SIC
Services-Legal Services (8111)
akta.pro primary industry
Corporate & Commercial Law (BPAHAAAA)
akta.pro secondary industries
Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI), Family & Private Client (Trusts & Estates) Law (BPAHAAAK)

Keywords

  • Corporate legal services
  • Mergers and acquisitions
  • Antitrust and competition law
  • Renewable energy law
  • Litigation and dispute resolution

Where Sarmiento Loriega Law Office is headquartered

Location

Headquarters

HQ city
Pasig
HQ country
Philippines
HQ region
Asia

Offices1 record

Markets served

Sarmiento Loriega Law Office business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Legal Services: Full-service law firm providing comprehensive legal services across multiple practice areas including M&A, taxation, energy law, banking and finance, securities, competition law, mining and natural resources, ESG, real estate, litigation, intellectual property, data privacy, fintech, and more. Services are provided to multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Sarmiento Loriega Law Office product offering

Product offering

Core offering

Sarmiento Loriega Law Office is a full-service Philippine law firm providing comprehensive legal counsel across more than 35 practice areas, including mergers and acquisitions, taxation, energy and power utilities, banking and finance, securities and capital markets, antitrust and competition law, EPC and infrastructure, mining, ESG, real estate, intellectual property, data privacy, fintech, and litigation. The firm advises multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies on significant transactions, regulatory matters, and disputes in the Philippines.

Product overview

Sarmiento Loriega Law Office is a full-service Philippine law firm founded in 2020, providing comprehensive legal services across diverse practice areas. The firm offers a broad portfolio of legal service lines including corporate transactional work (Mergers & Acquisitions, Private Equity & Venture Capital, Project Finance), regulatory and compliance practices (Banking and Finance Law, Securities & Capital Markets, Antitrust and Competition Law), specialized sector practices (Energy & Power Utilities, Mining and Natural Resources, Renewable Energy and Energy Transition, Gaming, Gambling & Integrated Resorts), and litigation and dispute resolution services. The firm also provides emerging technology and digital economy legal advisory through its Intellectual Property, Technology & Innovation, Data Privacy, Cybersecurity & Digital Governance, Fintech, Digital Commerce and Internet Law Practice, and Artificial Intelligence practices. As a law firm, there is no product platform architecture—the offering consists entirely of professional legal services delivered by attorneys with formidable academic credentials and nearly three decades of seasoned law practice.

Differentiator

Problem solved

Functional benefit

Products and services

  • Mergers & Acquisitions
  • Taxation Law
  • Energy & Power Utilities Practice
  • Corporate and Commercial Law
  • Banking and Finance Law
  • Securities & Capital Markets
  • Antitrust and Competition Law
  • Engineering Procurement and Construction (EPC) and Infrastructure Projects
  • Mining and Natural Resources Practice
  • Environmental, Social and Governance (ESG) Practice
  • Social License and Stakeholder Engagement
  • Real Estate, Land Use and Property Development
  • Insurance, Reinsurance & Risk Management
  • Litigation, Arbitration and Alternative Dispute Resolution
  • Labor, Employment and Human Capital
  • Intellectual Property, Technology & Innovation
  • Data Privacy, Cybersecurity & Digital Governance
  • Fintech, Digital Commerce and Internet Law Practice
  • Anti-Money Laundering & Financial Crime Practice
  • Artificial Intelligence
  • Public-Private Partnerships (PPP), Public Procurement & Government Contracts
  • Financial Restructuring, Rehabilitation & Insolvency
  • Corporate Restructuring & Reorganization
  • Immigration, Global Mobility & Citizenship
  • Regulatory, Public Policy & Government Affairs
  • Foreign Investment & Market Entry
  • Public Law, Constitutional & Administrative Litigation
  • Transport, Infrastructure & Public Utilities
  • Gaming, Gambling & Integrated Resorts
  • Private Equity & Venture Capital
  • Renewable Energy and Energy Transition
  • Project Development and Project Finance
  • Matrimonial, Family & Civil Law
  • Election Law & Political Governance
  • Power Disputes, Regulatory Enforcement & Energy Arbitration
  • Environmental Law Advisory, Climate Change & Environmental Enforcement

Quantifiable outcome

  • One of the Philippines' leading M&A transactional practices
  • +3 more outcomes

Companies that use Sarmiento Loriega Law Office

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Sarmiento Loriega Law Office technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Sarmiento Loriega Law Office partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Sarmiento Loriega Law Office competitors and assessment

Company assessment

Direct peers

  • Reyes Tacandong & Co. Philippine full-service law firm with comparable corporate, securities, banking, and commercial practice areas serving enterprise clients.
  • DivinaLaw (Divina & Pelayo): Full-service Philippine firm positioned as a modern challenger with strong M&A, energy, and corporate practice that targets similar enterprise and PE clients as SL Law.
  • SyCip Salazar Hernandez & Gatmaitan: Largest full-service Philippine law firm and the firm where SL Law's founding partners previously trained. Direct competitor for M&A, energy, securities, and corporate mandates serving multinationals, PE, and Filipino conglomerates.
  • Cruz Marcelo & Tenefrancia: Full-service Philippine firm with strong corporate, M&A, securities, banking, and tax capabilities, frequently engaged by listed PH companies and multinationals on transformative deals.
  • ACCRALAW (Angara Abello Concepcion Regala & Cruz): One of the largest Philippine law firms with deep corporate, M&A, tax, and litigation capacity; competes for the same enterprise mandates and high-value transactional work as SL Law.
  • Villaraza & Angangco (V&A Law): Full-service Philippine firm with highly regarded corporate, M&A, energy, real estate, and tax practices, frequently cited as one of the country's leading transactional firms and a direct competitor for complex deals.
  • Quisumbing Torres (Baker McKenzie Philippines affiliate): Top-tier Philippine Magic Circle firm and Baker McKenzie affiliate, with major M&A, competition, energy, and cross-border transactional practices that overlap directly with SL Law's key specialties.
  • Romulo Mabanta Buenaventura Sayoc & De Los Angeles: Established full-service Philippine law firm with comparable corporate, M&A, securities, and dispute resolution practices serving PH conglomerates, multinationals, and financial institutions.

Broad incumbents

  • Baker McKenzie (global): Global law firm with a long-standing Manila presence through Quisumbing Torres. Competes for the same cross-border M&A, energy, and PE mandates that target the Philippine market.

Regional players

  • Allen & Gledhill (Singapore): Leading Singapore-based full-service firm with growing Southeast Asia focus; competes for cross-border M&A and energy/finance mandates in PH and across the region, often partnering with local firms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Sarmiento Loriega Law Office social profiles

Digital presence

Sarmiento Loriega Law Office financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sarmiento Loriega Law Office leadership team

Management profile

Number of profiles

Profiles2 records

Sarmiento Loriega Law Office funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sarmiento Loriega Law Office M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sarmiento Loriega Law Office

What does Sarmiento Loriega Law Office do?

Sarmiento Loriega Law Office is a full-service Philippine law firm providing comprehensive legal counsel across more than 35 practice areas, including mergers and acquisitions, taxation, energy and power utilities, banking and finance, securities and capital markets, antitrust and competition law, EPC and infrastructure, mining, ESG, real estate, intellectual property, data privacy, fintech, and litigation. The firm advises multinational corporations, private equity sponsors, sovereign wealth funds, financial institutions, strategic investors, family conglomerates, and emerging growth companies on significant transactions, regulatory matters, and disputes in the Philippines.

Is Sarmiento Loriega Law Office a public or private company?

Sarmiento Loriega Law Office is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Sarmiento Loriega Law Office founded?

Sarmiento Loriega Law Office was founded in 2020. It employs 11 to 50 people.

Where is Sarmiento Loriega Law Office based?

Sarmiento Loriega Law Office is headquartered in Pasig, Philippines, in the Asia region.

How does Sarmiento Loriega Law Office make money?

One revenue line is on record: legal Services.

Who are Sarmiento Loriega Law Office's main competitors?

Direct peers on record are Reyes Tacandong & Co., DivinaLaw (Divina & Pelayo), SyCip Salazar Hernandez & Gatmaitan, Cruz Marcelo & Tenefrancia, ACCRALAW (Angara Abello Concepcion Regala & Cruz), Villaraza & Angangco (V&A Law), Quisumbing Torres (Baker McKenzie Philippines affiliate) and Romulo Mabanta Buenaventura Sayoc & De Los Angeles. Baker McKenzie (global) is listed as a broad incumbent. Allen & Gledhill (Singapore) is listed as a regional player.

Does Sarmiento Loriega Law Office have an API?

No public API is recorded for Sarmiento Loriega Law Office.

What industry is Sarmiento Loriega Law Office in?

Sarmiento Loriega Law Office's product category is Legal Services. Its primary akta.pro industry code is BPAHAAAA, Corporate & Commercial Law, with a secondary code of BPAHAAAI, Mergers & Acquisitions (M&A) & Securities Law. Its NAICS code is 541110 and its SIC code is 8111.

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