In a competitive M&A environment, investors are extremely reluctant to spend money on legal services at the outset when there is doubt that a prospective deal will be completed
Greater political certainty in Spain will lead to an increase in dealflow, but with law firms fighting for deals in a highly competitive market
Greater financial liquidity in the Spanish market is boosting M&A activity, partly due to domestic banks restructuring and divesting their portfolios, says Sharon Izaguirre, partner at Deloitte Legal.
In order to mitigate the risk associated with moving from hourly rates to fixed fees, law firms have to concentrate on increasing efficiency
Despite significant M&A activity in Portugal in the last year, one of the biggest challenges for law firms in the country is the downward pressure clients are applying on fees, according to Jorge
The current tendency for Portuguese companies to sell off non-core assets has led to a rise in M&A activity, but pressure on fees continues
Portuguese companies need to start embracing the idea of consolidation if they want to become major players in a global industry, according to Alexandre Jardim, partner at pbbr in Portugal.
The financial, real estate and tourism sectors are expected to generate a substantial amount of deals, while venture capitalists eye the startup sector
Though there may have been a moderate decline in investor interest in Portugal in the last year, there remains potential for deals in the real estate, energy and technology sectors, according to Pedro Guimarães,
The need for reorganisation of the healthcare sector in Portugal has resulted in a significant number of acquisitions in the industry