Not even the most global law firms can be everywhere at once, so how do independent firms view the international market? How do they position themselves to compete and what is the key to finding a successful partnership with an overseas outfit? We invited five independent law firms from around the world to share their thoughts and experiences
Brazil: adapting to a new environment
Pedro Freitas, managing partner, Veirano
International law firm mergers are normal at a time of lower economic growth, with extra pressure on margins and costs. In addition, in the legal market there are new areas of practice in high demand, while the need for others has decreased. We see more regulations everywhere and more demand for compliance/investigations legal services, while capital markets, for example, still has room for recovery.
