Managing partner, legal and regulatoru | Brookfield
Paulo Garcia
Managing partner, legal and regulatoru | Brookfield
Team size: 13
How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure the organisation’s resilience?
Continue assessment of legal risks, including without limitation regulatory and litigation aspects, ensuring compliance with applicable regulations and legislation. Ensure contracts templates are up to date with clauses to try to protect and address potential crisis scenarios. Align with other areas within the organisation to have contingency plans for different types of crises, making sure the legal area is always part of the crisis management team and decision-making process approval. Training the organisation for the different crisis scenarios is an important tool to try being prepared when a crisis happens. Post-Crisis assessment is also an important step to help review all the above and improve the organisation for the future.
What emerging technologies do you see as having the most significant impact on the legal profession in the near future, and how do you stay updated on these developments?
Artificial Intelligence is by far the most relevant subject being discussed within the legal community and all its applications including without limitation research tools, due diligence data room solutions, contract and document review. Smart contracts start to be used to help facilitate processes and costs. Law firms are in the run to implement and optimise legal tech platforms and automation which could result in lower for the clients. Cybersecurity and Data Privacy continues to be in the agenda.
There are several sources to learn and follow the improvements in the legal AI areas like social medias, online courses, conferences, webinars, blogs and publications. Networking is also an interesting way to help be up to date.
In your opinion, what are the main trends that are salient in your country currently (these can be legal, political, economy or business-based)?
Brazil continues to experience significant political polarisation. The current government has been focusing on policies aimed at social inclusion, though risks like rising inflation and fiscal imbalance need to be addressed. Brazil has been trying to improve its trade relationships, particularly with Asia and Europe though US tariffs global impositions may be a challenge and have significant impacts on the economy and inflation. Brazil needs to attract much more foreign investments, particularly in infrastructure and technology sectors.
Head of legal and compliance | Brookfield
General counsel for Brazil | Brookfield