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of producing individuals, such as Richard Tosto de Oliveira, then the millions of cases, which are pending, would be outdated.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.

The Second Leading SEC Whistleblower Reward Approved to Labaton Sucharow Client

In 2010, Congress endorsed the Dodd-Frank Wall Street Reform program and the Consumer Protection Act, the most far-reaching refurbishment of the U.S. financial regulation since the great economic depression. Among its numerous important reforms, the Dodd-Frank Wall Street Reform Act established a new whistleblower program aimed at providing significant financial incentives and employment protection for individuals to report any possible violations of the federal security laws to SEC.

In response to this epical legislation, Labaton Sucharow was the very first law company in the nation to establish an exclusive practice that is focused on the protection and advocation of all SEC whistleblowers. Building upon the leading securities of the company in litigation platform, financial analysts, and the forensic accountants with state and federal law enforcement experience in providing unparalleled representation for all possible whistleblowers. The legal practice is under the leadership of James A. Thomas, a former Assistant Chief Litigation Counsel and Assistant Director of the SEC Enforcement Division. During his tenure, James played a leadership role in the whistleblower development program, including the formulation of the proposed litigation and rules for final implementation.

Under the program rules, SEC is required to pay all eligible whistleblowers 10 percent to 30 percent of the sanctions in monetary value that were collected in the success of the enforcement action or actions whose sanctions exceeded $1 million. If the threshold were met, all whistleblowers would be eligible for special awards based on the penalties in monetary value collected in actions related to the one in question by law enforcement organizations.

Led by the well-known SEC whistleblower legal representative Jordan Thomas, team secures a monetary award for a client that reported a high-profile wrongdoing case.

Labaton Sucharow, LLP., which was founded as the nation’s first practice and is exclusively dedicated to Securities and Exchange Representation (SEC) whistleblowers, is happy to announce that the SEC has awarded over $17 million to a whistleblower that was represented by the company for exposing a high-profile wrongdoing in the financial service industry.

The award is by far the second largest from SEC whistleblower program, which is now six years. This program allows for the eligible whistleblowers receive between 10 percent and 30 percent of the total monetary sanctions that were collected in an enforcement action. The Labaton Sucharow whistleblower customer provided information of the highest quality against the financial markets major player.

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.