May 2016

Lifetime achievement award - Lateral hires - Paul Hastings LLP - Defamation laws - Mexican renewables

Jorge Carey, winner of Latin Lawyer’s 2016 lifetime achievement award, has had an illustrious career in which he has not only trailblazed the concept of institutionalisation in Chile’s legal market, but been on hand for some of the most important developments in the country’s recent history. In a frank interview with Latin Lawyer he talks about life in Chile’s largest law firm and his relationships with past and present world leaders.
Elsewhere in this issue, we weigh up the pros and cons of lateral hires as a way to achieve growth. More and more firms are doing it, but the success rate is surprisingly low. Law firm leaders talk about how to reduce the risk of failure.

We also profile the Latin American team at Paul Hastings LLP, who speak about their desire to replicate their success in Mexico in Brazil now they have opened up in São Paulo and added a project finance component to their offering.

From Mexico, we hear how the renewables sector is heating up since the energy reforms and learn about the potential of the FIBRA E, Mexico’s master limited partnership structure, for financing infrastructure projects. In Venezuela, there are fewer opportunities for development as the country’s economic crisis worsens. Jones Day restructuring lawyers consider the options for distressed companies in the absence of a viable local restructuring law.

Finally, law firms contributing to a report on the resurgence in the use of criminal defamation law to silence critical journalists across the Americas discuss how the use of tough penalties is damaging freedom of speech in the region.