Brazil has a well-defined legal structure, which explains why law is among the most lucrative careers. The country is home to over 700,000 legal practitioners. Of these, over 200,000 are based in Sao Paulo. Typically, students study law for four years before they get admitted to the bar. In addition, they must excel in the bar entry examination that is often administered by the Brazilian Bar Association. The Brazilian law borrows heavily from Portuguese, German, Italian, and French civil law.
Brazil enacted the Federal Constitution on October 21st, 1988. This is the country’s supreme law. It stands out due to its rigid written form. Each state has its own constitution, which must adhere to the confines of the federal constitution. Despite being the supreme law of the land, the federal constitution has undergone various legislations and amendments in a bid to align it with the needs of the ever-changing world. Recently, the repatriation law was amended to introduce a currency exchange and tax disclosure and amnesty rule. This law seeks to motivate the voluntary revelation of tangible and intangible assets that are held by Brazilian citizens. Ricardo Tosto is one of the most successful lawyers in Brazil.
Ricardo Tosto in Brief
Mr. Tosto has enjoyed a highly successful 22-year career in the legal field. He holds a law degree from Universidade Presbiteriana Mackenzie, and a business administration degree from FAAP. This solid academic background has helped propel his impressive career to insurmountable success. Mr. Tosto has thrived in a legal field that is highly competitive. He has particularly carved a niche for himself in business litigation, mergers & acquisition, civil law, electoral law, and judicial recovery.
Owing to his prominence in the Brazilian legal sector, Mr. Tosto has served on the Brazilian Bar Association, and the International Bar Association. He heads Leite, Tosto e Barros Advogados, a legal practice that houses hundreds of lawyers. Under his leadership, the firm has been involved in billion-dollar litigations successfully.