Law firms in Latin America are currently navigating a pivotal decision: whether to tie-up with international firms or break-up and maintain their independence. This strategic dilemma is driven by the region’s robust pipeline of inbound deals, which includes global investors looking to secure vital commodities and set up near-shoring capacities.
Being independent allows local law firms the flexibility to conduct business with whom they want, whenever they want. However, this autonomy comes at the cost of losing some of the institutional support that can be enjoyed by allying with a global firm. For further insights, read more on Law.com.