There’s been a lot of talk about the Brazilian economy lately. Some economists say Brazil is heading for a major downturn while other economists say Brazil is just going through a minor glitch in growth. Whatever the scenario, one thing is certain. Lawyers in Brazil are experiencing a goldmine of new business thanks to the World Cup, the Olympics and the normal crime that is part of city life in most Brazilian cities.
Almost every city in Brazil is fertile ground for start-up law firms and spin-offs thanks to the newly created middle class and an abundance of wealthy Brazilians. Some lawyers say there are too many lawyers in Brazil. But when all the crime, business, accidents and other issues are taken into consideration, 800,000 lawyers may not be enough to handle the craziness of this amazing country. One of the primary reasons why new law firms are opening in cities around Brazil is the population growth. Some say there are 186 million people living in the country. Others say there are over 200 million people. Either way, that’s a lot of people with a lot of legal issues.
One lawyer, Ricardo Tosto, knows a lot about legal issues and the influx of new lawyers in Brazil. Ricardo Tosto, one of the partners of Leite, Tosto e Barros Advogados, is no stranger to the Brazil’s legal world. Tosto is an expert in Acquisition Review, Credit Recovery, Business Restructuring, Banking Contracts, Administrative Law, Bankruptcy, Election Law, and Civil and Commercial Power Concessions. Tosto is one of the best Commercial Litigation lawyers in Brazil. His legal practice is also recognized by Legal 500, a Brazilian legal publication.
Mr. Tosto is also a member of the Board of Directors of the Study Center for Lawyer Societies and the International Bar Association. He is also a member of the Steering Committee of the Institute for Management Development in Lausanne, Switzerland, and a founding member of the Brazilian Institute for Political Party and Election Law Studies. Tosto is a political and legal writer and lecturer. Tosto’s articles are published in several magazines and newspapers.