The chapter is aimed at assessing how the so-colled Big Law market has been formed in Brazil, its current features as well as possible challenges for the future. To understand the Brazilian market for Big Law, though, it is vital to consider the institutional and general market framework in which it is embedded. Thus, some assumptions shortly described below must be kept as background for the arguments discussed and/or further explained in the following sections. Some of these aspects are peculiar to Brazil, while others can be found also in different Latin American countries, as presented in the other chapters of this volume.
This book, part of the Stanford Law School research project on the future of the legal profession, thoroughly examines the future of “big law,” defined as the large and mid-size multiservice highly specialized law firms that provide sophisticated, complex and generally costly legal work to multinationals, large and mid-size domestic corporations, and other business clients. By systematically gathering, assessing, and analyzing the best available quantitative and qualitative data on the first tier of the corporate legal services market of Latin America and Spain, and interviewing a broadly representative sample of corporate legal officers, law firm partners, and other stakeholders in each of the countries covered, this book provides a nuanced perspective on changes in “big law” during the last two decades until the present. It also explores the factors that are driving these changes, and the implications for the future of legal profession, legal education and its relationship with the corporate sector and society in general.
- Latin America,
- Big Law market,
Mariana Conti-Craveiro & Manuel A. Gómez, Big Law in Brazil: Rise and Current Challenges, in BIG LAW IN LATIN AMERICA AND SPAIN 63, 81 (Palgrave-MacMillan, 2018) (ebook).