World Cup boosts Brazil’s legal market, says Laurence Simons
Thu, 5 Jun 2014
The football World Cup, which begins in Brazil next week (11 June), has contributed to a burgeoning and thriving legal market, according to international legal recruiter Laurence Simons.
Based on its research, Laurence Simons says the legal market is expanding fast, with seven of the 20 largest UK law firms now having offices in Brazil, compared to just three before 2007, when Brazil won the bid.
Ricardo Chazin, head of private practice for LATAM (Latin America) at Laurence Simons Sao Paulo, says the World Cup bid brought with it “a proliferation of projects requiring legal expertise, ranging from infrastructure and construction to contract negotiations”.
Per capita, Brazil has the second largest ratio of lawyers in the world, after the US, with 848,000 members of the Order of Attorneys of Brazil. This compares to 158,000 solicitors on the Law Society roll in the UK. It equates to one lawyer for every 233 people in Brazil, compared to just one in every 400 in the UK.
Legal salaries in Brazil are 13 times GDP per capita, compared to 16 times in the UK.
Naveen Tuli, global managing director of Laurence Simons International, says: “Brazil offers great prospects for career progression.”
He adds that the subsequent tournaments secured by Russia in 2018 and Qatar in 2022 are likely to add to the legal migration around the globe.