Necessity is often considered the greatest driver of innovation. As a result of covid-19, the traditional service model for legal advice across all practice areas has had to evolve, pro bono included. Lawyers who work in this field are having to adapt to continue to provide access to justice for vulnerable people in today’s digitalised and distressed world.
Costa Rica’s BDS Asesores – a member firm of global labour boutique Littler Mendelson PC – has hired a partner to lead a new office in the northern province of Alajuela, where it intends to cater to a growing number of technology companies.
Brazilian private education provider Cruzeiro do Sul Educacional has hired US firm Milbank and Lefosse Advogados in São Paulo to launch an IPO on the B3 stock exchange for 1.2 billion reais (US$228 million).
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Over nearly three decades, Antonia Stolper – head of Shearman & Sterling LLP’s Latin America affinity group – has made a name for herself as a force of nature in the region’s capital markets space, as well as driving conversations about pro bono and gender diversity. We speak to the winner of Latin Lawyer’s Lifetime Achievement Award, as she steps back from Shearman’s partnership to become of counsel.
At the age of 69, as active as ever, Paulo Cezar Aragão remains among Brazil’s most influential and respected lawyers, a titan of the profession capable of making the difference at a high-stakes negotiation table like very few are.
The average hourly rate charged by Latin American law firms is falling. Data suggests this was the case even before the onset of the economic crisis induced by covid-19, particularly for associate rates. As firms consider creative means to serve challenged clients, prices are likely to reduce even further.
Two former in-house lawyers, who have previously held positions in the energy sector and regulatory agencies, have launched a boutique in São Paulo focusing on energy, infrastructure and public law.
With the prospect of a covid-19 vaccine on the horizon and renewed investment opportunities on the cards for 2021 and beyond, there may be a turn in the tide for Latin America’s oil and gas industry, predicted panellists at Latin Lawyer Interactive: Oil and Gas.
