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Businesses need to move quickly so external law firms that take “two or three weeks” to respond are not very helpful, says SIBS´ João Franco do Carmo
BBVA´s Luisa Forcada says the bank judges external lawyers on their understanding of their client´s specific needs rather than on ´baseline costs´
There are signs that attitudes to ADR are changing with more clients adopting such methods to avoid heated courtroom battles
Though arbitration is often more costly than court proceedings, this type of alternative dispute resolution is being used more widely in Portugal, according to Dário Moura Vicente, a counsel and arbitration specialist at Serra
Some international companies still have concerns that arbitrators in Spain are not impartial and that there are problems with corruption
If judges are given a lot of discretion then the concept of “legal certainty” – which is what clients want – is difficult to achieve, Joaquín García Bernaldo de Quirós, partner at Ramón
