Abstract: We have performed a combined study of magnetization hysteresis loops and time dependence of the magnetization in a broad temperature range for the ferrimagnetic La₂Ni(Ni_1/3Sb_2/3)O₆ double perovskite. This material has a ferrimagnetic order transition at ~100 K and at lower temperatures (~20 K) shows the signature of a frustrated state due to the presence of two competing magnetic exchange interactions. The temperature dependence of the coercive field shows an important upturn below the point where the frustrated state sets in. The use of hysteresis data, magnetization versus applied magnetic field, together with the magnetization versus time data provides a unique opportunity to distinguish between different scenarios for the low temperature regime. From our analysis, a strong domain wall pinning results in the best scenario for the low temperature regime. For temperatures larger than 20 K, the adequate scenario seems to correspond to a weak domain wall pinning.