Globalization is unifying the industries of the world, but Brazil remains resistant and continues to keep up barriers to foreign interests in the legal field. The legal field in Brazil wants to make sure that all lawyers in Brazil with full power remain purely Brazilian citizens. The reason is unknown really. Many great lawyers like Ricardo Tosto have practiced law inside Brazil, outside of Brazil and worked with many different lawyers from other nations. Ricardo Tosto is actually the perfect example of being the antithesis to the beliefs of the various law firms and organizations in Brazil trying to place barrier after barrier to foreign legal interests.
Ricardo Tosto is one of the greatest lawyers in Brazil presently, and he may very well go down in Brazilian legal history as one of the greatest ever. Mr. Tosto has developed legal techniques that have ended up becoming case law, and they are now taught in Brazilian universities to up and coming law students. It is safe to say that his working relationship with any lawyer is going to either be very good or very professional. While Brazil struggles against the idea of international lawyers, Ricardo Tosta has embraced his foreign legal relationships, and he is also a member of the International Bar Association. Another foreign relationship to note, and also a prestigious position, Ricardo Tosto is a member of the Steering Committee of the Institute for Management Development for Lausanne in Switzerland which is the home of the Olympic Committee. Ricardo’s past and current endeavors deem it necessary for him to work together and embrace the globalization of the legal field.
Presently, Ricardo Tosto is busy with the firm that he helped found called Leite, Tosto e Barros Advogados. Mr. Tosto, in present day, still practices law and he does so because he loves his firm. Mr. Tosto grew up fairly poor and came from a small office, and then he worked his way up from a tiny office with a single secretary to co-founding one of the largest and most successful firms in the entire country of Brazil. Mr. Tosto still practices law, and he practices law specifically in the fields of Banking Contracts, Reorganization, Business Restructuring, Credit Recovery, Bankruptcy, Election Law, Acquisition Review, Civil and Commercial, Power Concessions and he still works on all of these things in relation to domestic corporations, banks and governments, and he also still works constantly with multinational corporations and foreign lawyers.
Mr. Tosto’s opinion, especially since he practices Power Concessions, would be worth listening too on this whole mess of legal nationalism. Brazil is thriving and growing faster than most countries. It will have to learn to model itself after a great lawyer like Ricardo Tosta to stay big.