Brazil′′s Lobo & de Rizzo Advogados has hired Korean-born corporate and M&A lawyer In Hee Cho as a partner in its São Paulo office.
Cho joined the office yesterday, a month after leaving Machado, Meyer, Sendacz e Opice Advogados, where she worked for 15 years, the last 10 as a partner.
"The Brazilian market still supports and demands new law firms, and the economic growth means there are plenty of opportunities for transactional lawyers," she says. "I felt it would be a good challenge to make a change."
Although she will be moving from a firm of some 340 lawyers to a firm less than a fifth of that size, Cho notes that she is no stranger to the workings of a smaller practice. "When I started at Machado Meyer in 1994, it was a small firm of about 35 lawyers - I stayed with it throughout its growth."
At Machado Meyer, Cho′′s recent deal work has included counselling Anglo American on its US$3.5 billion acquisition of IronX Mineração from Eike Batista′′s MMX, and Spanish security services provider Prosegur on its takeover of a Brazilian rival.
Cho is also a member of the International Association of Korean Lawyers (IAKL), and believes that country is likely to prove an increasing source of foreign investment in Brazil in the next couple of years.
"In the past I have tended to work with European and US companies in Brazil, but since joining the IAKL I have been contacted by a number of Korean companies interested in local law issues," she says.
Before joining Machado Meyer she worked in Ernst & Young′′s international tax group in São Paulo, and also served as a foreign associate in the project finance group of US firm Milbank, Tweed, Hadley & McCloy LLP in New York.
(Latin Lawyer 02.02.2010)
(Notícia na Íntegra)