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ARTICLE · 11 AUGUST 2016

Local Knowledge, As Well As Global Capability, Is Valuable

The expertise of smaller specialist law firms can be as important as that of the international players, argues The Navigator Company's Antonio Neto Alves.

PortugalStrategy

The expertise of smaller specialist law firms can be as important as that of the international players, argues The Navigator Company's Antonio Neto Alves

Setúbal-based The Navigator Company is Europe's largest paper and pulp manufacturer, producing 1.6 million tonnes of paper annually and contributing around €2.9bn to the Portuguese economy. The business has subsidiaries in a dozen countries and exports to dozens more, and so a key requirement for its external advisers is both global and local knowledge, according to Antonio Neto Alves, the company's general counsel.

But while The Navigator Company does have long-standing relationships with some law firms, Neto Alves says there is no guarantee that the business will use these firms on every occasion. Indeed, in some circumstances, the company will invite several firms to bid for work. "Sometimes with a large project we put out a tender and make consultations with six or seven law firms, and we take the best offer,"

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