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U.S. Firms Expand into Latin America at a Record Pace
Recent data released by The National Law Journal, an ALM sibling publication of this newsletter, reveals that Latin America is the fastest-growing emerging market for Am Law 200 firms. The reason for U.S. firms' growing interest in the region is clear: Many Latin American economies boast above-average GDP growth and strong economic ties to the U.S. and Europe. Additionally, U.S. firms appear to be gaining traction in the region, with signs that they are taking market share from domestic firms.
ALM Intelligence's data shows that these factors have created a sustained and growing push by Am Law firms into the region. The data also reveals the different strategies these firms are using to tap Latin American markets.
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