In response to a struggling domestic market, Portugal’s leading law firms are increasingly seeking opportunities in former Portuguese colonies. LB assesses the different international strategies being employed by the country’s top legal practices
Aside from a spate of short-term privatisation work (see ‘Going private’), Portugal’s transactional lawyers continue to bemoan the demise of their national M&A pipelines. In order to bolster growth, the country’s major law firms are venturing to Portuguese-speaking jurisdictions where the legal systems are similar and investment is flowing.
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