The number of law schools in Brazil increased drastically during the 1990s. Today there are 1,157 law schools in 26 states and Brasilia, a 600% increase compared to 1991. This expansion has been largely driven by large for-profit educational conglomerates, such as Estácio and Kroton, which are both publicly traded companies. The American educational brand DeVry is also present in Brazil. Today, one in 10 law schools is for-profit original source.
Educational companies are attracted to law schools since they are low-cost and high-profit. In Brazil, law school tuition is among the highest of all educational programs and the demand for law school spots is consistently growing as more Brazilians aim to join the middle class through education. The Ministry of Education is concerned about the quality of legal education and placed a moratorium on accrediting law programs in 2013. The four largest educational firms in Brazil control 86% of the private law schools in Brazil.
Ricardo Tosto is a Brazilian attorney specializing in dispute resolution and civil litigation. He is the founder of one of Brazil’s leading civil litigation and corporate law firms, Ricardo Tosto& Associations. Ricardo Tosto is also a graduate one of Sao Paulo’s most reputable law schools.
After earning his LLB degree, Ricardo Tosto embarked on building a law firm on a unique premise. Ricardo Tosto’s vision revolutionized the way dispute resolution law was practiced in Brazil. In addition to being a member of the Sao Paulo Bar, Ricardo Tosto’s law firm also has offices in Rio de Janeiro and the Federal District (Brasilia), contact him.