Several key players and trends shape the landscape in the Portuguese legal market, influenced by the country’s economic conditions, which have seen a steady recovery in recent years. This has led to an increase in business activity and, consequently, a demand for legal services across various sectors.
In the banking and finance sector, major law firms such as VdA, PLMJ, and Morais Leitão, Galvão Teles, Soares da Silva & Associados have a prominent position. These firms are noted for their expertise in various complex transactions, including syndicated loans, debt issuances, and structured finance. The sector has seen a trend towards digitalization and fintech, which has led to an increased demand for legal services in these areas.
The commercial, corporate, and M&A sector is another significant area in the Portuguese legal market. Firms such as Morais Leitão, Galvão Teles, Soares da Silva & Associados, VdA, and PLMJ have been highlighted for their work in this area. The sector has seen a surge in M&A activity, particularly in the technology and real estate sectors, which has been a major driver of growth in the legal market.
In the dispute resolution sector, firms such as PLMJ, Morais Leitão, Galvão Teles, Soares da Silva & Associados, and VdA have been noted for their strong presence. The sector has seen a trend towards alternative dispute resolution methods, such as arbitration and mediation, which has led to an increased demand for legal services in these areas.
The real estate and construction sector has also seen significant activity, with firms such as VdA, Morais Leitão, Galvão Teles, Soares da Silva & Associados, and PLMJ playing a key role. The sector has been buoyed by the strong performance of the Portuguese real estate market, which has seen a surge in both domestic and foreign investment. This has led to an increased demand for legal services related to real estate transactions and construction projects.