Patricia Gotuzzo Barco – GC Powerlist
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Peru 2022

Industrials and real estate

Patricia Gotuzzo Barco

General legal counsel | WeWork Perú

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Peru 2022

legal500.com/gc-powerlist/

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Patricia Gotuzzo Barco

General legal counsel | WeWork Perú

What are the most significant cases or transactions that your legal team has recently been involved in?

Undertaking negotiations for the company’s financial strategy of its portfolio optimisation, I successfully represented the company for its termination and negotiation matters for the commercial deal of approximately $136m. While drafting terms of termination in asset operation contacts for WeWork, I managed to have favourable negotiations for WeWork in terms of financial value as well as Miscellaneous clauses.

How do you feel the pandemic has changed the world of work for in-house counsel and the function of the general counsel?

The pandemic gave in-house counsel the opportunity to shine through as business partners for their internal clients. We provided the necessary advice for business development within the legal framework. Hybrid working allowed me to be more productive on my term with my internal clients. It allowed me to spend less time with more efficiency.

What are some of the key developments – legal, geopolitical or otherwise – that have affected your business over the past year?

Undoubtedly, flexibility which is part of WeWork’s DNA has also allowed us to evolve and create new products for the convenience of the members of our community.

Looking forward, what technological advancements do you feel will impact the role of in-house legal teams in the future the most?

The technologies that currently used at WeWork allowed the legal team to liaise with other functions more efficiently. Legal documents which previously were required to be approved by the legal department have been automated over the past few years, and this helped in-house lawyers to be more actively involved in strategic matters of the company.

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