(L-to-R) Jonathan Kellner and David Flechner of Paul Hastings / Courtesy photo Paul Hastings' Brazil Business Booms 1 Year After Poaching Shearman Team
The corporate team's arrival came in the lead-up to the best year on record for Brazil's initial public offerings since 2007.
December 09, 2020 at 08:29 PM
5 minute read
Last year, as business prospects ramped up in Brazil, Latin America's biggest economy, Paul Hastings took a hard look at its practice there.
The AmLaw 100 firm lacked critical mass to be truly competitive in the market, having lost two of the three Brazil-based lawyers that debuted its South American outpost in 2016. So Paul Hastings approached Jonathan Kellner, head of Shearman & Sterling's São Paulo office and a longtime resident of Brazil, with an offer to switch alliances.
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