Perhaps no other image best captures the desperation of Latin America’s poorest and most vulnerable migrants than that of La bestia, a freight train route commonly used by Central American migrants to reach the US. On their journeys to new lives, people on the move in Latin America face legal uncertainty, vulnerability and alienation. This has necessitated an unprecedented need for pro bono counsel from lawyers, finds Latin Lawyer.
Arnold & Porter in Washington, DC and New York and Consortium Legal (El Salvador) have helped El Salvador issue sovereign bonds worth US$1.1 billion, receiving the country’s lowest interest rate ever for a long-term issuance.
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.
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.
The Big Four, the commoditisation of legal services and encroaching global firms are threats keeping managing partners from Mexico City to Rio de Janeiro up at night. At a roundtable in San José, partners told Tom Muskett-Ford why firms in Central America, the most integrated market in Latin America, can face off some of those threats with a new wave of consolidation, which could see them expand beyond Central America’s borders to stay ahead of the competition.
Leading law firms in Latin America and the US have had some success in increasing diversity among their rank and file, but a lack of leadership from an overwhelmingly white, male partnership in most firms is still preventing many women and lawyers from different ethic and socio-economic backgrounds from reaching the top positions, according to delegates at a diversity and inclusion conference at the New York City Bar Association earlier this week.
Latin Lawyer - GAR Live 4th Annual Arbitration Summit - committed to gender diversity
Thu, 30th Apr 2020