Strategies For Law Firms Leaping Into Latin America

Law360, New York ( November 3, 2015, 12:38 PM EST) -- Despite economic slowdowns in certain parts of Latin America, the region's changing political and social climate is attracting U.S. law firms looking to be better positioned to do business where their multinational clients operate. Holland & Knight LLP, Greenberg Traurig LLP, White & Case LLP, Baker & McKenzie, DLA Piper, Norton Rose Fulbright and Mayer Brown LLP are among the firms with multiple offices in Latin America. As Latin America has stabilized, particularly in Mexico and Colombia, international law firms have opened in major commercial centers amid structural reforms.   Latin America is still considered an emerging market. Even though Brazil has a large economy, it has experienced a slowdown in its GDP. However, forecasts indicate other parts of Latin America are poised for opportunity and growth. For example, a World Bank forecast projects the Mexican economy will accelerate with GDP growth strengthening from 2.9 percent in 2015 to 3.5 percent in 2017....

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