Baker McKenzie LLP offices in Santiago and New York and Dentons Jiménez de Aréchaga in Montevideo have helped a consortium led by Spanish construction group Sacyr obtain a US$75 million mezzanine loan to fund a public-private partnership (PPP) railway project connecting Montevideo and Paso de los Toros.
Partner hires at law firms operating in Latin America fell by almost a third in the second quarter of 2020 compared to the same period in the previous year, as firms rein in expansion amid the covid-19 pandemic.
Lawyers don’t tend to leave a career in private practice to go in-house for the money, instead they’re often after better equilibrium between their professional and personal lives. Nowadays, law firms are competing better with companies on the work–life balance they offer their associates, but how successful are their efforts?
Generation Y is often thought of as a tough nut for employers to crack, so it’s positive news for law firm managing partners that a good number of today’s associates have long-term ambitions at the firms they are in. But with so many lawyers having their heart set on becoming partner and only a certain number of spots available, how can firms maintain satisfaction levels among lawyers, whether they’re on the partnership track or not?
With economies at a standstill, companies fighting for survival and vulnerable local communities in need of pro bono counsel, the work of law firms has taken a drastic turn in recent weeks. Latin Lawyer speaks to law firm partners to learn about what measures they have taken to manage the crisis in the two months since the first covid-19 case was detected in the region.
The ramifications of Operation Car Wash in Latin America have made successor liability one of the key aspects to consider when buying or selling in the region, making intensive due diligence top on the to-do list for M&A deals, heard delegates at Latin Lawyer’s ninth annual M&A conference in São Paulo last week.