Brazil has a population of more than 200 million, with approximately 800,000 lawyers to serve their legal needs. With the country’s economic crisis, lawyers that have expertise in debt and credit restructuring are in high demand as cash-strapped companies attempt to to stay afloat. The Petrobras investigation, new legal concepts and sweeping new anti-corruption laws are also generating a frenzy of work for law firms specialize in compliance.
To become a lawyer in Brazil, a person must pass the Vestibular examination to gain admission to a university. It takes about five years to earn a Bachelor of Laws degree, then the individual must also pass the OAB Examination administered by the Brazilian Bar Association.
Ricardo Tosto Carvalho de Oliveira of Leite, Tosto e Barros Advogados specializes in restructuring, bankruptcy, election law, banking contracts, commercial and civil law. After obtaining his law degree from Mackenzie University, Mr. Tostos studied business administration in order to offer more value to commercial clients involved in complex litigation. His expertise is recognized by Who’s Who Legal, which recognized Tosto as one of the foremost commercial litigation legal practitioners in Brazil.
In addition to his work as a founding partner of Leite, Tosto e Barros, overseeing the firm’s most significant cases and mentoring young lawyers, Mr. Tosto is a member of the Brazilian Institute for Political Party and Election Law Studies, the International Bar Association and the Study Center for Attorney Partnerships. Mr. Tostos also co-authored “O Processo de Tiradentes” a book about about the Minas Conspiracy of 1789.