Law in Brazil is determined primarily by the Federal Constitution that was formulated in 1988. This document heavily borrows concepts from the civil law of Portugal, Germanic law, and the Napoleonic code. In more recent times, several statutes and rules supporting the “sumula vinculante” mechanism have been enacted. This is a concept geared towards increasing the effectiveness of decisions and verdicts made by the Federal Supreme Court. The reason is that by law, apart from the Constitution, only the Supreme Court is allowed to make binding decisions.
Aside from the Federal Constitution, other codes and statutes influence legal proceedings such as the Penal Code, the Consolidation of Labor Laws, the Civil Code, the Criminal Suit Code, and many others. According to the Constitution of Brazil, its 26 federal states have the ability to take on their own specific laws, subject to those outlined in the national constitution.
The complexity and strictness of Brazilian law necessitate the use of law professionals such as Ricardo Tosto de Oliveira Carvalho. Lawyers in Brazil have to undergo five years of formal training, followed by a Bar Examination from the Order of Attorneys of Brazil. This is the body that regulates the nation’s legal professionals and their activities. As of 2014, the association had more than 850,000 registered lawyers.
The legal profession is considered as on the most promising and prestigious careers in Brazil. The states with the most lawyers include Minos Gerais, Rio de Janeiro, and Sao Paolo, the area of practice for Ricardo Tosto de Oliveira Carvalho.
About Ricardo Tosto de Oliveira Carvalho
He is one of the leading lawyers in Brazil and is currently a Managing Partner at Leite, Tosto e Barros Advogados Associados. Through the firm, Ricardo Tosto de Oliveira Carvalho has specialized in cases dealing with business and commercial law, banking litigation, as well as debt and credit restructuring.
Several of the cases handled by Ricardo Tosto de Oliveira Carvalho have led to the emergence of new legal mechanisms that are now used regularly. This includes the mass action model. He has dealt with large multinational groups, governmental organizations, as well as pro bono work for NGOs.
Ricardo Tosto de Oliveira Carvalho’s expertise in both banking and litigation has made him one of the most sought-after lawyers in Brazil. He is on the board of the Study Center for Lawyer Societies, and an associate of the International Bar Association.