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Monday, December 17, 2007
Special Reports

Latin Law Business Boom

The growing number of disputes in Latin America is good business for U.S. law firms as is the IPO and M&A boom.
Arbitration cases against Latin American governments like the one led by President Cristina Fernandez (top) at the World Bank's Centre for Settlement of Investment Disputes (above) are helping boost revenues at U.S. law firms. (Photos: Argentine President's Office and The World Bank)

BY CHRONICLE STAFF

Helped by a growing number of IPO's and M&A and growing demand for international arbitration, U.S. law firms are boosting their Latin America-related business.

"There has been a huge increase in our Latin American business this year," says Paul Schnell, partner at Skadden, Arps, Slate, Meagher & Flom LLP.

Jones Day, another leading U.S. law firm, has been active in Latin America for decades but in the past few years its practice there has experienced a boom, says Luis Riesgo, head of the firm's Latin America practice.

"Our workload has grown steadily throughout the year," adds Alexis E. Rovzar, global leader of the Latin American practice at White & Case.

STRONG M&A BUSINESS

Skadden's business has been helped by the growing Latin American economies, growing domestic liquidity and cross-border investment. "The strongest growth has been on the corporate transactional side - IPO's...

Full story

Q&A with Skadden, Jones Day and White & Case

 

 

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