Linklaters has ended its Brazil cooperation agreement with Lefosse Advogados as a number of law firms rethink their local operations amid faltering hopes for market liberalisation. The firm called time on the agreement in October after the Brazilian Bar unanimously voted to uphold the rules for foreign firms in Brazil, which allow firms to offer international legal advice but stipulate strict demarcation between foreign and local practices.
December 06, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Linklaters has ended its Brazil cooperation agreement with Lefosse Advogados as a number of law firms rethink their local operations amid faltering hopes for market liberalisation.
The firm called time on the agreement in October after the Brazilian Bar unanimously voted to uphold the rules for foreign firms in Brazil, which allow firms to offer international legal advice but stipulate strict demarcation between foreign and local practices.
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