Some mid-sized Portuguese law firms will be forced to merge in order to remain competitive in the market, according to CCA Ontier managing partner Domingos Cruz.
Law firms need to adapt to the cultural shift brought about by a new generation of lawyers – this involves implementing new business models that align with this change of mentality
Following a decade of turbulence, Lisbon’s commercial legal market is entering a welcome period of stability. Despite the relatively benign conditions, most lawyers acknowledge that by standing still they will effectively be moving backwards
To take advantage of market boom, lawyers need to continuously innovate, offer highly-specialised legal services and ‘far exceed the expectations of clients’
There is substantial demand for real estate and tax-related legal advice in Portugal, according to PLMJ managing partner Luis Pais Antunes. He adds that investors are increasingly targeting Portuguese assets because such investment presents a
Attracting brightest talent is major challenge for law firms – best approach involves giving lawyers international experience by ‘sending them abroad to work at different law firms’
International investors are increasingly targeting Portugal and it is vital that law firms are able to offer them business-oriented advice, says Nuno Azevedo Neves, partner at DLA Piper ABBC.
Lawyers from Google, PepsiCo, HP and Volkswagen were among the winners at the 2018 Iberian Lawyer Gold Awards.
Private enforcement is a growing trend in competition law, while it is also anticipated that there will be an increase in public procurement cartel cases in Portugal, according to SRS partner Gonçalo Anastácio.
AdC has been ‘extremely aggressive’ with regard to anti-trust enforcement in recent years due, in part, to a determined board that is targeting small businesses as well as large companies
