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President Calderon recently approved the extension of an executive order providing tax incentives to the Mexico-based assembly plants of foreign manufacturers in an effort to attract more investment to the country and boost the job market. Part of a broader strategy aimed at stimulating the national economy and allowing companies to develop projects more efficiently, the tax benefits will now extend to 2013. Lawyers specialising in corporate taxation matters in Mexico are playing a key role in the country’s ongoing economic development and reported an “extremely busy” year. The following 19 names are the leading players in this marketplace.
Mexico appears to be on track to elevate its renewable power capacity to 7.5 per cent (from 3.3 per cent) in 2012. With an abundance of natural resources, environmental law is a prominent feature in the Mexican legal market place. We profile the 11 leading lawyers in this practice area.
Franchising continues to play an increasingly important role in the Mexican legal market, with activity diversifying to encompass a range of industries from hospitality to health and beauty. Our research identifies six exceptional franchise lawyers.
Mexico has not been completely immune to the impact of the global financial crisis, in part due to its strong ties with the US. Consequently insolvency and restructuring lawyers have remained busy and our research identifies 11 of Mexico’s leading practitioners in this sector.
The increasing cultural awareness of the importance of protecting intellectual property rights in Mexico over the last 10 years has lead to an astonishing level of growth in the volume of work in this practice area for trademark, patent and litigation lawyers. In this chapter we recognise 28 leading individuals.
The local economic conditions have resulted in a varied diet for Mexican labour lawyers, with most firms seeing a mixture of M&A work and employment litigation. Moreover, with the unions’ party, the PRI, striving to win back power at the upcoming presidential elections, things look set to get even busier. We identify 20 exceptional lawyers.
Our research reveals a trend towards fragmentation among law firms in the Mexican corporate bar, with a high number of partners setting up their own practices As US companies expand their presence in the country through trade and investment, Mexico is forecasted to experience four per cent growth for 2011-2012. However, a general slowdown is expected by the end of this year, so lawyers expect restructurings to continue providing the bread and butter work. This year we feature 45 lawyers in the chapter.
The Mexican energy sector is developing rapidly, with Pemex recently launching a new private contracting regime for mature oil fields. The past year has also seen increased activity in the waste disposal, water treatment and renewable energy sectors. We identify 20 lawyers at the forefront of this exciting market.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.
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