After so much talk of the rise of Latin America since the 2008 banking crisis gripped Western economies, there is no doubt that 2012 felt like something of a disappointment.
The region’s powerhouse economy, Brazil, saw growth slow considerably, cooling the market that has by far the greatest regional pulling power for multinationals and international law firms. The result, in relative terms against a 2010 and 2011 dominated by record levels of inward investment and a string of big-ticket deals, was a low-key year for advisers.
Continue reading “Laterally Latin – a sideways year for a hot market”
The latest boom in transactional work from emerging economies is a welcome antidote to difficult home markets for international firms. LB looks at the differing approaches to growth and who the clients of the future might be
It is easy to understand how law firms get carried away by the opportunities that new, emerging markets present. In the past five years there has been a rush to set up offices in places that a generation ago would have held little attraction. The shift of transactional power has now fundamentally moved to emerging economies led by Brazil, Russia, India and China (the BRIC countries). Continue reading “Redrawing the map”
The downturn in Portugal’s economy means that overseas markets, including Africa and Brazil, have become an even more valuable source of work for the country’s law firms
Since Portuguese sailors began exploring the West Coast of Africa almost 600 years ago, the country has forged a reputation for venturing into new, overseas territories. Today, the countries of lusophone Africa and Brazil provide manifold investment opportunities for Portugal’s major corporates and their advisers.
Continue reading “Voyage of discovery: Portugal”