In the short term, banking and finance-related work will sustain many law firms in Lisbon, but the longer term outlook is more uncertain and legal market consolidation is looking likely
M&A, real estate and finance matters are keeping Portuguese lawyers busy, but the firms that prosper in the coming years will be those that effectively plan for a new economic landscape
As client demands change it increasingly makes sense for large law firms in Portugal to organise their lawyers into industry-focused teams rather than according to legal practice areas, says Maria João Ricou, managing partner
Good yields in the Portuguese real estate market, along with growth in the tourism sector are generating a significant amount of work for lawyers, according to Duarte Garin, managing partner of Uría Menéndez-Proenç
Significant investment in the financial, real estate and tourism sectors set to continue, while clients’ data protection concerns increase
Adjusting to the impact of artificial intelligence on the legal sector is one of the key challenges facing law firms, says João Caiado Guerreiro, managing partner of Caiado Guerreiro.
As Lusophone Africa suffers the effects of lower oil prices, law firms in Lisbon are turning their attention to more unfamiliar jurisdictions
With banks having stricter lending requirements, clients need specialist lawyers who advise them on all stages of a project, including advice on how public bodies will react
Hewlett Packard Enterprise’s strategy of focusing on recruitment at entry level and nurturing talent – rather than hiring externally for senior roles – has led to big savings, says Eduardo Ruiz
Andrade Gutierrez carries out a cost-benefit analysis when selecting legal service providers because the company requires wide-ranging experience and a global perspective, even from local firms