A little more than a year has passed since the populist Mexican President Andrés Manuel López Obrador—frequently referred to as AMLO—was elected in a landslide victory. Since then, fears of political risk and U.S. threats to restrict and hamper trade have persisted, inhibiting investment and clouding the outlook for economic growth in Mexico.

For lawyers, this has meant a slowdown in some profitable work, such as deal activity, but an increase in advisory work as Mexicans look to sell assets at home and abroad.