Lawyers and Law in Brazil: Ricardo Tosto

Brazil has a record of a high number of lawyers. It is actually the third highest in the world in the number of lawyers graduating from law schools. India and USA lead, with India on top of the list.

Does this mean that everyone in Brazil wants to pursue law as a career?

Well, not really.

The problem originates from the fact that there are many Law schools in country. This, however, does not answer to the million of cases that are left unattended to in the country’s judiciary. The country’s inhabitants complain that cases being delayed year after year, not only the complicated ones but the simple ones as well.

Whereas many complain of the incompetency of law firms in Brazil, one lawyer stands out from the rest. Richard Tosto de Oliveira.

Who is Richard Tosto de Oliveira?

Richard Tosto de Oliveira is the man who comes up with great strategies, which have led him to win various complex cases in the country. The fact that he has been able to deal with so many famous cases is impeccable. Through his firm, well known for its fantastic services, he has been able to win cases for very prominent personalities, large Brazilian corporations, and many government politicians.

Consequently, International Law Organization crowned him with the prize award of the ILO Client Choice Award, 2013.With his excellent leadership skills; there are also individuals, in the law industry, who refer to him as his mentor. He has been able to raise several lawyers, who work with him as partners at his law firm. Richard Tosto de Oliveira has taught them strategies that he uses in litigation of cases.

If the law schools in Brazil had the capability of producing individuals, such as Richard Tosto de Oliveira, then the millions of cases, which are pending, would be outdated. With hundreds of thousands of graduated professionals in the country, the judiciary seems to be slow in how they handle complex cases.

The “slow judiciary” as many would name it.

As more and more individuals graduated from schools, most of them end up working for private law firms, such as Richard Tosto de Oliviera’s firm. Employment vacancies in the government are not as much, and hence private companies act as an escape route for the many who are graduating from thousands of Law schools every year.

SEC Whistleblowers Have an Advocate in Labaton Sucharow

In the past whistleblowers had a particularly hard time getting their grievances out. They faced retaliation from their bosses in the form of monetary losses and sanctions. The Securities and Exchange Commission (SEC) was formed in 1934 as a result of loose regulations of stock and commodities before and during the Great Depression.

In the mid 1930s enforcement of the existing laws regarding trade and commerce were enforced. Registering with the SEC became normal. Yet there was no existent advocate for employees to report violations of the new regulations.

One of the shifts in stock market practices was that civil charges could now be brought on by individuals that had been defrauded against companies and individuals. It did also allow investors the transparency they needed to make wise investment decisions. The downside to this is that companies wielded too much power over their employees to maintain the strict accountability the SEC required.

Whistleblowers were often silenced due to fear of reprisals and other actions. The lawyers at Labaton Sucharow understood that whistleblowers needed protection from employers who repeatedly violated SEC regulations. The law firm decided that protecting and advocating for SEC whistleblowers would be their main activity. It was through their devotion that Labaton Sucharow was able to obtain the second highest SEC Whistleblower award for an anonymous client.

Advocates for whistleblowers worked tirelessly to help support and encourage employees to speak out about illegal practices and fraud. A SEC Whistleblower program was established in 2010 replacing a former program that had many loopholes for companies and corporations to retaliate against their employees for reporting security violations to the SEC.

A SEC Whistleblower attorney could now go after the affected companies and corporations to extract monetary sanctions for their clients. Clients could now expect to receive monetary compensation of 10 to 30 percent of the monetary sanctions the SEC required of the total monetary sanction collected for the SEC violations.

The lawyers at Labaton Sucharow provided support for the anonymous client so the client wouldn’t suffer retaliation by their employer or be blacklisted by the industry. It is important to note that anonymity is sometimes necessary to protect the whistleblower’s livelihood. Jordan A. Thomas, SEC whistleblower lawyer and chair of Labaton Sucharow’s representation practice believes that it took a lot of courage to come forward to protect individual investors from predatory practices by large corporations and companies.

Ricardo Tosto is a Brazilian Legal Superstar

Brazil is an enormous nation located in South America. It has a population of more than 200 million individuals. That’s why it’s no shock that the country’s legal realm is both extensive and expansive. Law in Brazil adopts components from several different European nations. It’s related to civil law from Germany, Italy, Portugal and France. Brazil’s legal network is equipped with 181,000 plus unique laws. It’s heavily centered around statutes. The Federal Constitution has been in effect in Brazil since the autumn of 1988. It’s the nation’s supreme law standard.

Law is a major field in Brazil. Brazil was home to more than a thousand legal courses as of 2007. It was home to close to 200,000 legal students at that time as well. The field doesn’t appear to be slowing down any time soon, either. Educational institutions that focus on the law exist in every station within the nation.

Ricardo Tosto de Oliveira Carvalho is a prime example of a prominent attorney who is based in Brazil. This hard-working lawyer is often referred to simply as Ricardo Tosto. He works and resides in the greater São Paulo region. São Paulo is a vast metropolis in Brazil’s southeastern portion. Tosto serves as a partner for a firm called Leite, Tosto e Barros Advogados Associados. He has a reputation for being a strong Brazilian legal entrepreneur. He’s also known for his impressive strategy talents. Tosto has been a member of the staff at Leite since the spring of 1991. He’s been a devoted employee for the firm for more than a quarter of a century so far.

Tosto is a graduate of Mackenzie Presbyterian University. This private educational institution is in São Paulo. He received a bachelor’s degree in the law field at this school. Tosto also went to the Fundação Armando Alvares Penteado. This is another São Paulo school. It was established in 1947. The lawyer studied business administration during his time at the Fundação Armando Alvares Penteado. Tosto is a seasoned professional who is well-versed in the strong relationship between the legal realm and the economy in his home nation.