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While Am Law 200 firms have more than 60 offices and 1,500 lawyers spread across Latin America, the region’s legal markets are still largely dominated by local players. ALM Intelligence’s Latin American 50 Report shows that independent domestic firms hold more than two-thirds of market share, measured by headcount, in every Latin American legal market. In all but two exceptions – Mexico and Venezuela – local firms hold more than 85% market share.

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