08 Mar, 2012

Top lawyers from Mexico will be welcomed to London and Leeds by the Law Society of England & Wales next week, as the UK accelerates its trade drive with Latin America’s largest trading nation.


The Law Society, which is hosting a delegation of Mexican lawyers on March 13 as part of ‘Mexico Week in the UK’, said that its members were identifying an increasing number of opportunities in Mexico and the wider Latin American region, including partnerships with law firms from the region.


Law Society Vice President Lucy Scott-Moncrieff said: “The UK government is committed to doubling trade with Mexico over the coming years. Our members, solicitors, are working alongside professionals in a wide range of business sectors including banking and financial services, insurance and reinsurance, infrastructure, energy and telecommunications.


“The Mexican government has recently enacted new PPP legislation which is expected to support a new wave of investment in infrastructure projects. UK-based lawyers are well placed to advise on these and other trade opportunities.


“We regularly host events on opportunities in other markets, but we have seen a noticeable increase in interest for Mexico related events, which are also supported by Mexico-based lawyers. There is clearly scope for lawyers from Mexico and England and Wales to work in partnership as Mexico establishes itself further as a strong economy in the region and on the world stage.”


A delegation of 100 Mexican business leaders are expected in the UK as part of a week of events in London and Leeds to promote UK–Mexico trade and investment.


The Law Society is hosting a legal seminar in London as part of the programme, to be opened by Law Society Vice-President Lucy Scott-Moncrieff. The programme includes panel discussions on the legal issues for investors doing business in Mexico and growth sectors for UK – Mexico investment, with 10 top Mexican law firms expected to take part.


Mexico is the UK’s second largest trading partner in Latin America after Brazil. In 2010, bilateral trade in goods between the UK and Mexico also increased by a third – totalling almost £1.9 billion. In March 2011, the British and Mexican governments committed to double bilateral trade to £4.2 billion by 2015.


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