Felsberg Advogados celebrated its 50th anniversary in 2020 and had a busy year. Its class-leading and highly sophisticated insolvency practice meant the firm was well-positioned to take on the uptick of mandates from clients in distressed situations due to the economic slowdown linked to the covid-19 health emergency. The firm’s stellar labour practice group reaped benefits while there was growth in its litigation, M&A and data groups.
Such is the renown with which the insolvency department is held that its lawyers have become a regular fixture on some of the highest-profile and most complex multi-billion-dollar cases taking place in the country.
Felsberg had a bull run in 2019 with several additions to its ranks: former Brazilian ambassador to the US Sergio Amaral returned to the firm adding trade and corporate firepower as well as international links to Asia and elsewhere; two law boutiques were added bulking up the litigation and data protection practices and there was organic growth too. This laid down the groundwork for a busy 2020 in which Felsberg worked on several high-profile litigation and restructuring cases, including that of Livraria Cultura, one of Brazil’s most famous and well-loved bookstore chains. 2021 saw more aggressive aggresive and the firm boosted its project finance and litigation teams with lateral hires from rivals.
Felsberg is proud of its diverse ranks: it has a high percentage of young partners and a female partner majority and it works hard to increase diversity and inclusion initiatives. DiversiFeA, the firm’s equality, diversity and inclusion committee pushed for the firm to celebrate International Pride Day and Brazilian Black Consciousness Day.
Widely respected founding partner Thomas Felsberg is still a driving force inside the firm. The firm assures his continued leadership should be interpreted as a desire to drive through this period of renewal, rather than a tight grip on power. His partners refer to him as a visionary who is not prone to resting on his laurels. Moreover, management is shared, and other partners participate in a range of committees and contribute to strategic decisions.
Across all practice areas, the firm says it will continue its long-held policy of prioritising high-value work and exiting areas that become commoditised or where compensation dips below the firm’s profitability threshold. Such an approach, coupled with the firm’s unwavering focus on ensuring quality legal service, has clearly stood the test of time.
Reams of clients rushed forward to praise the firm. One client said “In addition to being a full-service office, the teams work in an integrated manner taking advantage of different specialities to deliver a complete solution. There is a collective sense of belonging which facilitates the delivery of better services.”
According to a study, ‘Who Represents Latin America's Biggest Companies’, published by the Latin American Corporate Counsel Association, which is affiliated to Latin Lawyer, Felsberg represents 18 of 100 of the biggest companies in the region. Among those in the list are BNDES, Caixa Econômica Federal, Sumitomo, Concremat CCCC - China Communications Construction Company and Toyota.
São Paulo is the base, alongside offices in Rio de Janeiro and Brasília.
Alliances & Networks
Felsberg is a member of the Meritas and Legalink networks.