News

Petrobras sells 34 onshore fields

Petrobras sells 34 onshore fields

24 May 2019

Petrobras has retained Machado Meyer Advogados for the sale of 34 onshore oil fields for a combined value of US$384 million.

Exposing the gap

Exposing the gap

23 May 2019

For the past two years, many UK law firms have been compelled to publicly disclose the difference between what they pay male and female lawyers. Gender pay gap reporting can be a blunt instrument, but acknowledging a problem is the first step to solving it. We consider the implications for Latin America’s legal market.

Why fewer women than men become partners

Why fewer women than men become partners

23 May 2019

Partners sit at the top of the law firm pyramid structure and they have the biggest pay packets. The fact that women are in the minority in most law firm partnerships in Latin America – and indeed the world – is the main reason behind the gender wage gap in the legal profession. Here, we list four common explanations put forward to explain why more women don’t rise through the ranks to become partners.

M&A report Spanish-speaking LatAm: January-February 2019

M&A report Spanish-speaking LatAm: January-February 2019

23 May 2019

Peru was the busiest country for M&A transactions in Spanish-speaking Latin America during January and February, with more deals taking place there than in Mexico and Argentina combined, according to Latin Lawyer’s research.

Azevedo Sette makes three partners after major hire

Azevedo Sette makes three partners after major hire

22 May 2019

In the same month that it announced the arrival of prominent compliance partner Isabel Franco, Azevedo Sette Advogados has promoted three of its lawyers to partner, boosting its labour, litigation and private wealth departments.

Warburg Pincus acquires stake in Brazilian telecoms

22 May 2019

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped US private equity company Warburg Pincus acquire an indirect stake in São Paulo telecoms company Americanet.

Survey highlights scant change to women partner numbers

Survey highlights scant change to women partner numbers

21 May 2019

The average percentage of partner positions at Latin Lawyer 250 firms held by women is now 23%, barely more than the number we reported when we began tracking partner diversity back in 2013.

Bradesco acquires BAC Florida in landmark international acquisition

21 May 2019

Shearman & Sterling LLP’s offices in New York, São Paulo and Menlo Park have helped Brazilian bank Bradesco acquire US private wealth bank BAC Florida for US$500 million in what is reportedly Bradesco’s first international purchase.

Telefónica Brasil settles FCPA charges after “compliance breakdown”

21 May 2019

Telefónica Brasil has agreed to pay a US$4.1 million penalty to settle charges brought by the US Securities and Exchange Commission (SEC) that the company gave soccer tickets to government officials. The officials it gave gifts to had the power to help steer business to Telefónica, the SEC said.

M&A report Brazil: January-February 2019

20 May 2019

Eighteen international law firms and 39 Brazilian outfits have helped steer 56 M&A deals that were announced, signed or closed in January and February, according to Latin Lawyer’s latest research.