Who’s Who Legal: Brazil 2012 recognises 506 lawyers, an increase of 13 inclusions from our 2011 edition, and encompasses 31 practice areas, including asset recovery for the first time. Brazil is experiencing an impressive period of economic expansion and development: foreign direct investment and stable government administration has fuelled an expectation of $10 billion in foreign input by the end of this year – up from $6.6 billion in 2011. Industries benefiting from the financial injection include natural resources and infrastructure, resulting in more corporate ventures involving international entities and consequently more antitrust issues and disputes arising. As the biggest economy in Latin America, Brazil boasts the largest and most dynamic legal market in the region, and contributors expect this trend to continue for many years.
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The global economic downturn has hastened the development of Brazil as a source for potentially large, international firms to flourish, as US and UK firms recognise the country’s importance in the future of the global legal market place and continue to enjoy tie-ups and formal accords with local firms.