M&ABoom in Brazil: Time for UK Law Firms to Reconsider their International Strategies

Latin America's M&A market barely grew in 2007, but exploded in Brazil, which is now the top deal market in the region. Law firms in the UK are always very keen to open offices in exotic places like Dubai and Singapore but have yet failed to fully grasp the potential of the Brazilian market. This note therefore calls for UK law firm's greater involvement in Latin America (particularly Brazil) not through special representatives or strategic alliances, but by setting up a firm's own office in the country.