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Angola

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A country used to extraordinarily high economic growth rates, Angola was hit hard by volatile crude prices with GDP hitting a low point of recent years, while inflation rose above 35% in mid-2016. The country has been seeking to diversify its commodity-dependent economy, as well as to improve infrastructure and living conditions and management of public finances but these developments have significantly slowed as a result of market volatility.

Lawyers remain in high demand for representation in litigation, as well as advice on bankruptcies and labour issues.

Due to a limited number of local lawyers and wealth of investment opportunities for foreign companies, local firms cooperate closely with foreign law firms. Longstanding relationships include secondments and training of Angolan lawyers in foreign firms. Portuguese law firms are prevalent due to the countries’ shared history, language and legal system. Brazilian firms are also showing an interest in the country, with Tauil & Chequer Advogados in association with Mayer Brown leading the way. Of the larger anglophone international firms, only Clifford Chance has a significant Angola desk.

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