It first appeared that cautious optimism would characterise the Iberian legal market in 2023 but no-one predicted quite how turbulent the year would turn out to be. Rising interest rates, mounting geopolitical tensions in Europe, and a risk-averse investment environment created arduous conditions for deal-making across the continent. Portugal and Spain were no exception. In …
Continue reading “Euro Elite 2024: Iberia – Out the other side”
The past three years have been nothing but challenging for Portugal and Spain. The neighbours, whose economies are hugely reliant on the hospitality and tourism sectors, were hit hard by the series of lockdowns imposed to battle soaring rates of Covid-19 infection in 2020. But fast forward to 2023, and the outlook has shifted significantly. …
The past three years have been nothing but challenging for Portugal and Spain. The neighbours, whose economic and social development are hugely reliant on the hospitality and tourism sectors, were hit hard by the series of government-mandated lockdowns imposed to battle soaring rates of infection in 2020. But fast forward to 2022, and the outlook …
Though the landscape has shifted as a result of the pandemic, the entry of international players and the ongoing digital transformation, independent law firms in Spain and Portugal continue to rise to the occasion. The M&A market took an inevitable knock due to Covid-19, but Spanish firms’ optimism appeared justified, with high liquidity and low …
Iberia’s all-important tourism and hospitality sectors have taken a hit during the pandemic, and continued restrictions mean it could be some time before international holidaymakers are able to return. While Covid-19 has brought unique challenges, independent law firms in the region were already facing tough competition from global players and the Big Four accounting firms. …
