The new royalty tax applicable from 1 January 2014 is reportedly adding a significant tax burden on mining companies operating in Mexico, and there are fears this could result in the jurisdiction becoming one of the most expensive for mining. In addition, the recent toxic spill at a copper mine operated by Grupo Mexico has been seen as the country’s worst modern mining disaster, leading to calls for stricter environmental regulations. With all this in mind, lawyers are expecting an increase in advisory services as clients adjust to the new mining landscape. We select 11 specialists to feature in this chapter.
With investor confidence on the rise, M&A activity is expected to continue to increase in Mexico, particularly in the energy sector. In this key legal sector, we identify 46 outstanding individuals.
Labour law in Mexico is protectionist, favouring the employee’s interests. It is therefore of the utmost importance that domestic and foreign companies seek expert advice in order to ensure they comply with the law. In light of recent reforms to the labour in December 2012, many clients are concerned with profit sharing and this has created an active source of work for lawyers in the field. We list 22 professionals in this chapter.
The majority of complex cases continue to be litigated in Mexico City, home to some of the most knowledgeable and experienced judges in the country. Litigators noted a general trend towards shorter case times as the authorities take efforts to streamline processes and move from written to oral proceedings. In this active sector we identify 23 outstanding individuals.
Competition in the Mexican pharmaceutical sector has intensified with the entrance of smaller manufacturers in the generic sector, following regulatory amendments in 2008 that opened the market. The regulatory landscape continues to be dynamic and lawyers are highly sought-after to assist with compliance. Seven lawyers in Mexico stand out in our research.
Mexico has a vibrant patent and trademark legal market which is currently undergoing some change. Miguel Angel Margain, the new director of the Mexican Institute of Industrial Property, has set forth plans to facilitate the proceedings for IP enforcement, promote the development of Mexican patents and impose stronger sanctions. In this chapter, 32 lawyers are recommended.
Continued steady growth in the Mexican insurance market has seen it maintain its place as the second largest in Latin America. With an 8.3 per cent increase in 2013, practitioners are reporting a strong flow of work and are optimistic for the coming year. We showcase five “spectacular” individuals.
Insolvency specialists have seen a stream of advisory work throughout 2014 in relation to amendments to domestic regulations which aim to increase the availability of cheap credit to small and medium-sized businesses. As the government continues to explore ways of protecting the economy and big businesses considered “too big to fail”, we highlight 12 lawyers across 11 firms who stand out for their “comprehensive expertise” in the sector.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.