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
Broseta advised Spanish digital media company Weblogs on its acquisition by Webedia.
Cuatrecasas partner Álvaro Bourkaib says that GDPR-related litigation – related to both private and public enforcement – is a growing area of work for law firms.
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’
Allen & Overy advised Santander Consumer Finance on its investment in UK software provider Vizolution.
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.
Freshfields Bruckhaus Deringer advised the Qatar Investment Authority on the sale of a 22 per cent stake in France’s Société Foncière Lyonnaise to Spanish real estate investment trust Colonial.
CMS advised Spain-based frozen vegetable company Virto Group on the acquisition of Oerlemans Foods from H2 Equity Partners.
