Firm Profile

Souto Correa Advogados

Brazil

Ambitious corporate newcomer

LL 250 Highly Recommended

Established: 2013

Partners: 29

Lawyers: 162

Work areas

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

Souto Correa Advogados combines technical acumen with a business-oriented approach to sophisticated matters. Since its launch almost a decade ago, the firm’s full-service offering has muscled its way into the competitive market at remarkable speed. Its youthful outlook is combined with a multidisciplinary approach, integrating knowledge from several departments to create innovative legal solutions. Its client list is populated with some important and highly esteemed names that allude to the level of prowess on display here.

Souto Correa’s transactional group is prolific and regularly advises on high-value and complex mergers and acquisitions, shareholder transactions and joint ventures in the real estate, energy and healthcare industries, among others. Its tax and labour groups do consistently well too.

The firm started 2022 with Guilherme Rizzo Amaral elected to replace Carlos Souto as managing partner. Amaral will serve in the position for three years and has outlined that equality will be a focus for him during his time at the firm’s helm. The appointment came after Souto Correa added additional power to its impressive corporate and M&A team by hiring a partner from Lefosse, quite a coup for a firm of this size. Growth clearly lies at the heart of Souto Correa’s plans. It recently launched a life sciences group, simultaneously hiring a partner from a local intellectual property boutique to head up the new practice area. Halfway through 2022, the firm carved out a practice area specialised in union relations and collective bargaining from its already impressive labour offering. This move responds to clients’ demand for services focused on union relations, the firm reports.

Souto Correa’s management takes an active role in engaging with lawyers to understand the culture they would most benefit from and the firm has now upped the initiatives of its diversity committee. The firm has recognised the growing trend of companies adopting environmental, social and governance (ESG) targets and recently reinforced its environmental and sustainability offering by hiring two from Felsberg Advogados.

Meanwhile, the firm’s healthy list of clients in the transmission and energy sector ensures that it is likely to capture a lot of renewables, project investment and work in that sector with ease.

Clients regularly sing the praises of this high-quality offering. “Souto Correa is a highly qualified firm,” praises one client, while another highlights the lawyers’ responsiveness and experience in the local legal market as a major draw.

Alliances & networks

The firm is part of legal networks Global Restructuring and Insolvency Professionals and the Law Firm Alliance (LFA).

Offices

Souto Correa has offices in Brasília, Rio de Janeiro, Porto Alegre and São Paulo.

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