Mundie e Advogados is best known for its market-leading telecoms department, in which lawyers’ knowledge of the sector is a true tour de force that sets it apart from its competitors. Its talent in this industry may be a showstopper, the group is well-complemented by capabilities in other departments. Mundie’s energy, tax, data protection and corporate and M&A offerings are all worth singling out.
In the last year, Mundie has seen changes to its partnership. One partner left to launch a new venture while Demarest Advogados poached a partner from the telecoms group at the start of 2022. The administrative, regulatory, competition and telecoms practice groups were also the target of a raid by Veirano Advogados at the beginning of 2023. It remains to be seen how the firm will respond to these departures and how strongly the losses will be felt.
Industry-led telecoms and data expertise trickle down to five key areas of the firm: corporate, labour, tax, competition and litigation. This structure allows the firm to steer relevant transactions affecting the key sectors in which it specialises.
The covid-19 global pandemic brought a greater demand for efficient telecoms and fast broadband. The telecoms industry is fast evolving and Mundie has been there to keep up with the changes. It featured in Brazil’s largest-ever public auction of telecoms assets, which raised some 47.2 billion reais (US$8.5 billion). The firm advised TIM Brasil on the bid. The operation won the Latin Lawyer’s Deal of the Year Award in 2021, in the regulatory category.
Changes to Brazil’s open banking system have also drummed up work for the firm as new regulations inevitably bring telecoms and data work into the fold, as it will allow millions of people to manage their finances across streamlined systems using mobile banking. Mundie has already been visible advising on related matters, helping fintech Guiabolso win a US$4.2 billion settlement against Banco Bradesco. The hearing found that the Brazilian bank had unfairly prevented the fintech's customers from accessing their accounts and managing their finances on Guiabolso’s finance management platform.
Mundie moved to new office space last year, which the firm says fosters innovation, collaboration and the wellbeing of its employees. Its lawyers are rewarded with a compensation scheme based on productivity, while the firm also funds the legal education of several of its practitioners. Lawyers at the firm are attentive and valued highly for the quality of their legal expertise, while one client remarks that the firm is always open to innovation and finding the best solution to legal challenges.
Offices
Mundie is based in São Paulo and has offices in Rio de Janeiro and Brasília.