Local lawyers are predicting a time of considerable change for Mexico - the M in the MINT group which is now tipped to follow on from the BRIC states. President President Enrique Pena Nieto’s 'Pact for Mexico' is seen as putting in motion 'seismic legal and economic changes', acording to two specialist legal recruiters in the firm of Major, Lindsey & Africa.
Strategic mergers
The two recruiters - Joshua Dull and Jeffrey Liebster - speak of an 'avalanche' of opportunities which international businesses are now taking advantage of. The Mexican law firms are approaching the opportunities by three main routes, say the writers - building out from a boutique firm, merging with other Mexican practices and merging into the global practices.
Haynes and Boone
International firms which have followed the Hogan Lovells example, in its tie-up with the 80-lawyer BSTL, by setting up various arrangements in Mexico include DLA Piper, Greenberg Traurig, Jones Day, Holland & Knight and Haynes and Boone. Source: Bloomberg
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