Defending class actions in a cost effective way is challenging for law firms – Caiado Guerreiro.

Defending financial sector clients against class actions can be a challenge for law firms in that legal teams have to be organised to handle hundreds of claims in a cost effective way, says Caiado Guerreiro managing partner João Caiado Guerreiro.
“In the last year, there have been a lot of financial sector class actions coming to court,” says Caiado Guerreiro. “There are hundreds of claimants suing companies, and of course individually the cases are not big, but in sum they add up to big numbers and it’s a challenge to organise teams to defend these cases.”
Meanwhile, Caiado Guerreiro says there has been a significant increase in regulator-related litigation. “Some of the biggest opportunities will come in the regulatory area,” he adds. “Regulators such as Anacom, Bank of Portugal and CMVM are taking more decisions and their fines are big.”
Arbitration related to matters in Africa and South America is also expected to be a growth area for law firms in Portugal. “There will be plenty of arbitration matters related to Angola, Mozambique and Brazil,” Caiado Guerreiro says. He adds: “Portugal is seen as a low cost venue for big cases.”

Defending class actions in a cost effective way is challenging for law firms – Caiado Guerreiro.


Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram