Other firms recognised at the Madrid ceremony included Garrigues, Sagardoy Abogados and Ecija, while Abertis bid won Best Deal award
Despite number of attempted cyberattacks, majority of partners confident that their firm is compliant with GDPR, but most think the approach to cybersecurity could be improved
With firms suffering a shortage of experienced associates, young lawyers are now more inclined to switch firm as they find their path to partnership restricted
Investors are increasingly seeing Iberia as a single market, which means firms with offices in both Spain and Portugal can better serve them, some lawyers argue
Big Data transactions could soon be worth ‘hundreds of millions’, while due diligence is changing due to the need to analyse large volumes of complex data – lawyers who master this will strengthen client relationships
The Spanish NPL market – where deals have an average value of up to €1.5 billion – has become increasingly sophisticated with portfolios packaged to attract specialist investors
Clients are now less risk averse and they are making decisions about deals more quickly, says SRS Advogados partner Nuno Miguel Prata, who adds that Portugal is increasingly on the radar of investors.
US and UK funds are targeting mid-market deals in Spain, with particular interest in the retail and healthcare sectors, says Latham & Watkins partner Manuel Deó.
Bird & Bird advised Swedish company Quartiers Properties on a joint venture agreement for the development of a “luxury hotel” in Marbella.
On 20 January 2016, the Directive 2016/97 – concerning insurance distribution – was adopted by the European Parliament and the Council. The Insurance Distribution Directive (IDD) provided a harmonised legal framework for this activity.
