Chile’s trademark law has been in force since 2005 and is consistent with international standards. Judges in the market are developing an increasingly sophisticated understanding of intellectual property and the country has an efficient trademark office with modern filing systems. Developments on the horizon include debate on the adoption of the Trademark Law Treaty. Counterfeiting remains a big problem in Chile, as across the rest of Latin America. However, government authorities and legal counsel have better tools to deal with this issue today than in the past and the system is working well, to the detriment of counterfeiters. The country’s legal market is mature and largely comprises domestic full-service and boutique firms.