Tabs navigation
Starting a law firm in Latin America: challenges and opportunities
Modern Lawyer
Vol. 1 - Iss. 1 pp. 53–57
Apr 2017
Following the significant growth experienced by many of its major economies, Latin America has become a region of increasing interest for starting a law firm, and I believe that is still true even though that growth has started to slow in recent times. Globalisation and regionalisation has brought more competition and opportunities, both from outside and inside the region. In this context, many lawyers (either individually or in groups) within the region have considered leaving their present firms to join other firms or in order to start a new firm. These moves are not unusual, considering the strong individual character of the legal profession. However, this traditional mobility in the legal profession has increased in the more competitive global market. A growing market always brings more opportunities for those with entreprenurial inclinations. But it would be naive to underestimate the challenges of such a move, so considering those challenges is a necessary step both for those who wish to consider a move as well as for heads of law firms thinking about recruitment to their firms.