Deal professionals are enticed by Latin America like never before. An emerging middle class with increasing purchase power, coupled with a lack of intermediary services for buyers and sellers, has lit a fire under investment banks and law firms to start branching out and developing talent across the region.

"It's what is necessary now," says Maria-Leticia Ossa-Daza, a partner with Willkie Farr & Gallagher. "Having a Latin American component or a practice with lawyers who speak other languages and are culturally-aware is critical in today's international market."

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