Firm Profile

Araújo e Policastro Advogados

Brazil

Dynamism tempered by tradition

LL 250 Highly Recommended

Established: 1962

Partners: 12

Lawyers: 45

Work areas

This firm is highly recommended for services in the following work areas.

Araújo e Policastro is preceded by its leading reputation for reliable and in-depth legal knowledge. It has successful corporate, litigation and tax disputes departments, while its project finance, administrative and labour groups have increasing visibility too.

In 2020, the Brazilian firm tapped into a wide stream of novel legal matters generated by the covid-19 pandemic. Several companies enlisted Araújo e Policastro’s advice in the restructuring of their businesses to preserve cash amid underlying market uncertainty during the global crisis. The group was busy helping companies renegotiate contracts and undergo mergers too, which had the added caveat of taking place over digital means. Meanwhile, the firm’s active tax practice took on a host of consultancy work as emergency measures and reduced tariffs to help tackle the financial pull of the pandemic. As Brazil’s tax reform continues to be debated in Congress, this department is likely to see an uptick in work over the next 12 months too. Its data protection, arbitration and litigation groups were also notably popular among clients last year. Araújo e Policastro is distinguished for a dedicated cartel team in its competition practice, which provides antitrust advice and facilitates recovery in cartel-related damages.

This firm proves popular with a string of relevant clients for its dependability and depth of knowledge. One customer that enlisted the firm remarked that “Araújo e Policastro has exceeded my expectations.” After the pandemic ushered in a new era of home-working, the firm’s lawyers were aptly equipped with innovative technology and cloud storage system to facilitate a seamless transition. The firm says that the move to remote working strengthened clients relations, facilitating closer interactions between customers and the multitude of departments across the firm that they called upon. Though Brazil’s economy, much like the other countries in this chapter, felt the financial strain of the pandemic, Araújo e Policastro has regulated its cash flow with countercyclical measures to preserve liquidity for periods of downturn.

The devaluation of the Brazilian reais in 2020 was paired with historically low interest rates as the country added the coronavirus crisis into the fold of pre-existing market stagnation. The unprecedented combination caught the eye of foreign investors, which looked towards lucrative opportunities from infrastructure projects in Brazil, keeping the firm’s project finance and M&A departments occupied.

Araújo e Policastro is far-sighted in its diversity policy and aims to eliminate any bias related to age, disability, sexuality, gender and various other factors within the firm by providing equal opportunities for advancement across the firm. The group stands out for having more female associates than men in the same role, while its partnership has four women and six men, which is closer to gender parity than many of its regional competitors have gotten.

As the pandemic drags into 2021, the firm is likely to continue to work on M&As related to distressed assets, corporate reorganisations as well as a slew of project finance and privatisation work within its administrative and infrastructure groups.

Alliances & networks

In 2020, the firm strengthened its global presence by joining Dentons NextLaw Network.

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