Pulso
Mattos Filho
INTEGRATED REPORT 2024
In 2024, we transformed macroeconomic challenges into opportunities for growth. Under the leadership of managing partner Pedro Whitaker de Souza Dias, Mattos Filho reinforced its commitment to excellence and efficiency with significant results. Read about our managing partner’s view of the progress, initiatives and commitments that marked the year.
See an overview of the report highlighting our growth in 2024, financial results, recognitions and social initiatives.
Financial
Data
Our Professionals
Gross Revenue
BRL 1.7
billion
Taxes (Total Paid)
BRL 398.1
million
Employee Benefits
(Total Paid)
BRL 57.7
million
Performance Bonuses
(Total Paid)
BRL 102.3
million
Funding for Social Projects
(Paid via Tax Incentive Laws or Direct Funding)
BRL 10.6 million
Our
Professionals
Partners
Total Lawyers
(Partners & Associates)
Law Students
Administrative Professionals
(Management
& Development Group)
Our Work
Litigation Matters
52.1%*
Latin Lawyer
We have led the number of Deals of the Year in Disputes since 2009.
In 2024, we were awarded Deal of the Year – Mergers and Acquisitions: Public Companies for a transaction in which General Atlantic and Dragoneer acquired shares in Arco Educação.
RECOGNITIONS
*Calculated based on 2024 gross revenue (BRL 1.7 billion)
Transactional/Regulatory Matters
47.9%*
Thomson Reuters
We lead the 2024 M&A Latam rankings for deal value
TTR
We lead the M&A Brazil and Private Equity Brazil rankings in number of deals
MergerMarket
We lead the 2024 M&A Latam rankings for deal value
RECOGNITIONS
*Calculated based on 2024 gross revenue (BRL 1.7 billion)
With a full-service structure and consolidated presence in Brazil and abroad, our strategic, personalized legal service ensures clients are supported in creating business and important decision-making.
Brazil
Our offices in the cities of São Paulo, Campinas, Rio de Janeiro and Brasília allows us to work closely in coordination with the needs of our clients. Regional working groups focused on markets in Brazil’s South, Midwest, North, Northeast and the state of Minas Gerais serve to strengthen our relationships with clients in other parts of the country. Our multidisciplinary approach has established us as a point of reference in handling large cases and enhanced our strategic view of different industries and sectors, allowing us to anticipate trends and combine varying expertise for prompt, innovative service.
International
We assist clients around the world seeking to do business in Brazil. Our New York office supports us in serving clients based in the United States and Canada, while a number of specialized desks focus on relationships in several other jurisdictions. With a deep understanding of foreign business cultures and the market-specific challenges, we can provide comprehensive, personalized legal advice across borders. Our teams keep in close contact with foreign representative bodies, law firms and professionals, ensuring strong relationships with large international groups and effective solutions in line with each client’s priorities.
Pro Bono
In 2024, the following were highlights of our pro bono work:
Pro Bono Hours
16,000+
Volunteer Professionals
344
Exclusive Pro Bono Team Members
10
RECOGNITIONS
Chambers Brazil Awards
Pro Bono Outstanding Firm
Pro Bono Leading Lights
Collaboration Award
for our work with ELA – Equipo Latinoamericano de Justicia y Género
Mova Volunteering
BRL 114,195.00
Amount raised during the ‘Move Against Hunger’ (Mova-se Contra A Fome) campaign – BRL 57,097.50 from staff donations, with the firm itself matching the same sum. The money was used to provide 1,384 basic food packages (cestas básicas) to socioeconomically vulnerable people in the Brazilian states of Amazonas, Bahia, Pernambuco, Rio Grande do Sul, Rio de Janeiro, São Paulo, and the Pantanal region.
OPEN INNOVATION PROGRAM
Startups analyzed across segments including:
LegalTechs, Fintechs, HRTechs, InsurTechs, RegTechs, GreenTechs, DeepTechs, EdTechs, HealthTechs, and MarTechs.
Startups in the attix portfolio
13 hired by Mattos Filho
Product mentorships
For portfolio startups
Forums
For presenting new solutions to the firm’s teams and clients
Events/Webinars
Held in partnership with attix startups on solutions linked to legal services
AWARD
Top 3 Legal Services – Brazil
Mattos Filho
Chambers Brazil Awards
Awarded Brazil's 'Law Firm of the Year' for the eighth time
We also received the highest number of practice area awards (four in total) at the 2025 edition.*
Pro Bono Outstanding Firm
Chambers Global
We lead Brazilian firms in the Chambers Global 2025 guide
for number of ranked categories and Band 1 professionals.*
*Refers to 2024.
Elite
Diversity Initiative of the Year (Lire)
Pro Bono Leading Lights
Innovative Firm of the Year
The Global 200
Only Latin American firm featured on the list
Team of the Year
Collaboration Award
for our work with ELA – Equipo Latinoamericano de Justicia y Género
Top 3 Legal Services – Brazil (attix)
Chambers Brazil Awards
Awarded Brazil's 'Law Firm of the Year' for the eighth time
We also received the highest number of practice area awards (four in total) at the 2025 edition.*
Pro Bono Outstanding Firm
Chambers Global
We lead Brazilian firms in the Chambers Global 2025 guide
For number of ranked categories and Band 1 professionals.*
*Refers to 2024.
Elite
Diversity Initiative of the Year (Lire)
Pro Bono Leading Lights
Innovative Firm of the Year
The Global 200
Only Latin American firm featured on the list
Team of the Year
Collaboration Award
for our work with ELA – Equipo Latinoamericano de Justicia y Género
Top 3 Legal Services – Brazil (attix)
Our Performance
Practice Recognitions
Including 67 recognitions from Chambers and Partners (38 as Band 1)
Deals of the Year
Our practices were recognized by seven international institutions for their work in 12 different deals
Individual Recognitions
117 from Chambers and Partners (33 as Band 1, Star Individual and Eminent Practitioner)
Client Testimonials
With in-depth technical knowledge, practical experience and a multidisciplinary approach, they deeply understand the issues and are at the forefront of evolution and best practices in every area
Chambers & Partners
The firm's professionals regularly work on many of the country's major cases. They are highly regarded international and local clients, who praise their excellent reputation, personalized services, and industry knowledge
Latin Lawyer
The firm seeks precedents and produces new approaches whenever possible to achieve the best results. It works with timely responses while maintaining the expected level of quality
Chambers & Partners
In 2024, Mattos Filho stood firm as a reference among full-service law firms in Latin America, offering clients innovative, personalized solutions across over 45 areas of law. The firm achieved double-digit growth with a strategy focused on providing broad, high-quality service, strong governance and a collaborative culture both between the firm’s 145 partners and the practices themselves. This resulted in growth across a number of indicators, including revenue, the number of open cases, and billed hours, as responding to clients’ needs and diverse business challenges remained the priority.
A key highlight was the work of our Tax, Civil Litigation, and Corporate/M&A areas, which alone represented more than 50% of total revenue in 2024. Other strategic areas demonstrated strong growth potential, such as the Restructuring & Insolvency and Infrastructure & Energy practices. Ultimately, the relatively even spread of focus on transactional, regulatory and litigation matters provided a more predictable scenario for the firm, making it more resilient as various different economic segments experienced volatility throughout the year.
Where we are
With a full-service structure and consolidated presence in Brazil and abroad, our strategic, personalized legal service ensures clients are supported in creating business and important decision-making.
Brazil
Our offices in the cities of São Paulo, Campinas, Rio de Janeiro and Brasília allows us to work closely in coordination with the needs of our clients. Regional working groups focused on markets in Brazil’s South, Midwest, North, Northeast and the state of Minas Gerais serve to strengthen our relationships with clients in other parts of the country. Our multidisciplinary approach has established us as a point of reference in handling large cases and enhanced our strategic view of different industries and sectors, allowing us to anticipate trends and combine varying expertise for prompt, innovative service.
International
We assist clients around the world seeking to do business in Brazil. Our New York office supports us in serving clients based in the United States and Canada, while a number of specialized desks focus on relationships in several other jurisdictions. With a deep understanding of foreign business cultures and the market-specific challenges, we can provide comprehensive, personalized legal advice across borders. Our teams keep in close contact with foreign representative bodies, law firms and professionals, ensuring strong relationships with large international groups and effective solutions in line with each client’s priorities.
In 2024, we closely followed the political and economic scenarios, market movements, and legal developments in Brazil that impacted companies and business. Read our partners’ analysis of the main issues Mattos Filho worked on in 2024.
A new chapter focused on the strength and longevity of the business
In April 2024, following a transition period, Pedro Whitaker de Souza Dias took over the role of managing partner from Roberto Quiroga, one of the firm’s founders. Despite wider macroeconomic challenges, the firm achieved strong results and significant growth, closing 2024 with substantial increases in gross revenue and other indicators, such as the number of ongoing cases. This success is the result of Mattos Filho’s collaborative culture, our broad expertise, and solid governance. These factors, combined with our focus on developing professional talent and outstanding client service, ensured the firm remained a market leader among full-service firms in Latin America.
Integrity and ethics
Mattos Filho values integrity and honesty, and upholds the highest ethical standards in compliance with Brazilian laws and regulations. We annually update our internal policies and materials – such as our code of ethics and conduct – and provide both our legal and administrative professionals with regular training on these topics. The firm also requires its suppliers and service providers to meet pre-established requirements during contracting.
Talent development
At Mattos Filho, we value and nurture talent, develop our professionals’ skills, and create opportunities to boost their careers.
Jovens Talentos (Young Talents) Program
The 10th edition of the Young Talents internship program saw 84 law students join the firm to gain experience in various areas of practice. As well as working with highly renowned lawyers, the interns actively participated in the day-to-day operations of their teams, providing support with various technical matters. The students had access to a range of technical training pathways and their development was overseen by a specific team of managers, adding value to and complementing their training.
We participated in the University of São Paulo Law School’s Internship Week, one of Brazil’s largest legal fairs. In an innovative development, the Mattos Filho stand included a virtual reality tour of our offices, providing over 600 visitors with an immersive experience that allowed them to see what working at the firm is like.
Mattos Filho was also involved in another UniWeek, a series of events in which renowned American universities present prospective Brazilian students to their LL.M. programs. In 2024, 10 institutions and 136 of the firm’s professionals took part in the initiative.
We are the only Latin American law firm to have joined this worldwide alliance with over 30 leading law firms committed to zeroing their greenhouse gas (GHG) emissions by 2050. In 2024, we focused our efforts on all three of the alliance’s pillars, continuing good practices and strategies to reduce our emissions, offering our lawyers training on climate change issues, and providing legal services in line with a low-carbon economy.
We stayed involved with the UN’s Our Only Future Campaign, through which we committed to zeroing the firm’s carbon emissions across all three scopes – the firm’s direct and indirect emissions, our professionals’ emissions, and emissions in our supply chains – by 2050.
Net Zero Ambition Movement
We are part of a group of Brazilian companies aiming to reduce a total of two gigatonnes of CO2 in accumulated emissions by 2030.
Commitment to Climate
We are the only representative within the legal sector in this group of companies whose purpose is to engage the private sector in taking climate action. The initiative connects companies that are interested in offsetting their GHG emissions to projects that create social and environmental benefits (legally assessed by our firm).
The firm developed a decarbonization plan in partnership with way Carbon to achieve its intermediate goals for 2030. The plan considered the firm’s GHG emission profile, potential scenarios and decarbonization projects, establishing recommendations and priority projects.
Decarbonization plan
In 2024, Mattos Filho began contributing to the Climate Policy Monitor, a University of Oxford research initiative. It seeks to build an evidence base and the capacity to promote effective, rigorous, and equitable net zero regulation and policy by mapping regulations on climate-related disclosure, transition planning, and public procurement.
Legal content production on climate change
Our partnership with local cooperative YouGreen resulted in more than 9 tonnes of waste being recycled in 2024.
Recycling
Net Zero Lawyers Alliance
We are the only Latin American law firm to have joined this worldwide alliance with over 30 leading law firms committed to zeroing their greenhouse gas (GHG) emissions by 2050. In 2024, we focused our efforts on all three of the alliance’s pillars, continuing good practices and strategies to reduce our emissions, offering our lawyers training on climate change issues, and providing legal services in line with a low-carbon economy.
We stayed involved with the UN’s Our Only Future Campaign, through which we committed to zeroing the firm’s carbon emissions across all three scopes – the firm’s direct and indirect emissions, our professionals’ emissions, and emissions in our supply chains – by 2050.
Net Zero Ambition Movement
We are part of a group of Brazilian companies aiming to reduce a total of two gigatonnes of CO2 in accumulated emissions by 2030.
Commitment to Climate
We are the only representative within the legal sector in this group of companies whose purpose is to engage the private sector in taking climate action. The initiative connects companies that are interested in offsetting their GHG emissions to projects that create social and environmental benefits (legally assessed by our firm).
The firm developed a decarbonization plan in partnership with way Carbon to achieve its intermediate goals for 2030. The plan considered the firm’s GHG emission profile, potential scenarios and decarbonization projects, establishing recommendations and priority projects.
Decarbonization plan
Legal content production on climate change
In 2024, Mattos Filho began contributing to the Climate Policy Monitor, a University of Oxford research initiative. It seeks to build an evidence base and the capacity to promote effective, rigorous, and equitable net zero regulation and policy by mapping regulations on climate-related disclosure, transition planning, and public procurement.
Our partnership with local cooperative YouGreen resulted in more than 9 tonnes of waste being recycled in 2024.
Recycling
Boosting inclusion and diversity in the workplace
Mattos Filho’s Diversity, Equity and Inclusion Program reaffirms our commitment to an increasingly equitable work environment where everyone can realize their full potential. Throughout the firm’s journey, we have increasingly understood the importance of respecting differences, promoting equity, and the positive impact of greater inclusion on society. We have also seen how increased exposure to multiple backgrounds, experiences, and perspectives strengthens our business.
In September 2024, we held the second edition of our Diversity Week, which included panels and lectures on female leadership, the inclusion of people with disabilities, religious intolerance on social media, lesbian visibility in the job market, and colorism and racial identification. 460 professionals participated in the event.
Learn more about the firm’s six affinity groups: 4Women and EmFamília (gender equity), MFriendly (LGBTQIAPN+ rights), Soma (racial equity), EmFrente (rights of people with disabilities), and Lire (religious freedom).
Soma Talentos
Part of the program’s racial equity pillar, Soma Talentos is an affirmative action initiative for hiring self-identifying black Brazilian law students. Now running for over five years, the program selects such students to intern at the firm, where they can develop both technical and interpersonal skills via initiatives such as English classes and mentoring. In 2024, seven interns joined the firm through Soma Talentos, working in five of the firm’s practices – Litigation & Arbitration, Asset Management Services & Investment funds, Corporate/M&A, Labor & Employment, and Tax.
Legal alliances that
benefit the collective
In our commitment to promoting a more inclusive, diverse, and equitable culture in the Brazilian legal sector, Mattos Filho, along with other full-service law firms, is part of both the Aliança Jurídica pela Equidade Racial (Legal Alliance for Racial Equity – established in 2019) and the Aliança Jurídica pela Equidade de Gênero (Legal Alliance for Gender Equity – established in 2023, and in which Mattos Filho is part of the Executive Secretariat).
Among the Legal Alliance for Racial Equity’s main initiatives of the year was the release of the book Diversidade e Inclusão no Direito: promovendo a equidade racial na advocacia brasileira (‘Diversity and Inclusion in Law: Promoting Racial Equity in Brazilian Legal Advocacy’ – available in Portuguese) which discusses the fight against structural racism in Brazil’s legal sector and society. Meanwhile, the Legal Alliance for Gender Equity released its Common Minimum Agenda on advancing women to leadership positions at law firms. The agenda proposes ten strategic, concrete actions based on the participating firms’ successful experiences and best practices.
25 years of Mattos Filho’s pioneering pro bono work
Created to help democratize access to justice in Brazil and defend and promote human rights, Mattos Filho’s pro bono area celebrated its 25th anniversary in 2024. The firm announced two developments in the context of this milestone:
- A partnership with leading Brazilian law school FGV Direito SP’s Strategic Human Rights Litigation Clinic that aims to modernize public interest advocacy in Brazil. The project combines academic research, teaching, and pro bono advocacy to facilitate high-impact human rights cases in the country’s courts.
- The release of the third edition of Human Rights in Evidence, a book compiling analysis and research on topics such as tackling gender violence, sexual and reproductive rights, and the right to public safety – all produced collaboratively by the Mattos Filho 100% Pro Bono team.
Below, you can watch a video reflecting on Mattos Filho’s 25 years of pro bono work featuring partners Roberto Quiroga and Flavia Regina Oliveira, as well as São Paulo Public Defender General Luciana Jordão and FGV Direito SP professor Eloísa Machado de Almeida.
Our results on this journey:
Pro bono hours
Clients
Professionals involved
Below, you can watch a video reflecting on Mattos Filho’s 25 years of pro bono work featuring partners Roberto Quiroga and Flavia Regina Oliveira, as well as São Paulo Public Defender General Luciana Jordão and FGV Direito SP professor Eloísa Machado de Almeida.
Mattos Filho launched its Social Investment Policy in 2024, with guidelines for supporting social and cultural projects and organizations via tax incentive laws or direct funding. Aligned with the firm’s corporate citizenship strategy, Diversity, Equity, and Inclusion Program, and the work of the Mattos Filho 100% Pro Bono practice, the policy contemplates projects aligned with the firm’s values to create a positive social impact, focusing on areas such as human rights, civic responsibility, education, culture, sports, and sustainability.
Instituto Mattos Filho
A pioneering initiative in Brazil’s legal sector, Instituto Mattos Filho (Mattos Filho Institute) promotes awareness of the law and access to justice throughout the country for a freer, more diverse and democratic society. The institute is structured around four pillars: promoting pro bono advocacy and expanding access to justice; disseminating legal knowledge; providing scholarships to socioeconomically vulnerable young people with high academic potential; and supporting social initiatives that promote diversity and civic responsibility.
In 2024, Instituto Mattos Filho granted scholarships to 40 students, transforming the lives of many young people. These include Caroline Fernandes Costa, Manoela Naquis and Ana Clara Mattos, all of whom went on to join Mattos Filho after participating in the program.
Manoela Naquis, Ana Clara Mattos and Caroline Fernandes
Ever since I was little I always wanted to be a lawyer. My mother also had this dream but never had the opportunity to fulfill it. When I got my diploma, it was as if we both had achieved it together. I always liked to talk, debate, and be a communicator, but the main reason I chose law was the desire to make a difference by promoting transformation, both socially and in the lives of clients. Today, I feel very fulfilled, and it is a privilege for me to talk about how Instituto Mattos Filho did so much for me and for other young people
Manoela Naquis,
25
Associate – Corporate/M&A
I have a scholarship at FGV Direito São Paulo and have been at the firm for almost a year and a half working in the Litigation & Arbitration practice. All of this was only possible thanks to Instituto Mattos Filho, which was fundamental to my development... I am so grateful. Besides the full scholarship I received for my undergraduate studies, I was also awarded an exchange scholarship to Los Angeles, one of the most special, transformative moments of my life
Ana Clara Mattos,
22
Associate – Litigation & Arbitration
This project transformed the lives of both me and my family. My mother is a domestic worker, and my father is from the hinterlands of Bahia, so each of my achievements represents a great step forward for them. I had the chance to study at one of the best universities in Brazil, visited New York City, and participated in two inspiring mentoring programs. Instituto Mattos Filho allows people who never had the opportunity to dream to do so
Caroline Fernandes Costa,
23
Associate – Banking & Financial Services
