Continuing our round-up of Latin America’s legal markets, as analysed by the 19th edition of Latin Lawyer 250, we turn to Panama.
Twelve firms have helped Salvadorean retailer Unicomer issue bonds worth US$350 million.
While 2016 marked the rise of populism in the US and Europe, in Latin America business-friendly administrations took the reins of several of the region’s countries. With this in mind, law firms stocked up departments in preparation for an expected uptick in transactional work. Latin Lawyer takes a look at the most significant of these developments.
The findings of our fifth joint pro bono survey provide plenty of reasons to feel positive. Pro bono appears to have turned a corner in Latin America thanks to an ever strengthening infrastructure and the greater willingness of more firms to take part. While the survey results might not show a significant uptick year on year, law firms are nevertheless making great strides in the implementation of policies needed to make pro bono more commonplace. Of course, there are challenges to overcome, such as engaging more partners in pro bono cases. However, the latest focus on high-impact cases could help achieve that, alongside producing a dramatic increase in the value of pro bono work. Rosie Cresswell reports
The Panama Papers have sped up government anti-tax evasion measures, dramatically reducing clients’ offshore options and shifting customer due diligence to the legal profession, heard delegates at the inaugural Latin Lawyer Tax Summit, held earlier this month in Miami.
These firms have professional notices in the Latin Lawyer 250