What's Happening?
Skadden, Arps, Slate, Meagher & Flom and Veirano Advogados have emerged as the leading legal advisers in the South & Central American region for the first three quarters of 2025. According to GlobalData's Financial Deals Database, Skadden secured the top
position based on deal value, advising on transactions totaling $9.9 billion. Veirano Advogados, on the other hand, led in deal volume, participating in 11 deals. This marks a significant rise for Veirano, which jumped from the 30th position in Q1-Q3 2024 to the top spot in 2025. Skadden's involvement in three billion-dollar deals contributed to its leading position by value, while Kirkland & Ellis followed closely with $9 billion in advisory roles.
Why It's Important?
The prominence of Skadden and Veirano Advogados in the South & Central American legal advisory market highlights the growing influence of these firms in international mergers and acquisitions. Skadden's ability to secure high-value deals underscores its strategic importance in the region, potentially attracting more global clients seeking expertise in large-scale transactions. Veirano's rise in deal volume indicates a robust presence in the Brazilian market, which could lead to increased opportunities for local and international collaborations. This development may influence the competitive dynamics among legal firms, prompting others to enhance their capabilities to capture market share.
What's Next?
As Skadden and Veirano continue to dominate the legal advisory landscape in South & Central America, other firms may seek to bolster their presence in the region through strategic partnerships or expansions. The focus on high-value deals suggests that firms will prioritize expertise in complex transactions, potentially leading to increased demand for specialized legal services. Additionally, the evolving economic conditions in the region may drive further M&A activity, providing opportunities for legal advisers to expand their portfolios and influence.
Beyond the Headlines
The success of Skadden and Veirano in the South & Central American market may have broader implications for the legal industry, including shifts in client expectations and the need for innovative legal solutions. As firms navigate the complexities of international transactions, there may be increased emphasis on cross-border collaboration and the integration of technology to streamline processes. This could lead to long-term changes in how legal services are delivered and consumed globally.
