Though major firms in Spain and Portugal are implementing artificial intelligence (AI), doubts persist about the technology, with some managing partners saying it performs like a ‘bad associate’
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All the law firms that Itínere uses must demonstrate the ‘highest level of competence, as well as the highest levels of honour’, says Santiago del Pino Aguilera.
Surge in corporate and litigation work, as well as drives to increase efficiency, results in corporate law firms in Spain and Portugal experiencing revenue increases of up to 20 per cent
Ashurst advised Spanish hearing-aid retailer GAES on its €528 million acquisition by Amplifon, which was advised by Garrigues.
Garrigues was instructed by Merlin Properties in relation to the acquisition of the Almada Forum shopping centre in Lisbon for €406.7 million.
Garrigues advised private equity funds GED and Diana Capital on the sale of Megafood to Burger King Spain.
Garrigues advised private equity firm Ergon Capital Partners on its acquisition of a controlling interest in Indo Optical from Sherpa Capital, which instructed DLA Piper.
Investors are battling for the best assets in Iberia and this is generating plenty of work for lawyers, but such work is not always as profitable as law firms would like
Garrigues advised IT and engineering consultancy Alten Group on the acquisition of Spanish financial technology consultancy Optimissa.
Retail, real estate and environment-related M&A deals are becoming more common in Spain, though political incertainty could potentially jeopardise deals in future, says José María Gil Robles, partner at Garrigues.
